EVN vs HBCYF: Which Is the Better Dividend Stock?
As of Nov 8, 2026, EVN (Eaton Vance Municipal Income Trust) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. EVN offers the higher yield at 6.04%, EVN has the higher dividend-safety score, and HBCYF looks like the better value (its fair-value estimate is 40% above its share price).
Key facts: EVN vs HBCYF
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Eaton Vance Municipal Income Trust (EVN) has the higher forward dividend yield at 6.04%, versus 2.29% for HSBC Holdings plc (HBCYF).
- As of Nov 8, 2026, SmarterDividends grades EVN's dividend safety C (62/100) and HBCYF's C (56/100).
- By SmarterDividends' count as of Nov 8, 2026, EVN has raised its dividend for 2 consecutive years and HBCYF for 0.
- As of Nov 8, 2026, EVN pays out 66% of its earnings as dividends and HBCYF pays out 54%.
- As of Nov 8, 2026, EVN's fair-value estimate is 1% below its share price and HBCYF's fair-value estimate is 40% above its share price, so HBCYF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "EVN vs HBCYF: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/evn-vs-hbcyf
| Metric | EVN | HBCYF |
|---|---|---|
| Forward yield | 6.04% | 2.29% |
| Annual dividend | $0.62 | $0.40 |
| Payout ratio | 66% | 54% |
| Years of growth | 2 yr | 0 yr |
| 5-yr dividend growth | 1.7% | — |
| 5-yr total return | -26% | 214% |
| Dividend safety score | 62 (C) | 56 (C) |
| Fair value estimate | $10.09 | $24.43 |
| Upside to fair value | -1% | +40% |
| Frequency | monthly | quarterly |
| Market cap | $407.2M | $298.7B |
| P/E ratio | 11.0 | 11.4 |
Higher yield
EVN
6.04%
Safer dividend
EVN
Grade C
Faster growth
EVN
1.7%
Better value
HBCYF
+40% upside
EVN vs HBCYF — FAQ
Is EVN or HBCYF a better dividend stock?
On the data, EVN wins more head-to-head categories (4 vs 3). EVN offers the higher yield (6.04%), while EVN has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, EVN or HBCYF?
EVN has the higher forward dividend yield at 6.04%, versus 2.29% for HBCYF.
Is EVN or HBCYF safer?
EVN has the higher dividend-safety score (62/100 vs 56/100), reflecting stronger payout coverage and dividend-growth history.
Is EVN or HBCYF better value right now?
As of Nov 8, 2026, HBCYF looks like the better value: its fair-value estimate is 40% above its share price (undervalued). For EVN, its fair-value estimate is 1% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.