HSBC vs SLMBP: Which Is the Better Dividend Stock?
As of Oct 18, 2026, HSBC and SLMBP are closely matched. SLMBP offers the higher yield at 8.10%, HSBC has the higher dividend-safety score, and HSBC looks like the better value (its fair-value estimate is 44% above its share price).
Key facts: HSBC vs SLMBP
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, SLM Corporation (SLMBP) has the higher forward dividend yield at 8.10%, versus 3.97% for HSBC Holdings plc (HSBC).
- As of Oct 18, 2026, SmarterDividends grades HSBC's dividend safety B (72/100) and SLMBP's C (50/100).
- As of Oct 18, 2026, HSBC's fair-value estimate is 44% above its share price and SLMBP'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 SLMBP: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/hsbc-vs-slmbp
| Metric | HSBC | SLMBP |
|---|---|---|
| Forward yield | 3.97% | 8.10% |
| Annual dividend | $3.75 | $5.81 |
| Payout ratio | 54% | — |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | -13.8% | 19.6% |
| 5-yr total return | 242% | 19% |
| Dividend safety score | 72 (B) | 50 (C) |
| Fair value estimate | $135.99 | $77.36 |
| Upside to fair value | +44% | +8% |
| Frequency | quarterly | quarterly |
| Market cap | $323.4B | — |
| P/E ratio | 13.5 | 33.5 |
Higher yield
SLMBP
8.10%
Safer dividend
HSBC
Grade B
Faster growth
SLMBP
19.6%
Better value
HSBC
+44% upside
HSBC vs SLMBP — FAQ
Is HSBC or SLMBP a better dividend stock?
HSBC and SLMBP are closely matched. SLMBP has the higher yield; HSBC scores better on safety.
Which has a higher dividend yield, HSBC or SLMBP?
SLMBP has the higher forward dividend yield at 8.10%, versus 3.97% for HSBC.
Is HSBC or SLMBP safer?
HSBC has the higher dividend-safety score (72/100 vs 50/100), reflecting stronger payout coverage and dividend-growth history.
Is HSBC or SLMBP better value right now?
As of Oct 18, 2026, HSBC looks like the better value: its fair-value estimate is 44% above its share price (undervalued). For SLMBP, its fair-value estimate is 8% above its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.