SmarterDividends

BBDC vs HSBC: Which Is the Better Dividend Stock?

As of Oct 18, 2026, HSBC (HSBC Holdings plc) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. BBDC offers the higher yield at 12.32%, HSBC has the higher dividend-safety score, and HSBC looks like the better value (its fair-value estimate is 44% above its share price).

Key facts: BBDC vs HSBC

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Barings BDC, Inc. (BBDC) has the higher forward dividend yield at 12.32%, versus 3.97% for HSBC Holdings plc (HSBC).
  • As of Oct 18, 2026, SmarterDividends grades BBDC's dividend safety D (45/100) and HSBC's B (72/100).
  • By SmarterDividends' count as of Oct 18, 2026, BBDC has raised its dividend for 6 consecutive years and HSBC for 0.
  • As of Oct 18, 2026, BBDC pays out 127% of its earnings as dividends and HSBC pays out 54%.
  • As of Oct 18, 2026, BBDC's fair-value estimate is 43% above its share price and HSBC's fair-value estimate is 44% above its share price, so HSBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "BBDC vs HSBC: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/bbdc-vs-hsbc

MetricBBDCHSBC
Forward yield12.32%3.97%
Annual dividend$1.04$3.75
Payout ratio127%54%
Years of growth6 yr0 yr
5-yr dividend growth12.9%-13.8%
5-yr total return-22%242%
Dividend safety score45 (D)72 (B)
Fair value estimate$12.04$135.99
Upside to fair value+43%+44%
Frequencyquarterlyquarterly
Market cap$883.7M$323.4B
P/E ratio10.313.5

Higher yield

BBDC

12.32%

Safer dividend

HSBC

Grade B

Faster growth

BBDC

12.9%

Better value

HSBC

+44% upside

BBDC vs HSBC — FAQ

Is BBDC or HSBC a better dividend stock?

On the data, HSBC wins more head-to-head categories (5 vs 3). BBDC offers the higher yield (12.32%), while HSBC has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, BBDC or HSBC?

BBDC has the higher forward dividend yield at 12.32%, versus 3.97% for HSBC.

Is BBDC or HSBC safer?

HSBC has the higher dividend-safety score (72/100 vs 45/100), reflecting stronger payout coverage and dividend-growth history.

Is BBDC or HSBC better value right now?

As of Oct 18, 2026, HSBC looks like the better value: its fair-value estimate is 44% above its share price (undervalued). For BBDC, its fair-value estimate is 43% above its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.