HSBC vs ZION: Which Is the Better Dividend Stock?
As of August 2026, HSBC and ZION are closely matched. HSBC offers the higher yield at 3.60%, ZION has the higher dividend-safety score, and HSBC trades at the larger discount to fair value (+30%).
| Metric | HSBC | ZION |
|---|---|---|
| Forward yield | 3.60% | 2.82% |
| Annual dividend | $3.75 | $1.92 |
| Payout ratio | 54% | 23% |
| Years of growth | 0 yr | 13 yr |
| 5-yr dividend growth | -13.8% | 5.3% |
| 5-yr total return | 298% | 10% |
| Dividend safety score | 72 (B) | 90 (A) |
| Fair value estimate | $135.81 | $51.64 |
| Upside to fair value | +30% | -24% |
| Frequency | quarterly | quarterly |
| Market cap | $357.0B | $9.9B |
| P/E ratio | 14.9 | 8.7 |
Higher yield
HSBC
3.60%
Safer dividend
ZION
Grade A
Faster growth
ZION
5.3%
Better value
HSBC
+30% upside
HSBC vs ZION — FAQ
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