HSBC vs ZIONP: Which Is the Better Dividend Stock?
As of Oct 18, 2026, HSBC and ZIONP are closely matched. ZIONP offers the higher yield at 6.98%, HSBC has the higher dividend-safety score, and ZIONP looks like the better value (its fair-value estimate is 84% above its share price).
Key facts: HSBC vs ZIONP
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Zions Bancorporation, National Association (ZIONP) has the higher forward dividend yield at 6.98%, versus 3.97% for HSBC Holdings plc (HSBC).
- As of Oct 18, 2026, SmarterDividends grades HSBC's dividend safety B (72/100) and ZIONP's C (56/100).
- As of Oct 18, 2026, HSBC's fair-value estimate is 44% above its share price and ZIONP's fair-value estimate is 84% above its share price, so ZIONP looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HSBC vs ZIONP: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/hsbc-vs-zionp
| Metric | HSBC | ZIONP |
|---|---|---|
| Forward yield | 3.97% | 6.98% |
| Annual dividend | $3.75 | $1.19 |
| Payout ratio | 54% | — |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | -13.8% | 5.4% |
| 5-yr total return | 242% | -32% |
| Dividend safety score | 72 (B) | 56 (C) |
| Fair value estimate | $135.99 | $31.39 |
| Upside to fair value | +44% | +84% |
| Frequency | quarterly | quarterly |
| Market cap | $323.4B | — |
| P/E ratio | 13.5 | 2.8 |
Higher yield
ZIONP
6.98%
Safer dividend
HSBC
Grade B
Faster growth
ZIONP
5.4%
Better value
ZIONP
+84% upside
HSBC vs ZIONP — FAQ
Is HSBC or ZIONP a better dividend stock?
HSBC and ZIONP are closely matched. ZIONP has the higher yield; HSBC scores better on safety.
Which has a higher dividend yield, HSBC or ZIONP?
ZIONP has the higher forward dividend yield at 6.98%, versus 3.97% for HSBC.
Is HSBC or ZIONP safer?
HSBC has the higher dividend-safety score (72/100 vs 56/100), reflecting stronger payout coverage and dividend-growth history.
Is HSBC or ZIONP better value right now?
As of Oct 18, 2026, ZIONP looks like the better value: its fair-value estimate is 84% above its share price (undervalued). For HSBC, its fair-value estimate is 44% above its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.