SmarterDividends

CSQ vs HSBC: Which Is the Better Dividend Stock?

As of September 2026, CSQ (Calamos Strategic Total Return Fund) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. CSQ offers the higher yield at 7.78%, CSQ has the higher dividend-safety score, and HSBC trades at the larger discount to fair value (+29%).

MetricCSQHSBC
Forward yield7.78%3.56%
Annual dividend$1.62$3.75
Payout ratio20%54%
Years of growth1 yr0 yr
5-yr dividend growth2.4%-13.8%
5-yr total return18%303%
Dividend safety score86 (A)72 (B)
Fair value estimate$23.96$136.26
Upside to fair value+15%+29%
Frequencymonthlyquarterly
Market cap$3.3B$360.6B
P/E ratio3.115.0

Higher yield

CSQ

7.78%

Safer dividend

CSQ

Grade A

Faster growth

CSQ

2.4%

Better value

HSBC

+29% upside

CSQ vs HSBC — FAQ

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