ETW vs HBCYF: Which Is the Better Dividend Stock?
As of Nov 8, 2026, ETW (Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund) screens as the stronger dividend stock, winning 6 of 7 head-to-head metrics. ETW offers the higher yield at 9.71%, ETW has the higher dividend-safety score, and ETW looks like the better value (its fair-value estimate is 56% above its share price).
Key facts: ETW vs HBCYF
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) has the higher forward dividend yield at 9.71%, versus 2.29% for HSBC Holdings plc (HBCYF).
- As of Nov 8, 2026, SmarterDividends grades ETW's dividend safety B (66/100) and HBCYF's C (56/100).
- By SmarterDividends' count as of Nov 8, 2026, ETW has raised its dividend for 2 consecutive years and HBCYF for 0.
- As of Nov 8, 2026, ETW pays out 39% of its earnings as dividends and HBCYF pays out 54%.
- As of Nov 8, 2026, ETW's fair-value estimate is 56% above its share price and HBCYF's fair-value estimate is 40% above its share price, so ETW looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "ETW vs HBCYF: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/etw-vs-hbcyf
| Metric | ETW | HBCYF |
|---|---|---|
| Forward yield | 9.71% | 2.29% |
| Annual dividend | $0.90 | $0.40 |
| Payout ratio | 39% | 54% |
| Years of growth | 2 yr | 0 yr |
| 5-yr dividend growth | -2.0% | — |
| 5-yr total return | -14% | 214% |
| Dividend safety score | 66 (B) | 56 (C) |
| Fair value estimate | $14.40 | $24.43 |
| Upside to fair value | +56% | +40% |
| Frequency | monthly | quarterly |
| Market cap | $1.0B | $298.7B |
| P/E ratio | 4.5 | 11.4 |
Higher yield
ETW
9.71%
Safer dividend
ETW
Grade B
Faster growth
ETW
-2.0%
Better value
ETW
+56% upside
ETW vs HBCYF — FAQ
Is ETW or HBCYF a better dividend stock?
On the data, ETW wins more head-to-head categories (6 vs 1). ETW offers the higher yield (9.71%), while ETW has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, ETW or HBCYF?
ETW has the higher forward dividend yield at 9.71%, versus 2.29% for HBCYF.
Is ETW or HBCYF safer?
ETW has the higher dividend-safety score (66/100 vs 56/100), reflecting stronger payout coverage and dividend-growth history.
Is ETW or HBCYF better value right now?
As of Nov 8, 2026, ETW looks like the better value: its fair-value estimate is 56% above its share price (undervalued). For HBCYF, its fair-value estimate is 40% above its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.