SmarterDividends

HSBC vs WD: Which Is the Better Dividend Stock?

As of August 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 6.68%, HSBC has the higher dividend-safety score, and HSBC trades at the larger discount to fair value (+31%).

MetricHSBCWD
Forward yield3.61%6.68%
Annual dividend$3.75$2.72
Payout ratio54%241%
Years of growth0 yr7 yr
5-yr dividend growth-13.8%13.2%
5-yr total return297%-63%
Dividend safety score72 (B)62 (C)
Fair value estimate$136.28$42.35
Upside to fair value+31%-0%
Frequencyquarterlyquarterly
Market cap$353.7B$1.4B
P/E ratio14.835.5

Higher yield

WD

6.68%

Safer dividend

HSBC

Grade B

Faster growth

WD

13.2%

Better value

HSBC

+31% upside

HSBC vs WD — FAQ

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