CPZ vs HSBC: Which Is the Better Dividend Stock?
As of Nov 5, 2026, CPZ (Calamos Long/Short Equity & Dynamic Income Term Trust) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. CPZ offers the higher yield at 13.13%, CPZ has the higher dividend-safety score, and CPZ looks like the better value (its fair-value estimate is 129% above its share price).
Key facts: CPZ vs HSBC
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Calamos Long/Short Equity & Dynamic Income Term Trust (CPZ) has the higher forward dividend yield at 13.13%, versus 2.24% for HSBC Holdings plc (HSBC).
- As of Nov 5, 2026, SmarterDividends grades CPZ's dividend safety B (71/100) and HSBC's B (68/100).
- As of Nov 5, 2026, CPZ's fair-value estimate is 129% above its share price and HSBC's fair-value estimate is 65% above its share price, so CPZ looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CPZ vs HSBC: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/cpz-vs-hsbc
| Metric | CPZ | HSBC |
|---|---|---|
| Forward yield | 13.13% | 2.24% |
| Annual dividend | $1.68 | $2.00 |
| Payout ratio | 2341% | 54% |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | 4.6% | -13.8% |
| 5-yr total return | -34% | 209% |
| Dividend safety score | 71 (B) | 68 (B) |
| Fair value estimate | $29.05 | $145.65 |
| Upside to fair value | +129% | +65% |
| Frequency | monthly | quarterly |
| Market cap | $249.3M | $301.5B |
| P/E ratio | 181.4 | 11.5 |
Higher yield
CPZ
13.13%
Safer dividend
CPZ
Grade B
Faster growth
CPZ
4.6%
Better value
CPZ
+129% upside
CPZ vs HSBC — FAQ
Is CPZ or HSBC a better dividend stock?
On the data, CPZ wins more head-to-head categories (4 vs 3). CPZ offers the higher yield (13.13%), while CPZ has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, CPZ or HSBC?
CPZ has the higher forward dividend yield at 13.13%, versus 2.24% for HSBC.
Is CPZ or HSBC safer?
CPZ has the higher dividend-safety score (71/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.
Is CPZ or HSBC better value right now?
As of Nov 5, 2026, CPZ looks like the better value: its fair-value estimate is 129% above its share price (undervalued). For HSBC, its fair-value estimate is 65% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.