FLC vs HBCYF: Which Is the Better Dividend Stock?
As of Nov 8, 2026, FLC (Flaherty & Crumrine Total Return Fund Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. FLC offers the higher yield at 8.06%, FLC 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: FLC vs HBCYF
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Flaherty & Crumrine Total Return Fund Inc. (FLC) has the higher forward dividend yield at 8.06%, versus 2.29% for HSBC Holdings plc (HBCYF).
- As of Nov 8, 2026, SmarterDividends grades FLC's dividend safety C (59/100) and HBCYF's C (56/100).
- By SmarterDividends' count as of Nov 8, 2026, FLC has raised its dividend for 2 consecutive years and HBCYF for 0.
- As of Nov 8, 2026, FLC pays out 67% of its earnings as dividends and HBCYF pays out 54%.
- As of Nov 8, 2026, FLC's fair-value estimate is 11% above 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, "FLC vs HBCYF: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/flc-vs-hbcyf
| Metric | FLC | HBCYF |
|---|---|---|
| Forward yield | 8.06% | 2.29% |
| Annual dividend | $1.28 | $0.40 |
| Payout ratio | 67% | 54% |
| Years of growth | 2 yr | 0 yr |
| 5-yr dividend growth | -4.3% | — |
| 5-yr total return | -30% | 214% |
| Dividend safety score | 59 (C) | 56 (C) |
| Fair value estimate | $17.58 | $24.43 |
| Upside to fair value | +11% | +40% |
| Frequency | monthly | quarterly |
| Market cap | $166.2M | $298.7B |
| P/E ratio | 8.9 | 11.4 |
Higher yield
FLC
8.06%
Safer dividend
FLC
Grade C
Faster growth
FLC
-4.3%
Better value
HBCYF
+40% upside
FLC vs HBCYF — FAQ
Is FLC or HBCYF a better dividend stock?
On the data, FLC wins more head-to-head categories (4 vs 3). FLC offers the higher yield (8.06%), while FLC has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, FLC or HBCYF?
FLC has the higher forward dividend yield at 8.06%, versus 2.29% for HBCYF.
Is FLC or HBCYF safer?
FLC has the higher dividend-safety score (59/100 vs 56/100), reflecting stronger payout coverage and dividend-growth history.
Is FLC 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 FLC, its fair-value estimate is 11% above its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.