FPF vs HBCYF: Which Is the Better Dividend Stock?
As of Nov 8, 2026, FPF (First Trust Intermediate Duration Preferred & Income Fund) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. FPF offers the higher yield at 10.45%, FPF has the higher dividend-safety score, and FPF looks like the better value (its fair-value estimate is 43% above its share price).
Key facts: FPF vs HBCYF
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, First Trust Intermediate Duration Preferred & Income Fund (FPF) has the higher forward dividend yield at 10.45%, versus 2.29% for HSBC Holdings plc (HBCYF).
- As of Nov 8, 2026, SmarterDividends grades FPF's dividend safety C (59/100) and HBCYF's C (56/100).
- As of Nov 8, 2026, FPF pays out 67% of its earnings as dividends and HBCYF pays out 54%.
- As of Nov 8, 2026, FPF's fair-value estimate is 43% above its share price and HBCYF's fair-value estimate is 40% above its share price, so FPF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "FPF vs HBCYF: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/fpf-vs-hbcyf
| Metric | FPF | HBCYF |
|---|---|---|
| Forward yield | 10.45% | 2.29% |
| Annual dividend | $1.65 | $0.40 |
| Payout ratio | 67% | 54% |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | 0.9% | — |
| 5-yr total return | -36% | 214% |
| Dividend safety score | 59 (C) | 56 (C) |
| Fair value estimate | $22.51 | $24.43 |
| Upside to fair value | +43% | +40% |
| Frequency | monthly | quarterly |
| Market cap | $960.8M | $298.7B |
| P/E ratio | 6.4 | 11.4 |
Higher yield
FPF
10.45%
Safer dividend
FPF
Grade C
Faster growth
FPF
0.9%
Better value
FPF
+43% upside
FPF vs HBCYF — FAQ
Is FPF or HBCYF a better dividend stock?
On the data, FPF wins more head-to-head categories (4 vs 2). FPF offers the higher yield (10.45%), while FPF has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, FPF or HBCYF?
FPF has the higher forward dividend yield at 10.45%, versus 2.29% for HBCYF.
Is FPF or HBCYF safer?
FPF has the higher dividend-safety score (59/100 vs 56/100), reflecting stronger payout coverage and dividend-growth history.
Is FPF or HBCYF better value right now?
As of Nov 8, 2026, FPF looks like the better value: its fair-value estimate is 43% above its share price (undervalued). For HBCYF, its fair-value estimate is 40% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.