SmarterDividends

BRO vs HBCYF: Which Is the Better Dividend Stock?

As of Nov 8, 2026, BRO (Brown & Brown, Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. HBCYF offers the higher yield at 2.29%, BRO has the higher dividend-safety score, and HBCYF looks like the better value (its fair-value estimate is 40% above its share price).

Key facts: BRO vs HBCYF

Data as of · Source: SmarterDividends data

  • As of Nov 8, 2026, HSBC Holdings plc (HBCYF) has the higher forward dividend yield at 2.29%, versus 0.92% for Brown & Brown, Inc. (BRO).
  • As of Nov 8, 2026, SmarterDividends grades BRO's dividend safety A (94/100) and HBCYF's C (56/100).
  • By SmarterDividends' count as of Nov 8, 2026, BRO has raised its dividend for 32 consecutive years and HBCYF for 0.
  • As of Nov 8, 2026, BRO pays out 21% of its earnings as dividends and HBCYF pays out 54%.
  • As of Nov 8, 2026, BRO's fair-value estimate is 8% below its share price and HBCYF's fair-value estimate is 40% above its share price, so HBCYF looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "BRO vs HBCYF: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/bro-vs-hbcyf

MetricBROHBCYF
Forward yield0.92%2.29%
Annual dividend$0.66$0.40
Payout ratio21%54%
Years of growth32 yr0 yr
5-yr dividend growth12.1%—
5-yr total return12%214%
Dividend safety score94 (A)56 (C)
Fair value estimate$66.65$24.43
Upside to fair value-8%+40%
Frequencyquarterlyquarterly
Market cap$23.9B$298.7B
P/E ratio22.811.4

Higher yield

HBCYF

2.29%

Safer dividend

BRO

Grade A

Faster growth

BRO

12.1%

Better value

HBCYF

+40% upside

BRO vs HBCYF — FAQ

Is BRO or HBCYF a better dividend stock?

On the data, BRO wins more head-to-head categories (4 vs 3). HBCYF offers the higher yield (2.29%), while BRO has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, BRO or HBCYF?

HBCYF has the higher forward dividend yield at 2.29%, versus 0.92% for BRO.

Is BRO or HBCYF safer?

BRO has the higher dividend-safety score (94/100 vs 56/100), reflecting stronger payout coverage and dividend-growth history.

Is BRO or HBCYF better value right now?

As of Nov 8, 2026, HBCYF looks like the better value: its fair-value estimate is 40% above its share price (undervalued). For BRO, its fair-value estimate is 8% below its share price.

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