SmarterDividends

EVT vs HBCYF: Which Is the Better Dividend Stock?

As of Nov 9, 2026, EVT (Eaton Vance Tax-Advantaged Dividend Income Fund) screens as the stronger dividend stock, winning 6 of 7 head-to-head metrics. EVT offers the higher yield at 8.51%, EVT has the higher dividend-safety score, and EVT looks like the better value (its fair-value estimate is 106% above its share price).

Key facts: EVT vs HBCYF

Data as of · Source: SmarterDividends data

  • As of Nov 9, 2026, Eaton Vance Tax-Advantaged Dividend Income Fund (EVT) has the higher forward dividend yield at 8.51%, versus 2.29% for HSBC Holdings plc (HBCYF).
  • As of Nov 9, 2026, SmarterDividends grades EVT's dividend safety C (65/100) and HBCYF's C (56/100).
  • By SmarterDividends' count as of Nov 9, 2026, EVT has raised its dividend for 2 consecutive years and HBCYF for 0.
  • As of Nov 9, 2026, EVT pays out 31% of its earnings as dividends and HBCYF pays out 54%.
  • As of Nov 9, 2026, EVT's fair-value estimate is 106% above its share price and HBCYF's fair-value estimate is 40% above its share price, so EVT looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "EVT vs HBCYF: Dividend Yield, Safety & Value Compared," updated Nov 9, 2026, https://smarterdividends.com/compare/evt-vs-hbcyf

MetricEVTHBCYF
Forward yield8.51%2.29%
Annual dividend$2.28$0.40
Payout ratio31%54%
Years of growth2 yr0 yr
5-yr dividend growth2.6%—
5-yr total return-4%214%
Dividend safety score65 (C)56 (C)
Fair value estimate$55.09$24.43
Upside to fair value+106%+40%
Frequencymonthlyquarterly
Market cap$2.0B$298.7B
P/E ratio4.211.4

Higher yield

EVT

8.51%

Safer dividend

EVT

Grade C

Faster growth

EVT

2.6%

Better value

EVT

+106% upside

EVT vs HBCYF — FAQ

Is EVT or HBCYF a better dividend stock?

On the data, EVT wins more head-to-head categories (6 vs 1). EVT offers the higher yield (8.51%), while EVT has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, EVT or HBCYF?

EVT has the higher forward dividend yield at 8.51%, versus 2.29% for HBCYF.

Is EVT or HBCYF safer?

EVT has the higher dividend-safety score (65/100 vs 56/100), reflecting stronger payout coverage and dividend-growth history.

Is EVT or HBCYF better value right now?

As of Nov 9, 2026, EVT looks like the better value: its fair-value estimate is 106% above its share price (undervalued). For HBCYF, its fair-value estimate is 40% above its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.