HSBC vs WAFDP: Which Is the Better Dividend Stock?
As of Oct 18, 2026, WAFDP (WaFd, Inc.) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. WAFDP offers the higher yield at 8.12%, WAFDP has the higher dividend-safety score, and WAFDP looks like the better value (its fair-value estimate is 106% above its share price).
Key facts: HSBC vs WAFDP
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, WaFd, Inc. (WAFDP) has the higher forward dividend yield at 8.12%, versus 3.97% for HSBC Holdings plc (HSBC).
- As of Oct 18, 2026, SmarterDividends grades HSBC's dividend safety B (72/100) and WAFDP's B (75/100).
- As of Oct 18, 2026, HSBC's fair-value estimate is 44% above its share price and WAFDP's fair-value estimate is 106% above its share price, so WAFDP looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HSBC vs WAFDP: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/hsbc-vs-wafdp
| Metric | HSBC | WAFDP |
|---|---|---|
| Forward yield | 3.97% | 8.12% |
| Annual dividend | $3.75 | $1.22 |
| Payout ratio | 54% | — |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | -13.8% | — |
| 5-yr total return | 242% | -41% |
| Dividend safety score | 72 (B) | 75 (B) |
| Fair value estimate | $135.99 | $30.89 |
| Upside to fair value | +44% | +106% |
| Frequency | quarterly | quarterly |
| Market cap | $323.4B | — |
| P/E ratio | 13.5 | 5.5 |
Higher yield
WAFDP
8.12%
Safer dividend
WAFDP
Grade B
Faster growth
HSBC
-13.8%
Better value
WAFDP
+106% upside
HSBC vs WAFDP — FAQ
Is HSBC or WAFDP a better dividend stock?
On the data, WAFDP wins more head-to-head categories (3 vs 2). WAFDP offers the higher yield (8.12%), while WAFDP 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 WAFDP?
WAFDP has the higher forward dividend yield at 8.12%, versus 3.97% for HSBC.
Is HSBC or WAFDP safer?
WAFDP has the higher dividend-safety score (75/100 vs 72/100), reflecting stronger payout coverage and dividend-growth history.
Is HSBC or WAFDP better value right now?
As of Oct 18, 2026, WAFDP looks like the better value: its fair-value estimate is 106% above its share price (undervalued). For HSBC, its fair-value estimate is 44% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.