SmarterDividends

HSBC vs SPMC: Which Is the Better Dividend Stock?

As of Oct 27, 2026, SPMC (Sound Point Meridian Capital, Inc.) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. SPMC offers the higher yield at 23.84%, HSBC has the higher dividend-safety score.

Key facts: HSBC vs SPMC

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Sound Point Meridian Capital, Inc. (SPMC) has the higher forward dividend yield at 23.84%, versus 4.11% for HSBC Holdings plc (HSBC).
  • As of Oct 27, 2026, SmarterDividends grades HSBC's dividend safety B (72/100) and SPMC's D (42/100).
Cite this page

SmarterDividends, "HSBC vs SPMC: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/hsbc-vs-spmc

MetricHSBCSPMC
Forward yield4.11%23.84%
Annual dividend$3.75$1.33
Payout ratio54%0%
Years of growth0 yr1 yr
5-yr dividend growth-13.8%—
5-yr total return228%—
Dividend safety score72 (B)42 (D)
Fair value estimate$137.57—
Upside to fair value+51%—
Frequencyquarterlymonthly
Market cap$311.9B$114.6M
P/E ratio13.0—

Higher yield

SPMC

23.84%

Safer dividend

HSBC

Grade B

Faster growth

HSBC

-13.8%

HSBC vs SPMC — FAQ

Is HSBC or SPMC a better dividend stock?

On the data, SPMC wins more head-to-head categories (3 vs 2). SPMC offers the higher yield (23.84%), while HSBC 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 SPMC?

SPMC has the higher forward dividend yield at 23.84%, versus 4.11% for HSBC.

Is HSBC or SPMC safer?

HSBC has the higher dividend-safety score (72/100 vs 42/100), reflecting stronger payout coverage and dividend-growth history.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.