CGO vs HBCYF: Which Is the Better Dividend Stock?
As of Nov 8, 2026, CGO (Calamos Global Total Return Fund) screens as the stronger dividend stock, winning 5 of 6 head-to-head metrics. CGO offers the higher yield at 9.17%, CGO has the higher dividend-safety score, and CGO looks like the better value (its fair-value estimate is 93% above its share price).
Key facts: CGO vs HBCYF
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Calamos Global Total Return Fund (CGO) has the higher forward dividend yield at 9.17%, versus 2.29% for HSBC Holdings plc (HBCYF).
- As of Nov 8, 2026, SmarterDividends grades CGO's dividend safety B (66/100) and HBCYF's C (56/100).
- As of Nov 8, 2026, CGO pays out 21% of its earnings as dividends and HBCYF pays out 54%.
- As of Nov 8, 2026, CGO's fair-value estimate is 93% above its share price and HBCYF's fair-value estimate is 40% above its share price, so CGO looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CGO vs HBCYF: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/cgo-vs-hbcyf
| Metric | CGO | HBCYF |
|---|---|---|
| Forward yield | 9.17% | 2.29% |
| Annual dividend | $1.08 | $0.40 |
| Payout ratio | 21% | 54% |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | -4.4% | — |
| 5-yr total return | -25% | 214% |
| Dividend safety score | 66 (B) | 56 (C) |
| Fair value estimate | $22.72 | $24.43 |
| Upside to fair value | +93% | +40% |
| Frequency | monthly | quarterly |
| Market cap | $115.8M | $298.7B |
| P/E ratio | 2.6 | 11.4 |
Higher yield
CGO
9.17%
Safer dividend
CGO
Grade B
Faster growth
CGO
-4.4%
Better value
CGO
+93% upside
CGO vs HBCYF — FAQ
Is CGO or HBCYF a better dividend stock?
On the data, CGO wins more head-to-head categories (5 vs 1). CGO offers the higher yield (9.17%), while CGO has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, CGO or HBCYF?
CGO has the higher forward dividend yield at 9.17%, versus 2.29% for HBCYF.
Is CGO or HBCYF safer?
CGO has the higher dividend-safety score (66/100 vs 56/100), reflecting stronger payout coverage and dividend-growth history.
Is CGO or HBCYF better value right now?
As of Nov 8, 2026, CGO looks like the better value: its fair-value estimate is 93% 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.