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
| Metric | BBDC | HSBC |
|---|---|---|
| Forward yield | 12.32% | 3.97% |
| Annual dividend | $1.04 | $3.75 |
| Payout ratio | 127% | 54% |
| Years of growth | 6 yr | 0 yr |
| 5-yr dividend growth | 12.9% | -13.8% |
| 5-yr total return | -22% | 242% |
| Dividend safety score | 45 (D) | 72 (B) |
| Fair value estimate | $12.04 | $135.99 |
| Upside to fair value | +43% | +44% |
| Frequency | quarterly | quarterly |
| Market cap | $883.7M | $323.4B |
| P/E ratio | 10.3 | 13.5 |
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.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


