HBCYF vs MKTX: Which Is the Better Dividend Stock?
As of Nov 9, 2026, MKTX (MarketAxess Holdings Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. HBCYF offers the higher yield at 2.29%, MKTX has the higher dividend-safety score, and HBCYF looks like the better value (its fair-value estimate is 40% above its share price).
Key facts: HBCYF vs MKTX
Data as of · Source: SmarterDividends data
- As of Nov 9, 2026, HSBC Holdings plc (HBCYF) has the higher forward dividend yield at 2.29%, versus 1.88% for MarketAxess Holdings Inc. (MKTX).
- As of Nov 9, 2026, SmarterDividends grades HBCYF's dividend safety C (56/100) and MKTX's A (89/100).
- By SmarterDividends' count as of Nov 9, 2026, HBCYF has raised its dividend for 0 consecutive years and MKTX for 15.
- As of Nov 9, 2026, HBCYF pays out 54% of its earnings as dividends and MKTX pays out 38%.
- As of Nov 9, 2026, HBCYF's fair-value estimate is 40% above its share price and MKTX's fair-value estimate is 14% below its share price, so HBCYF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HBCYF vs MKTX: Dividend Yield, Safety & Value Compared," updated Nov 9, 2026, https://smarterdividends.com/compare/hbcyf-vs-mktx
| Metric | HBCYF | MKTX |
|---|---|---|
| Forward yield | 2.29% | 1.88% |
| Annual dividend | $0.40 | $3.12 |
| Payout ratio | 54% | 38% |
| Years of growth | 0 yr | 15 yr |
| 5-yr dividend growth | — | 4.8% |
| 5-yr total return | 214% | -53% |
| Dividend safety score | 56 (C) | 89 (A) |
| Fair value estimate | $24.43 | $142.89 |
| Upside to fair value | +40% | -14% |
| Frequency | quarterly | quarterly |
| Market cap | $298.7B | $5.8B |
| P/E ratio | 11.4 | 20.3 |
Higher yield
HBCYF
2.29%
Safer dividend
MKTX
Grade A
Faster growth
MKTX
4.8%
Better value
HBCYF
+40% upside
HBCYF vs MKTX — FAQ
Is HBCYF or MKTX a better dividend stock?
On the data, MKTX wins more head-to-head categories (4 vs 3). HBCYF offers the higher yield (2.29%), while MKTX 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 MKTX?
HBCYF has the higher forward dividend yield at 2.29%, versus 1.88% for MKTX.
Is HBCYF or MKTX safer?
MKTX has the higher dividend-safety score (89/100 vs 56/100), reflecting stronger payout coverage and dividend-growth history.
Is HBCYF or MKTX better value right now?
As of Nov 9, 2026, HBCYF looks like the better value: its fair-value estimate is 40% above its share price (undervalued). For MKTX, its fair-value estimate is 14% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.