HSBC vs SCHW: Which Is the Better Dividend Stock?
As of Nov 5, 2026, HSBC and SCHW are closely matched. HSBC offers the higher yield at 2.24%, SCHW has the higher dividend-safety score, and HSBC looks like the better value (its fair-value estimate is 65% above its share price).
Key facts: HSBC vs SCHW
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, HSBC Holdings plc (HSBC) has the higher forward dividend yield at 2.24%, versus 1.37% for The Charles Schwab Corporation (SCHW).
- As of Nov 5, 2026, SmarterDividends grades HSBC's dividend safety B (68/100) and SCHW's A (93/100).
- As of Nov 5, 2026, HSBC pays out 54% of its earnings as dividends and SCHW pays out 21%.
- As of Nov 5, 2026, HSBC's fair-value estimate is 65% above its share price and SCHW's fair-value estimate is 4% below its share price, so HSBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HSBC vs SCHW: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/hsbc-vs-schw
| Metric | HSBC | SCHW |
|---|---|---|
| Forward yield | 2.24% | 1.37% |
| Annual dividend | $2.00 | $1.28 |
| Payout ratio | 54% | 21% |
| Years of growth | 0 yr | 1 yr |
| 5-yr dividend growth | -13.8% | 8.4% |
| 5-yr total return | 209% | 14% |
| Dividend safety score | 68 (B) | 93 (A) |
| Fair value estimate | $145.65 | $88.72 |
| Upside to fair value | +65% | -4% |
| Frequency | quarterly | quarterly |
| Market cap | $301.5B | $160.6B |
| P/E ratio | 11.5 | 15.9 |
Higher yield
HSBC
2.24%
Safer dividend
SCHW
Grade A
Faster growth
SCHW
8.4%
Better value
HSBC
+65% upside
HSBC vs SCHW — FAQ
Is HSBC or SCHW a better dividend stock?
HSBC and SCHW are closely matched. HSBC has the higher yield; SCHW scores better on safety.
Which has a higher dividend yield, HSBC or SCHW?
HSBC has the higher forward dividend yield at 2.24%, versus 1.37% for SCHW.
Is HSBC or SCHW safer?
SCHW has the higher dividend-safety score (93/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.
Is HSBC or SCHW better value right now?
As of Nov 5, 2026, HSBC looks like the better value: its fair-value estimate is 65% above its share price (undervalued). For SCHW, its fair-value estimate is 4% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.