HSBC vs WBKCY: Which Is the Better Dividend Stock?
As of Nov 5, 2026, HSBC (HSBC Holdings plc) screens as the stronger dividend stock, winning 3 of 4 head-to-head metrics. HSBC offers the higher yield at 2.24%, HSBC has the higher dividend-safety score, and HSBC looks like the better value (its fair-value estimate is 65% above its share price).
Key facts: HSBC vs WBKCY
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, HSBC Holdings plc (HSBC) has the higher forward dividend yield at 2.24%, versus 2.00% for Westpac Banking Corporation (WBKCY).
- As of Nov 5, 2026, HSBC pays out 54% of its earnings as dividends and WBKCY pays out 39%.
- As of Nov 5, 2026, HSBC's fair-value estimate is 65% above its share price and WBKCY's fair-value estimate is 43% below its share price, so HSBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HSBC vs WBKCY: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/hsbc-vs-wbkcy
| Metric | HSBC | WBKCY |
|---|---|---|
| Forward yield | 2.24% | 2.00% |
| Annual dividend | $2.00 | $0.27 |
| Payout ratio | 54% | 39% |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | -13.8% | — |
| 5-yr total return | 209% | — |
| Dividend safety score | 68 (B) | — |
| Fair value estimate | $145.65 | $7.60 |
| Upside to fair value | +65% | -43% |
| Frequency | quarterly | annual |
| Market cap | $301.5B | $90.8B |
| P/E ratio | 11.5 | 19.3 |
Higher yield
HSBC
2.24%
Safer dividend
HSBC
Grade B
Faster growth
HSBC
-13.8%
Better value
HSBC
+65% upside
HSBC vs WBKCY — FAQ
Is HSBC or WBKCY a better dividend stock?
On the data, HSBC wins more head-to-head categories (3 vs 1). HSBC offers the higher yield (2.24%), 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 WBKCY?
HSBC has the higher forward dividend yield at 2.24%, versus 2.00% for WBKCY.
Is HSBC or WBKCY safer?
Compare each stock's payout ratio, growth streak and cut history on its detail page to judge safety.
Is HSBC or WBKCY better value right now?
As of Nov 5, 2026, HSBC looks like the better value: its fair-value estimate is 65% above its share price (undervalued). For WBKCY, its fair-value estimate is 43% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.