GRF vs HBCYF: Which Is the Better Dividend Stock?
As of Nov 8, 2026, GRF (Eagle Capital Growth Fund, Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. GRF offers the higher yield at 8.50%, HBCYF has the higher dividend-safety score, and GRF looks like the better value (its fair-value estimate is 136% above its share price).
Key facts: GRF vs HBCYF
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Eagle Capital Growth Fund, Inc. (GRF) has the higher forward dividend yield at 8.50%, versus 2.29% for HSBC Holdings plc (HBCYF).
- As of Nov 8, 2026, SmarterDividends grades GRF's dividend safety C (50/100) and HBCYF's C (56/100).
- By SmarterDividends' count as of Nov 8, 2026, GRF has raised its dividend for 2 consecutive years and HBCYF for 0.
- As of Nov 8, 2026, GRF pays out 86% of its earnings as dividends and HBCYF pays out 54%.
- As of Nov 8, 2026, GRF's fair-value estimate is 136% above its share price and HBCYF's fair-value estimate is 40% above its share price, so GRF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "GRF vs HBCYF: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/grf-vs-hbcyf
| Metric | GRF | HBCYF |
|---|---|---|
| Forward yield | 8.50% | 2.29% |
| Annual dividend | $0.85 | $0.40 |
| Payout ratio | 86% | 54% |
| Years of growth | 2 yr | 0 yr |
| 5-yr dividend growth | 9.1% | — |
| 5-yr total return | 19% | 214% |
| Dividend safety score | 50 (C) | 56 (C) |
| Fair value estimate | $23.65 | $24.43 |
| Upside to fair value | +136% | +40% |
| Frequency | annual | quarterly |
| Market cap | $39.7M | $298.7B |
| P/E ratio | 10.1 | 11.4 |
Higher yield
GRF
8.50%
Safer dividend
HBCYF
Grade C
Faster growth
GRF
9.1%
Better value
GRF
+136% upside
GRF vs HBCYF — FAQ
Is GRF or HBCYF a better dividend stock?
On the data, GRF wins more head-to-head categories (4 vs 3). GRF offers the higher yield (8.50%), while HBCYF has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, GRF or HBCYF?
GRF has the higher forward dividend yield at 8.50%, versus 2.29% for HBCYF.
Is GRF or HBCYF safer?
HBCYF has the higher dividend-safety score (56/100 vs 50/100), reflecting stronger payout coverage and dividend-growth history.
Is GRF or HBCYF better value right now?
As of Nov 8, 2026, GRF looks like the better value: its fair-value estimate is 136% 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.