GSBD vs HSBC: Which Is the Better Dividend Stock?
As of Oct 23, 2026, HSBC (HSBC Holdings plc) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. GSBD offers the higher yield at 16.19%, HSBC has the higher dividend-safety score, and GSBD looks like the better value (its fair-value estimate is 63% above its share price).
Key facts: GSBD vs HSBC
Data as of · Source: SmarterDividends data
- As of Oct 23, 2026, Goldman Sachs BDC, Inc. (GSBD) has the higher forward dividend yield at 16.19%, versus 4.08% for HSBC Holdings plc (HSBC).
- As of Oct 23, 2026, SmarterDividends grades GSBD's dividend safety D (47/100) and HSBC's B (72/100).
- As of Oct 23, 2026, GSBD pays out 265% of its earnings as dividends and HSBC pays out 54%.
- As of Oct 23, 2026, GSBD's fair-value estimate is 63% above its share price and HSBC's fair-value estimate is 48% above its share price, so GSBD looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "GSBD vs HSBC: Dividend Yield, Safety & Value Compared," updated Oct 23, 2026, https://smarterdividends.com/compare/gsbd-vs-hsbc
| Metric | GSBD | HSBC |
|---|---|---|
| Forward yield | 16.19% | 4.08% |
| Annual dividend | $1.41 | $3.75 |
| Payout ratio | 265% | 54% |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | -9.8% | -13.8% |
| 5-yr total return | -54% | 242% |
| Dividend safety score | 47 (D) | 72 (B) |
| Fair value estimate | $14.22 | $135.99 |
| Upside to fair value | +63% | +48% |
| Frequency | quarterly | quarterly |
| Market cap | $980.5M | $314.3B |
| P/E ratio | 16.8 | 13.1 |
Higher yield
GSBD
16.19%
Safer dividend
HSBC
Grade B
Faster growth
GSBD
-9.8%
Better value
GSBD
+63% upside
GSBD vs HSBC — FAQ
Is GSBD or HSBC a better dividend stock?
On the data, HSBC wins more head-to-head categories (4 vs 3). GSBD offers the higher yield (16.19%), 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, GSBD or HSBC?
GSBD has the higher forward dividend yield at 16.19%, versus 4.08% for HSBC.
Is GSBD or HSBC safer?
HSBC has the higher dividend-safety score (72/100 vs 47/100), reflecting stronger payout coverage and dividend-growth history.
Is GSBD or HSBC better value right now?
As of Oct 23, 2026, GSBD looks like the better value: its fair-value estimate is 63% above its share price (undervalued). For HSBC, its fair-value estimate is 48% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.