HBCYF vs MUA: Which Is the Better Dividend Stock?
As of Nov 13, 2026, HBCYF (HSBC Holdings plc) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. MUA offers the higher yield at 6.89%, 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 MUA
Data as of · Source: SmarterDividends data
- As of Nov 13, 2026, BlackRock MuniAssets Fund, Inc. (MUA) has the higher forward dividend yield at 6.89%, versus 2.24% for HSBC Holdings plc (HBCYF).
- As of Nov 13, 2026, SmarterDividends grades HBCYF's dividend safety C (56/100) and MUA's C (55/100).
- As of Nov 13, 2026, HBCYF pays out 54% of its earnings as dividends and MUA pays out 65%.
- As of Nov 13, 2026, HBCYF's fair-value estimate is 37% above its share price and MUA's fair-value estimate is 12% above its share price, so HBCYF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HBCYF vs MUA: Dividend Yield, Safety & Value Compared," updated Nov 13, 2026, https://smarterdividends.com/compare/hbcyf-vs-mua
| Metric | HBCYF | MUA |
|---|---|---|
| Forward yield | 2.24% | 6.89% |
| Annual dividend | $0.40 | $0.67 |
| Payout ratio | 54% | 65% |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | — | 0.9% |
| 5-yr total return | 214% | -40% |
| Dividend safety score | 56 (C) | 55 (C) |
| Fair value estimate | $24.43 | $10.79 |
| Upside to fair value | +37% | +12% |
| Frequency | quarterly | monthly |
| Market cap | $305.3B | $649.2M |
| P/E ratio | 11.8 | 9.6 |
Higher yield
MUA
6.89%
Safer dividend
HBCYF
Grade C
Faster growth
MUA
0.9%
Better value
HBCYF
+37% upside
HBCYF vs MUA — FAQ
Is HBCYF or MUA a better dividend stock?
On the data, HBCYF wins more head-to-head categories (4 vs 2). MUA offers the higher yield (6.89%), 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 MUA?
MUA has the higher forward dividend yield at 6.89%, versus 2.24% for HBCYF.
Is HBCYF or MUA safer?
HBCYF has the higher dividend-safety score (56/100 vs 55/100), reflecting stronger payout coverage and dividend-growth history.
Is HBCYF or MUA 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 MUA, its fair-value estimate is 12% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.