HSBC vs SPGI: Which Is the Better Dividend Stock?
As of Oct 31, 2026, SPGI (S&P Global Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. HSBC offers the higher yield at 4.39%, SPGI 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 SPGI
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 0.83% for S&P Global Inc. (SPGI).
- As of Oct 31, 2026, SmarterDividends grades HSBC's dividend safety B (68/100) and SPGI's A (98/100).
- By SmarterDividends' count as of Oct 31, 2026, HSBC has raised its dividend for 0 consecutive years and SPGI for 20.
- As of Oct 31, 2026, HSBC pays out 54% of its earnings as dividends and SPGI pays out 22%.
- As of Oct 31, 2026, HSBC's fair-value estimate is 75% above its share price and SPGI's fair-value estimate is 6% below its share price, so HSBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HSBC vs SPGI: Dividend Yield, Safety & Value Compared," updated Oct 31, 2026, https://smarterdividends.com/compare/hsbc-vs-spgi
| Metric | HSBC | SPGI |
|---|---|---|
| Forward yield | 4.39% | 0.83% |
| Annual dividend | $3.75 | $3.88 |
| Payout ratio | 54% | 22% |
| Years of growth | 0 yr | 20 yr |
| 5-yr dividend growth | -13.8% | 7.5% |
| 5-yr total return | 209% | 8% |
| Dividend safety score | 68 (B) | 98 (A) |
| Fair value estimate | $149.54 | $437.33 |
| Upside to fair value | +75% | -6% |
| Frequency | quarterly | quarterly |
| Market cap | $292.1B | $135.3B |
| P/E ratio | 11.2 | 27.9 |
Higher yield
HSBC
4.39%
Safer dividend
SPGI
Grade A
Faster growth
SPGI
7.5%
Better value
HSBC
+75% upside
HSBC vs SPGI — FAQ
Is HSBC or SPGI a better dividend stock?
On the data, SPGI wins more head-to-head categories (5 vs 3). HSBC offers the higher yield (4.39%), while SPGI 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 SPGI?
HSBC has the higher forward dividend yield at 4.39%, versus 0.83% for SPGI.
Is HSBC or SPGI safer?
SPGI has the higher dividend-safety score (98/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.
Is HSBC or SPGI 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 SPGI, its fair-value estimate is 6% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.