HSBC Holdings plc
HSBCFinancial Services · Stock · quarterly payer
Forward Yield
3.57%
Annual Dividend
$3.75
Payout Ratio
54%
5-Yr Growth
-13.8%
Ex-Date
Aug 14, 2026
Frequency
Quarterly
Summary
As of September 2026, HSBC Holdings plc (HSBC) yields 3.57% ($3.75 per share annually), with a blended fair-value estimate of $136.35 — +32% upside, so it screens as undervalued. Dividend safety grade: B (72/100).
Is HSBC a good dividend stock?
Yes, with caveatsHSBC Holdings plc (HSBC) pays a quarterly dividend yielding 3.57% ($3.75/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (54%)
- 296% total price return over 5 years
Risks
- Cut its dividend in 2009
- Dividend has been shrinking, not growing
Key Data
- Dividend Yield
- 3.57%
- Payout Ratio
- 54%
- Annual Dividend
- $3.75
- 5-Yr Avg Growth
- -13.8%
- Ex-Dividend Date
- Aug 14, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.58
- Market Cap
- $364.7B
- P/E Ratio
- 15.0
- 5-Yr Total Return
- 296%
- 52-Week Range
- $63.55 – $107.92
- Dividend Safety
- B · 72/100
- Ever Cut?
- Yes (2009)
Frequently Asked Questions
HSBC Price — Last 12 Months
Daily close
Price Return
1 Year
+46%
3 Years
+162%
5 Years
+296%
52-Week Range
$63.55 – $107.92
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is HSBC worth?
Undervaluedmedium confidenceOur blended fair-value estimate for HSBC Holdings plc is $136.35 per share, versus a market price of $103.53. That implies 32% of upside — a margin of safety of about 24%.
Fair Value
$136.35
Current Price
$103.53
Upside
+32%
Margin of Safety
24%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 8.9% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.2% discount rate (CAPM), 8.9% stage-1 growth, 2.5% terminal growth, $7.05 EPS, $3.75 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
HSBC Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 14, 2026 | — | $0.5000 | regular |
| May 15, 2026 | — | $0.5000 | regular |
| Mar 13, 2026 | — | $2.2500 | regular |
| Nov 7, 2025 | — | $0.5000 | regular |
| Aug 15, 2025 | — | $0.5000 | regular |
| May 9, 2025 | — | $0.5000 | regular |
| Mar 7, 2025 | — | $1.8000 | regular |
| Nov 8, 2024 | — | $0.5000 | regular |
| Aug 16, 2024 | — | $0.5000 | regular |
| May 9, 2024 | — | $1.5500 | regular |
| Mar 7, 2024 | — | $1.5500 | regular |
| Nov 9, 2023 | — | $0.5000 | regular |
| Aug 10, 2023 | — | $0.5000 | regular |
| May 11, 2023 | — | $0.5000 | regular |
Income Calculator
At $3.75 / yr per share
