ETY vs HSBC: Which Is the Better Dividend Stock?
As of Nov 5, 2026, ETY (Eaton Vance Tax-Managed Diversified Equity Income Fund) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. ETY offers the higher yield at 9.47%, HSBC has the higher dividend-safety score, and ETY looks like the better value (its fair-value estimate is 107% above its share price).
Key facts: ETY vs HSBC
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) has the higher forward dividend yield at 9.47%, versus 2.24% for HSBC Holdings plc (HSBC).
- As of Nov 5, 2026, SmarterDividends grades ETY's dividend safety C (64/100) and HSBC's B (68/100).
- By SmarterDividends' count as of Nov 5, 2026, ETY has raised its dividend for 2 consecutive years and HSBC for 0.
- As of Nov 5, 2026, ETY pays out 43% of its earnings as dividends and HSBC pays out 54%.
- As of Nov 5, 2026, ETY's fair-value estimate is 107% above its share price and HSBC's fair-value estimate is 65% above its share price, so ETY looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "ETY vs HSBC: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/ety-vs-hsbc
| Metric | ETY | HSBC |
|---|---|---|
| Forward yield | 9.47% | 2.24% |
| Annual dividend | $1.31 | $2.00 |
| Payout ratio | 43% | 54% |
| Years of growth | 2 yr | 0 yr |
| 5-yr dividend growth | 3.3% | -13.8% |
| 5-yr total return | -7% | 209% |
| Dividend safety score | 64 (C) | 68 (B) |
| Fair value estimate | $27.91 | $145.65 |
| Upside to fair value | +107% | +65% |
| Frequency | monthly | quarterly |
| Market cap | $2.1B | $301.5B |
| P/E ratio | 4.8 | 11.5 |
Higher yield
ETY
9.47%
Safer dividend
HSBC
Grade B
Faster growth
ETY
3.3%
Better value
ETY
+107% upside
ETY vs HSBC — FAQ
Is ETY or HSBC a better dividend stock?
On the data, ETY wins more head-to-head categories (5 vs 3). ETY offers the higher yield (9.47%), while HSBC has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, ETY or HSBC?
ETY has the higher forward dividend yield at 9.47%, versus 2.24% for HSBC.
Is ETY or HSBC safer?
HSBC has the higher dividend-safety score (68/100 vs 64/100), reflecting stronger payout coverage and dividend-growth history.
Is ETY or HSBC better value right now?
As of Nov 5, 2026, ETY looks like the better value: its fair-value estimate is 107% 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.