HSBC vs ZION: Which Is the Better Dividend Stock?
As of September 2026, ZION (Zions Bancorporation, National Association) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. HSBC offers the higher yield at 3.50%, ZION has the higher dividend-safety score, and ZION trades at the larger discount to fair value (+137%).
| Metric | HSBC | ZION |
|---|---|---|
| Forward yield | 3.50% | 2.77% |
| 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 | 310% | 12% |
| Dividend safety score | 72 (B) | 90 (A) |
| Fair value estimate | $136.26 | $164.31 |
| Upside to fair value | +27% | +137% |
| Frequency | quarterly | quarterly |
| Market cap | $366.9B | $10.1B |
| P/E ratio | 15.3 | 8.8 |
Higher yield
HSBC
3.50%
Safer dividend
ZION
Grade A
Faster growth
ZION
5.3%
Better value
ZION
+137% upside
HSBC vs ZION — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.