HSBC vs WF: Which Is the Better Dividend Stock?
As of Nov 5, 2026, WF (Woori Financial Group Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. WF offers the higher yield at 4.17%, 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 WF
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Woori Financial Group Inc. (WF) has the higher forward dividend yield at 4.17%, versus 2.24% for HSBC Holdings plc (HSBC).
- As of Nov 5, 2026, SmarterDividends grades HSBC's dividend safety B (68/100) and WF's C (54/100).
- As of Nov 5, 2026, HSBC pays out 54% of its earnings as dividends and WF pays out 33%.
- As of Nov 5, 2026, HSBC's fair-value estimate is 65% above its share price and WF's fair-value estimate is 4% above its share price, so HSBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HSBC vs WF: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/hsbc-vs-wf
| Metric | HSBC | WF |
|---|---|---|
| Forward yield | 2.24% | 4.17% |
| Annual dividend | $2.00 | $2.87 |
| Payout ratio | 54% | 33% |
| Years of growth | 0 yr | 1 yr |
| 5-yr dividend growth | -13.8% | — |
| 5-yr total return | 209% | 110% |
| Dividend safety score | 68 (B) | 54 (C) |
| Fair value estimate | $145.65 | $71.56 |
| Upside to fair value | +65% | +4% |
| Frequency | quarterly | quarterly |
| Market cap | $301.5B | $16.8B |
| P/E ratio | 11.5 | 8.0 |
Higher yield
WF
4.17%
Safer dividend
HSBC
Grade B
Faster growth
HSBC
-13.8%
Better value
HSBC
+65% upside
HSBC vs WF — FAQ
Is HSBC or WF a better dividend stock?
On the data, WF wins more head-to-head categories (4 vs 3). WF offers the higher yield (4.17%), 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 WF?
WF has the higher forward dividend yield at 4.17%, versus 2.24% for HSBC.
Is HSBC or WF safer?
HSBC has the higher dividend-safety score (68/100 vs 54/100), reflecting stronger payout coverage and dividend-growth history.
Is HSBC or WF 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 WF, its fair-value estimate is 4% above its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.