HSBC vs SMBC: Which Is the Better Dividend Stock?
As of Oct 31, 2026, HSBC and SMBC are closely matched. HSBC offers the higher yield at 4.39%, SMBC 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 SMBC
Data as of · Source: SmarterDividends data
- As of Oct 31, 2026, HSBC Holdings plc (HSBC) has the higher forward dividend yield at 4.39%, versus 1.53% for Southern Missouri Bancorp, Inc. (SMBC).
- As of Oct 31, 2026, SmarterDividends grades HSBC's dividend safety B (68/100) and SMBC's A (99/100).
- By SmarterDividends' count as of Oct 31, 2026, HSBC has raised its dividend for 0 consecutive years and SMBC for 14.
- As of Oct 31, 2026, HSBC pays out 54% of its earnings as dividends and SMBC pays out 16%.
- As of Oct 31, 2026, HSBC's fair-value estimate is 75% above its share price and SMBC's fair-value estimate is 15% above its share price, so HSBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HSBC vs SMBC: Dividend Yield, Safety & Value Compared," updated Oct 31, 2026, https://smarterdividends.com/compare/hsbc-vs-smbc
| Metric | HSBC | SMBC |
|---|---|---|
| Forward yield | 4.39% | 1.53% |
| Annual dividend | $3.75 | $1.08 |
| Payout ratio | 54% | 16% |
| Years of growth | 0 yr | 14 yr |
| 5-yr dividend growth | -13.8% | 9.9% |
| 5-yr total return | 209% | 32% |
| Dividend safety score | 68 (B) | 99 (A) |
| Fair value estimate | $149.54 | $81.04 |
| Upside to fair value | +75% | +15% |
| Frequency | quarterly | quarterly |
| Market cap | $292.1B | $778.6M |
| P/E ratio | 11.2 | 10.4 |
Higher yield
HSBC
4.39%
Safer dividend
SMBC
Grade A
Faster growth
SMBC
9.9%
Better value
HSBC
+75% upside
HSBC vs SMBC — FAQ
Is HSBC or SMBC a better dividend stock?
HSBC and SMBC are closely matched. HSBC has the higher yield; SMBC scores better on safety.
Which has a higher dividend yield, HSBC or SMBC?
HSBC has the higher forward dividend yield at 4.39%, versus 1.53% for SMBC.
Is HSBC or SMBC safer?
SMBC has the higher dividend-safety score (99/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.
Is HSBC or SMBC 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 SMBC, its fair-value estimate is 15% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.