HSBC vs RWAY: Which Is the Better Dividend Stock?
As of Oct 22, 2026, HSBC (HSBC Holdings plc) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. RWAY offers the higher yield at 20.99%, HSBC has the higher dividend-safety score, and RWAY looks like the better value (its fair-value estimate is 238% above its share price).
Key facts: HSBC vs RWAY
Data as of · Source: SmarterDividends data
- As of Oct 22, 2026, Runway Growth Finance Corp. (RWAY) has the higher forward dividend yield at 20.99%, versus 3.99% for HSBC Holdings plc (HSBC).
- As of Oct 22, 2026, SmarterDividends grades HSBC's dividend safety B (72/100) and RWAY's D (37/100).
- As of Oct 22, 2026, HSBC's fair-value estimate is 45% above its share price and RWAY's fair-value estimate is 238% above its share price, so RWAY looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HSBC vs RWAY: Dividend Yield, Safety & Value Compared," updated Oct 22, 2026, https://smarterdividends.com/compare/hsbc-vs-rway
| Metric | HSBC | RWAY |
|---|---|---|
| Forward yield | 3.99% | 20.99% |
| Annual dividend | $3.75 | $1.32 |
| Payout ratio | 54% | 563% |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | -13.8% | — |
| 5-yr total return | 242% | -55% |
| Dividend safety score | 72 (B) | 37 (D) |
| Fair value estimate | $135.99 | $21.25 |
| Upside to fair value | +45% | +238% |
| Frequency | quarterly | quarterly |
| Market cap | $321.1B | $263.6M |
| P/E ratio | 13.4 | 26.2 |
Higher yield
RWAY
20.99%
Safer dividend
HSBC
Grade B
Faster growth
HSBC
-13.8%
Better value
RWAY
+238% upside
HSBC vs RWAY — FAQ
Is HSBC or RWAY a better dividend stock?
On the data, HSBC wins more head-to-head categories (4 vs 2). RWAY offers the higher yield (20.99%), while HSBC 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 RWAY?
RWAY has the higher forward dividend yield at 20.99%, versus 3.99% for HSBC.
Is HSBC or RWAY safer?
HSBC has the higher dividend-safety score (72/100 vs 37/100), reflecting stronger payout coverage and dividend-growth history.
Is HSBC or RWAY better value right now?
As of Oct 22, 2026, RWAY looks like the better value: its fair-value estimate is 238% above its share price (undervalued). For HSBC, its fair-value estimate is 45% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.