HSBC vs RJF: Which Is the Better Dividend Stock?
As of Oct 31, 2026, HSBC and RJF are closely matched. HSBC offers the higher yield at 4.39%, RJF has the higher dividend-safety score, and HSBC looks like the better value (its fair-value estimate is 75% above its share price).
Key facts: HSBC vs RJF
Data as of · Source: SmarterDividends data
- As of Oct 31, 2026, HSBC Holdings plc (HSBC) has the higher forward dividend yield at 4.39%, versus 1.37% for Raymond James Financial, Inc. (RJF).
- As of Oct 31, 2026, SmarterDividends grades HSBC's dividend safety B (68/100) and RJF's A (99/100).
- By SmarterDividends' count as of Oct 31, 2026, HSBC has raised its dividend for 0 consecutive years and RJF for 16.
- As of Oct 31, 2026, HSBC pays out 54% of its earnings as dividends and RJF pays out 18%.
- As of Oct 31, 2026, HSBC's fair-value estimate is 75% above its share price and RJF's fair-value estimate is 8% above its share price, so HSBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HSBC vs RJF: Dividend Yield, Safety & Value Compared," updated Oct 31, 2026, https://smarterdividends.com/compare/hsbc-vs-rjf
| Metric | HSBC | RJF |
|---|---|---|
| Forward yield | 4.39% | 1.37% |
| Annual dividend | $3.75 | $2.16 |
| Payout ratio | 54% | 18% |
| Years of growth | 0 yr | 16 yr |
| 5-yr dividend growth | -13.8% | 15.2% |
| 5-yr total return | 209% | 60% |
| Dividend safety score | 68 (B) | 99 (A) |
| Fair value estimate | $149.54 | $169.61 |
| Upside to fair value | +75% | +8% |
| Frequency | quarterly | quarterly |
| Market cap | $292.1B | $30.2B |
| P/E ratio | 11.2 | 13.2 |
Higher yield
HSBC
4.39%
Safer dividend
RJF
Grade A
Faster growth
RJF
15.2%
Better value
HSBC
+75% upside
HSBC vs RJF — FAQ
Is HSBC or RJF a better dividend stock?
HSBC and RJF are closely matched. HSBC has the higher yield; RJF scores better on safety.
Which has a higher dividend yield, HSBC or RJF?
HSBC has the higher forward dividend yield at 4.39%, versus 1.37% for RJF.
Is HSBC or RJF safer?
RJF has the higher dividend-safety score (99/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.
Is HSBC or RJF better value right now?
As of Oct 31, 2026, HSBC looks like the better value: its fair-value estimate is 75% above its share price (undervalued). For RJF, its fair-value estimate is 8% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.