HBCYF vs IAE: Which Is the Better Dividend Stock?
As of Nov 6, 2026, IAE (Voya Asia Pacific High Dividend Equity Income Fund) screens as the stronger dividend stock, winning 5 of 5 head-to-head metrics. IAE offers the higher yield at 11.13%, IAE has the higher dividend-safety score, and IAE looks like the better value (its fair-value estimate is 110% above its share price).
Key facts: HBCYF vs IAE
Data as of · Source: SmarterDividends data
- As of Nov 6, 2026, Voya Asia Pacific High Dividend Equity Income Fund (IAE) has the higher forward dividend yield at 11.13%, versus 2.26% for HSBC Holdings plc (HBCYF).
- As of Nov 6, 2026, SmarterDividends grades HBCYF's dividend safety C (56/100) and IAE's B (67/100).
- As of Nov 6, 2026, HBCYF pays out 54% of its earnings as dividends and IAE pays out 30%.
- As of Nov 6, 2026, HBCYF's fair-value estimate is 64% above its share price and IAE's fair-value estimate is 110% above its share price, so IAE looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HBCYF vs IAE: Dividend Yield, Safety & Value Compared," updated Nov 6, 2026, https://smarterdividends.com/compare/hbcyf-vs-iae
| Metric | HBCYF | IAE |
|---|---|---|
| Forward yield | 2.26% | 11.13% |
| Annual dividend | $0.40 | $0.78 |
| Payout ratio | 54% | 30% |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | — | -21.3% |
| 5-yr total return | 218% | — |
| Dividend safety score | 56 (C) | 67 (B) |
| Fair value estimate | $29.13 | $14.71 |
| Upside to fair value | +64% | +110% |
| Frequency | quarterly | monthly |
| Market cap | $303.2B | $75.4M |
| P/E ratio | 11.8 | 2.7 |
Higher yield
IAE
11.13%
Safer dividend
IAE
Grade B
Faster growth
IAE
-21.3%
Better value
IAE
+110% upside
HBCYF vs IAE — FAQ
Is HBCYF or IAE a better dividend stock?
On the data, IAE wins more head-to-head categories (5 vs 0). IAE offers the higher yield (11.13%), while IAE has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, HBCYF or IAE?
IAE has the higher forward dividend yield at 11.13%, versus 2.26% for HBCYF.
Is HBCYF or IAE safer?
IAE has the higher dividend-safety score (67/100 vs 56/100), reflecting stronger payout coverage and dividend-growth history.
Is HBCYF or IAE better value right now?
As of Nov 6, 2026, IAE looks like the better value: its fair-value estimate is 110% above its share price (undervalued). For HBCYF, its fair-value estimate is 64% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.