SmarterDividends

HSBC vs WASH: Which Is the Better Dividend Stock?

As of Oct 18, 2026, WASH (Washington Trust Bancorp, Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. WASH offers the higher yield at 6.05%, WASH has the higher dividend-safety score, and WASH looks like the better value (its fair-value estimate is 87% above its share price).

Key facts: HSBC vs WASH

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Washington Trust Bancorp, Inc. (WASH) has the higher forward dividend yield at 6.05%, versus 3.97% for HSBC Holdings plc (HSBC).
  • As of Oct 18, 2026, SmarterDividends grades HSBC's dividend safety B (72/100) and WASH's A (92/100).
  • As of Oct 18, 2026, HSBC pays out 54% of its earnings as dividends and WASH pays out 78%.
  • As of Oct 18, 2026, HSBC's fair-value estimate is 44% above its share price and WASH's fair-value estimate is 87% above its share price, so WASH looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "HSBC vs WASH: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/hsbc-vs-wash

MetricHSBCWASH
Forward yield3.97%6.05%
Annual dividend$3.75$2.24
Payout ratio54%78%
Years of growth0 yr0 yr
5-yr dividend growth-13.8%1.8%
5-yr total return242%-31%
Dividend safety score72 (B)92 (A)
Fair value estimate$135.99$69.26
Upside to fair value+44%+87%
Frequencyquarterlyquarterly
Market cap$323.4B$706.9M
P/E ratio13.512.9

Higher yield

WASH

6.05%

Safer dividend

WASH

Grade A

Faster growth

WASH

1.8%

Better value

WASH

+87% upside

HSBC vs WASH — FAQ

Is HSBC or WASH a better dividend stock?

On the data, WASH wins more head-to-head categories (4 vs 3). WASH offers the higher yield (6.05%), while WASH 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 WASH?

WASH has the higher forward dividend yield at 6.05%, versus 3.97% for HSBC.

Is HSBC or WASH safer?

WASH has the higher dividend-safety score (92/100 vs 72/100), reflecting stronger payout coverage and dividend-growth history.

Is HSBC or WASH better value right now?

As of Oct 18, 2026, WASH looks like the better value: its fair-value estimate is 87% above its share price (undervalued). For HSBC, its fair-value estimate is 44% above its share price.

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