HSBC vs WABC: Which Is the Better Dividend Stock?
As of Oct 31, 2026, HSBC and WABC are closely matched. HSBC offers the higher yield at 4.39%, WABC 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 WABC
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 3.16% for Westamerica Bancorporation (WABC).
- As of Oct 31, 2026, SmarterDividends grades HSBC's dividend safety B (68/100) and WABC's A (98/100).
- By SmarterDividends' count as of Oct 31, 2026, HSBC has raised its dividend for 0 consecutive years and WABC for 36.
- As of Oct 31, 2026, HSBC pays out 54% of its earnings as dividends and WABC pays out 41%.
- As of Oct 31, 2026, HSBC's fair-value estimate is 75% above its share price and WABC's fair-value estimate is 2% above its share price, so HSBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HSBC vs WABC: Dividend Yield, Safety & Value Compared," updated Oct 31, 2026, https://smarterdividends.com/compare/hsbc-vs-wabc
| Metric | HSBC | WABC |
|---|---|---|
| Forward yield | 4.39% | 3.16% |
| Annual dividend | $3.75 | $1.92 |
| Payout ratio | 54% | 41% |
| Years of growth | 0 yr | 36 yr |
| 5-yr dividend growth | -13.8% | 2.1% |
| 5-yr total return | 209% | 13% |
| Dividend safety score | 68 (B) | 98 (A) |
| Fair value estimate | $149.54 | $61.71 |
| Upside to fair value | +75% | +2% |
| Frequency | quarterly | quarterly |
| Market cap | $292.1B | $1.4B |
| P/E ratio | 11.2 | 13.4 |
Higher yield
HSBC
4.39%
Safer dividend
WABC
Grade A
Faster growth
WABC
2.1%
Better value
HSBC
+75% upside
HSBC vs WABC — FAQ
Is HSBC or WABC a better dividend stock?
HSBC and WABC are closely matched. HSBC has the higher yield; WABC scores better on safety.
Which has a higher dividend yield, HSBC or WABC?
HSBC has the higher forward dividend yield at 4.39%, versus 3.16% for WABC.
Is HSBC or WABC safer?
WABC has the higher dividend-safety score (98/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.
Is HSBC or WABC 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 WABC, its fair-value estimate is 2% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.