GBAB vs HSBC: Which Is the Better Dividend Stock?
As of September 2026, HSBC (HSBC Holdings plc) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. GBAB offers the higher yield at 11.76%, HSBC has the higher dividend-safety score, and HSBC trades at the larger discount to fair value (+36%).
| Metric | GBAB | HSBC |
|---|---|---|
| Forward yield | 11.76% | 3.74% |
| Annual dividend | $1.51 | $3.75 |
| Payout ratio | 128% | 54% |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | 0.0% | -13.8% |
| 5-yr total return | -46% | 239% |
| Dividend safety score | 63 (C) | 72 (B) |
| Fair value estimate | $15.27 | $138.49 |
| Upside to fair value | +18% | +36% |
| Frequency | monthly | quarterly |
| Market cap | $350.3M | $343.1B |
| P/E ratio | 10.7 | 14.3 |
Higher yield
GBAB
11.76%
Safer dividend
HSBC
Grade B
Faster growth
GBAB
0.0%
Better value
HSBC
+36% upside
GBAB vs HSBC — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.