GBDC vs HSBC: Which Is the Better Dividend Stock?
As of Oct 18, 2026, HSBC (HSBC Holdings plc) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. GBDC offers the higher yield at 10.89%, HSBC has the higher dividend-safety score, and HSBC looks like the better value (its fair-value estimate is 44% above its share price).
Key facts: GBDC vs HSBC
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Golub Capital BDC, Inc. (GBDC) has the higher forward dividend yield at 10.89%, versus 3.97% for HSBC Holdings plc (HSBC).
- As of Oct 18, 2026, SmarterDividends grades GBDC's dividend safety D (41/100) and HSBC's B (72/100).
- As of Oct 18, 2026, GBDC pays out 218% of its earnings as dividends and HSBC pays out 54%.
- As of Oct 18, 2026, GBDC's fair-value estimate is 15% above its share price and HSBC's fair-value estimate is 44% above its share price, so HSBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "GBDC vs HSBC: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/gbdc-vs-hsbc
| Metric | GBDC | HSBC |
|---|---|---|
| Forward yield | 10.89% | 3.97% |
| Annual dividend | $1.32 | $3.75 |
| Payout ratio | 218% | 54% |
| Years of growth | 1 yr | 0 yr |
| 5-yr dividend growth | 5.5% | -13.8% |
| 5-yr total return | -20% | 242% |
| Dividend safety score | 41 (D) | 72 (B) |
| Fair value estimate | $13.93 | $135.99 |
| Upside to fair value | +15% | +44% |
| Frequency | quarterly | quarterly |
| Market cap | $3.1B | $323.4B |
| P/E ratio | 18.4 | 13.5 |
Higher yield
GBDC
10.89%
Safer dividend
HSBC
Grade B
Faster growth
GBDC
5.5%
Better value
HSBC
+44% upside
GBDC vs HSBC — FAQ
Is GBDC or HSBC a better dividend stock?
On the data, HSBC wins more head-to-head categories (5 vs 3). GBDC offers the higher yield (10.89%), while HSBC has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, GBDC or HSBC?
GBDC has the higher forward dividend yield at 10.89%, versus 3.97% for HSBC.
Is GBDC or HSBC safer?
HSBC has the higher dividend-safety score (72/100 vs 41/100), reflecting stronger payout coverage and dividend-growth history.
Is GBDC or HSBC better value right now?
As of Oct 18, 2026, HSBC looks like the better value: its fair-value estimate is 44% above its share price (undervalued). For GBDC, its fair-value estimate is 15% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.