SmarterDividends

CHW vs HBCYF: Which Is the Better Dividend Stock?

As of Nov 8, 2026, CHW (Calamos Global Dynamic Income Fund) screens as the stronger dividend stock, winning 5 of 6 head-to-head metrics. CHW offers the higher yield at 9.41%, CHW has the higher dividend-safety score, and CHW looks like the better value (its fair-value estimate is 92% above its share price).

Key facts: CHW vs HBCYF

Data as of · Source: SmarterDividends data

  • As of Nov 8, 2026, Calamos Global Dynamic Income Fund (CHW) has the higher forward dividend yield at 9.41%, versus 2.29% for HSBC Holdings plc (HBCYF).
  • As of Nov 8, 2026, SmarterDividends grades CHW's dividend safety C (65/100) and HBCYF's C (56/100).
  • As of Nov 8, 2026, CHW pays out 21% of its earnings as dividends and HBCYF pays out 54%.
  • As of Nov 8, 2026, CHW's fair-value estimate is 92% above its share price and HBCYF's fair-value estimate is 40% above its share price, so CHW looks like the better value of the two on SmarterDividends' blended model.
Cite this page

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

MetricCHWHBCYF
Forward yield9.41%2.29%
Annual dividend$0.72$0.40
Payout ratio21%54%
Years of growth0 yr0 yr
5-yr dividend growth-6.5%—
5-yr total return-23%214%
Dividend safety score65 (C)56 (C)
Fair value estimate$14.67$24.43
Upside to fair value+92%+40%
Frequencymonthlyquarterly
Market cap—$298.7B
P/E ratio2.711.4

Higher yield

CHW

9.41%

Safer dividend

CHW

Grade C

Faster growth

CHW

-6.5%

Better value

CHW

+92% upside

CHW vs HBCYF — FAQ

Is CHW or HBCYF a better dividend stock?

On the data, CHW wins more head-to-head categories (5 vs 1). CHW offers the higher yield (9.41%), while CHW has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, CHW or HBCYF?

CHW has the higher forward dividend yield at 9.41%, versus 2.29% for HBCYF.

Is CHW or HBCYF safer?

CHW has the higher dividend-safety score (65/100 vs 56/100), reflecting stronger payout coverage and dividend-growth history.

Is CHW or HBCYF better value right now?

As of Nov 8, 2026, CHW looks like the better value: its fair-value estimate is 92% above its share price (undervalued). For HBCYF, its fair-value estimate is 40% above its share price.

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