SmarterDividends

HSBC vs RNP: Which Is the Better Dividend Stock?

As of Nov 10, 2026, HSBC (HSBC Holdings plc) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. RNP offers the higher yield at 8.41%, RNP has the higher dividend-safety score, and HSBC looks like the better value (its fair-value estimate is 35% above its share price).

Key facts: HSBC vs RNP

Data as of · Source: SmarterDividends data

  • As of Nov 10, 2026, Cohen & Steers REIT and Preferred Income Fund, Inc. (RNP) has the higher forward dividend yield at 8.41%, versus 2.22% for HSBC Holdings plc (HSBC).
  • As of Nov 10, 2026, SmarterDividends grades HSBC's dividend safety B (72/100) and RNP's B (73/100).
  • As of Nov 10, 2026, HSBC pays out 54% of its earnings as dividends and RNP pays out 69%.
  • As of Nov 10, 2026, HSBC's fair-value estimate is 35% above its share price and RNP's fair-value estimate is 20% above its share price, so HSBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "HSBC vs RNP: Dividend Yield, Safety & Value Compared," updated Nov 10, 2026, https://smarterdividends.com/compare/hsbc-vs-rnp

MetricHSBCRNP
Forward yield2.22%8.41%
Annual dividend$2.00$1.63
Payout ratio54%69%
Years of growth0 yr0 yr
5-yr dividend growth-13.8%1.9%
5-yr total return215%-29%
Dividend safety score72 (B)73 (B)
Fair value estimate$122.15$23.31
Upside to fair value+35%+20%
Frequencyquarterlymonthly
Market cap$308.5B$931.7M
P/E ratio11.88.2

Higher yield

RNP

8.41%

Safer dividend

RNP

Grade B

Faster growth

RNP

1.9%

Better value

HSBC

+35% upside

HSBC vs RNP — FAQ

Is HSBC or RNP a better dividend stock?

On the data, HSBC wins more head-to-head categories (4 vs 3). RNP offers the higher yield (8.41%), while RNP has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, HSBC or RNP?

RNP has the higher forward dividend yield at 8.41%, versus 2.22% for HSBC.

Is HSBC or RNP safer?

RNP has the higher dividend-safety score (73/100 vs 72/100), reflecting stronger payout coverage and dividend-growth history.

Is HSBC or RNP better value right now?

As of Nov 10, 2026, HSBC looks like the better value: its fair-value estimate is 35% above its share price (undervalued). For RNP, its fair-value estimate is 20% above its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.