HBCYF vs JMM: Which Is the Better Dividend Stock?
As of Nov 13, 2026, HBCYF (HSBC Holdings plc) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. JMM offers the higher yield at 6.26%, HBCYF has the higher dividend-safety score, and HBCYF looks like the better value (its fair-value estimate is 37% above its share price).
Key facts: HBCYF vs JMM
Data as of · Source: SmarterDividends data
- As of Nov 13, 2026, Nuveen Multi-Market Income Fund (JMM) has the higher forward dividend yield at 6.26%, versus 2.24% for HSBC Holdings plc (HBCYF).
- As of Nov 13, 2026, SmarterDividends grades HBCYF's dividend safety C (65/100) and JMM's C (58/100).
- By SmarterDividends' count as of Nov 13, 2026, HBCYF has raised its dividend for 0 consecutive years and JMM for 2.
- As of Nov 13, 2026, HBCYF pays out 54% of its earnings as dividends and JMM pays out 139%.
- As of Nov 13, 2026, HBCYF's fair-value estimate is 37% above its share price and JMM's fair-value estimate is 18% below its share price, so HBCYF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HBCYF vs JMM: Dividend Yield, Safety & Value Compared," updated Nov 13, 2026, https://smarterdividends.com/compare/hbcyf-vs-jmm
| Metric | HBCYF | JMM |
|---|---|---|
| Forward yield | 2.24% | 6.26% |
| Annual dividend | $0.40 | $0.35 |
| Payout ratio | 54% | 139% |
| Years of growth | 0 yr | 2 yr |
| 5-yr dividend growth | — | 1.4% |
| 5-yr total return | 221% | -26% |
| Dividend safety score | 65 (C) | 58 (C) |
| Fair value estimate | $24.43 | $4.53 |
| Upside to fair value | +37% | -18% |
| Frequency | quarterly | monthly |
| Market cap | $305.3B | $52.6M |
| P/E ratio | 11.8 | 22.2 |
Higher yield
JMM
6.26%
Safer dividend
HBCYF
Grade C
Faster growth
JMM
1.4%
Better value
HBCYF
+37% upside
HBCYF vs JMM — FAQ
Is HBCYF or JMM a better dividend stock?
On the data, HBCYF wins more head-to-head categories (5 vs 2). JMM offers the higher yield (6.26%), 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, HBCYF or JMM?
JMM has the higher forward dividend yield at 6.26%, versus 2.24% for HBCYF.
Is HBCYF or JMM safer?
HBCYF has the higher dividend-safety score (65/100 vs 58/100), reflecting stronger payout coverage and dividend-growth history.
Is HBCYF or JMM better value right now?
As of Nov 13, 2026, HBCYF looks like the better value: its fair-value estimate is 37% above its share price (undervalued). For JMM, its fair-value estimate is 18% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.