HSBC vs SDHY: Which Is the Better Dividend Stock?
As of Oct 31, 2026, HSBC (HSBC Holdings plc) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. SDHY offers the higher yield at 8.49%, SDHY 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 SDHY
Data as of · Source: SmarterDividends data
- As of Oct 31, 2026, PGIM Short Duration High Yield Opportunities Fund (SDHY) has the higher forward dividend yield at 8.49%, versus 4.39% for HSBC Holdings plc (HSBC).
- As of Oct 31, 2026, SmarterDividends grades HSBC's dividend safety B (68/100) and SDHY's B (73/100).
- As of Oct 31, 2026, HSBC pays out 54% of its earnings as dividends and SDHY pays out 199%.
- As of Oct 31, 2026, HSBC's fair-value estimate is 75% above its share price and SDHY's fair-value estimate is 24% below its share price, so HSBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HSBC vs SDHY: Dividend Yield, Safety & Value Compared," updated Oct 31, 2026, https://smarterdividends.com/compare/hsbc-vs-sdhy
| Metric | HSBC | SDHY |
|---|---|---|
| Forward yield | 4.39% | 8.49% |
| Annual dividend | $3.75 | $1.30 |
| Payout ratio | 54% | 199% |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | -13.8% | — |
| 5-yr total return | 209% | -15% |
| Dividend safety score | 68 (B) | 73 (B) |
| Fair value estimate | $149.54 | $11.58 |
| Upside to fair value | +75% | -24% |
| Frequency | quarterly | monthly |
| Market cap | $292.1B | $376.5M |
| P/E ratio | 11.2 | 23.5 |
Higher yield
SDHY
8.49%
Safer dividend
SDHY
Grade B
Faster growth
HSBC
-13.8%
Better value
HSBC
+75% upside
HSBC vs SDHY — FAQ
Is HSBC or SDHY a better dividend stock?
On the data, HSBC wins more head-to-head categories (4 vs 2). SDHY offers the higher yield (8.49%), while SDHY 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 SDHY?
SDHY has the higher forward dividend yield at 8.49%, versus 4.39% for HSBC.
Is HSBC or SDHY safer?
SDHY has the higher dividend-safety score (73/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.
Is HSBC or SDHY 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 SDHY, its fair-value estimate is 24% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.