CGBD vs HBCYF: Which Is the Better Dividend Stock?
As of Nov 8, 2026, CGBD and HBCYF are closely matched. CGBD offers the higher yield at 12.88%, HBCYF has the higher dividend-safety score, and CGBD looks like the better value (its fair-value estimate is 43% above its share price).
Key facts: CGBD vs HBCYF
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Carlyle Secured Lending, Inc. (CGBD) has the higher forward dividend yield at 12.88%, versus 2.29% for HSBC Holdings plc (HBCYF).
- As of Nov 8, 2026, SmarterDividends grades CGBD's dividend safety D (47/100) and HBCYF's C (56/100).
- As of Nov 8, 2026, CGBD pays out 310% of its earnings as dividends and HBCYF pays out 54%.
- As of Nov 8, 2026, CGBD's fair-value estimate is 43% above its share price and HBCYF's fair-value estimate is 40% above its share price, so CGBD looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CGBD vs HBCYF: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/cgbd-vs-hbcyf
| Metric | CGBD | HBCYF |
|---|---|---|
| Forward yield | 12.88% | 2.29% |
| Annual dividend | $1.40 | $0.40 |
| Payout ratio | 310% | 54% |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | 2.3% | — |
| 5-yr total return | -18% | 214% |
| Dividend safety score | 47 (D) | 56 (C) |
| Fair value estimate | $15.95 | $24.43 |
| Upside to fair value | +43% | +40% |
| Frequency | quarterly | quarterly |
| Market cap | $759.7M | $298.7B |
| P/E ratio | 21.9 | 11.4 |
Higher yield
CGBD
12.88%
Safer dividend
HBCYF
Grade C
Faster growth
CGBD
2.3%
Better value
CGBD
+43% upside
CGBD vs HBCYF — FAQ
Is CGBD or HBCYF a better dividend stock?
CGBD and HBCYF are closely matched. CGBD has the higher yield; HBCYF scores better on safety.
Which has a higher dividend yield, CGBD or HBCYF?
CGBD has the higher forward dividend yield at 12.88%, versus 2.29% for HBCYF.
Is CGBD or HBCYF safer?
HBCYF has the higher dividend-safety score (56/100 vs 47/100), reflecting stronger payout coverage and dividend-growth history.
Is CGBD or HBCYF better value right now?
As of Nov 8, 2026, CGBD looks like the better value: its fair-value estimate is 43% above its share price (undervalued). For HBCYF, its fair-value estimate is 40% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.