HSBC vs WD: Which Is the Better Dividend Stock?
As of Oct 18, 2026, HSBC (HSBC Holdings plc) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. WD offers the higher yield at 8.33%, HSBC has the higher dividend-safety score, and HSBC looks like the better value (its fair-value estimate is 44% above its share price).
Key facts: HSBC vs WD
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Walker & Dunlop, Inc. (WD) has the higher forward dividend yield at 8.33%, versus 3.97% for HSBC Holdings plc (HSBC).
- As of Oct 18, 2026, SmarterDividends grades HSBC's dividend safety B (72/100) and WD's C (64/100).
- By SmarterDividends' count as of Oct 18, 2026, HSBC has raised its dividend for 0 consecutive years and WD for 7.
- As of Oct 18, 2026, HSBC pays out 54% of its earnings as dividends and WD pays out 241%.
- As of Oct 18, 2026, HSBC's fair-value estimate is 44% above its share price and WD's fair-value estimate is 15% above its share price, so HSBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HSBC vs WD: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/hsbc-vs-wd
| Metric | HSBC | WD |
|---|---|---|
| Forward yield | 3.97% | 8.33% |
| Annual dividend | $3.75 | $2.72 |
| Payout ratio | 54% | 241% |
| Years of growth | 0 yr | 7 yr |
| 5-yr dividend growth | -13.8% | 13.2% |
| 5-yr total return | 242% | -77% |
| Dividend safety score | 72 (B) | 64 (C) |
| Fair value estimate | $135.99 | $37.43 |
| Upside to fair value | +44% | +15% |
| Frequency | quarterly | quarterly |
| Market cap | $323.4B | $1.1B |
| P/E ratio | 13.5 | 29.2 |
Higher yield
WD
8.33%
Safer dividend
HSBC
Grade B
Faster growth
WD
13.2%
Better value
HSBC
+44% upside
HSBC vs WD — FAQ
Is HSBC or WD a better dividend stock?
On the data, HSBC wins more head-to-head categories (5 vs 3). WD offers the higher yield (8.33%), 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 WD?
WD has the higher forward dividend yield at 8.33%, versus 3.97% for HSBC.
Is HSBC or WD safer?
HSBC has the higher dividend-safety score (72/100 vs 64/100), reflecting stronger payout coverage and dividend-growth history.
Is HSBC or WD better value right now?
As of Oct 18, 2026, HSBC looks like the better value: its fair-value estimate is 44% above its share price (undervalued). For WD, its fair-value estimate is 15% above its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.