HSBC vs SPXX: Which Is the Better Dividend Stock?
As of September 2026, SPXX (Nuveen S&P 500 Dynamic Overwrite Fund) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. SPXX offers the higher yield at 8.83%, HSBC has the higher dividend-safety score, and SPXX trades at the larger discount to fair value (+59%).
| Metric | HSBC | SPXX |
|---|---|---|
| Forward yield | 3.50% | 8.83% |
| Annual dividend | $3.75 | $1.69 |
| Payout ratio | 54% | 37% |
| Years of growth | 0 yr | 2 yr |
| 5-yr dividend growth | -13.8% | 6.2% |
| 5-yr total return | 310% | 12% |
| Dividend safety score | 72 (B) | 68 (B) |
| Fair value estimate | $136.26 | $30.38 |
| Upside to fair value | +27% | +59% |
| Frequency | quarterly | quarterly |
| Market cap | $366.9B | $343.2M |
| P/E ratio | 15.3 | 4.9 |
Higher yield
SPXX
8.83%
Safer dividend
HSBC
Grade B
Faster growth
SPXX
6.2%
Better value
SPXX
+59% upside
HSBC vs SPXX — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.