HSBC vs WDI: Which Is the Better Dividend Stock?
As of Oct 27, 2026, HSBC (HSBC Holdings plc) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. WDI offers the higher yield at 15.66%, HSBC has the higher dividend-safety score, and WDI looks like the better value (its fair-value estimate is 118% above its share price).
Key facts: HSBC vs WDI
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Western Asset Diversified Income Fund (WDI) has the higher forward dividend yield at 15.66%, versus 4.11% for HSBC Holdings plc (HSBC).
- As of Oct 27, 2026, SmarterDividends grades HSBC's dividend safety B (72/100) and WDI's C (65/100).
- By SmarterDividends' count as of Oct 27, 2026, HSBC has raised its dividend for 0 consecutive years and WDI for 4.
- As of Oct 27, 2026, HSBC pays out 54% of its earnings as dividends and WDI pays out 164%.
- As of Oct 27, 2026, HSBC's fair-value estimate is 51% above its share price and WDI's fair-value estimate is 118% above its share price, so WDI looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HSBC vs WDI: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/hsbc-vs-wdi
| Metric | HSBC | WDI |
|---|---|---|
| Forward yield | 4.11% | 15.66% |
| Annual dividend | $3.75 | $1.78 |
| Payout ratio | 54% | 164% |
| Years of growth | 0 yr | 4 yr |
| 5-yr dividend growth | -13.8% | — |
| 5-yr total return | 228% | -38% |
| Dividend safety score | 72 (B) | 65 (C) |
| Fair value estimate | $137.57 | $24.79 |
| Upside to fair value | +51% | +118% |
| Frequency | quarterly | monthly |
| Market cap | $311.9B | $590.8M |
| P/E ratio | 13.0 | 10.4 |
Higher yield
WDI
15.66%
Safer dividend
HSBC
Grade B
Faster growth
HSBC
-13.8%
Better value
WDI
+118% upside
HSBC vs WDI — FAQ
Is HSBC or WDI a better dividend stock?
On the data, HSBC wins more head-to-head categories (4 vs 3). WDI offers the higher yield (15.66%), 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 WDI?
WDI has the higher forward dividend yield at 15.66%, versus 4.11% for HSBC.
Is HSBC or WDI safer?
HSBC has the higher dividend-safety score (72/100 vs 65/100), reflecting stronger payout coverage and dividend-growth history.
Is HSBC or WDI better value right now?
As of Oct 27, 2026, WDI looks like the better value: its fair-value estimate is 118% above its share price (undervalued). For HSBC, its fair-value estimate is 51% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.