HBCYF vs NMAI: Which Is the Better Dividend Stock?
As of Nov 8, 2026, NMAI (Nuveen Multi-Asset Income Fund) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. NMAI offers the higher yield at 10.55%, HBCYF has the higher dividend-safety score, and NMAI looks like the better value (its fair-value estimate is 133% above its share price).
Key facts: HBCYF vs NMAI
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Nuveen Multi-Asset Income Fund (NMAI) has the higher forward dividend yield at 10.55%, versus 2.29% for HSBC Holdings plc (HBCYF).
- As of Nov 8, 2026, SmarterDividends grades HBCYF's dividend safety C (56/100) and NMAI's D (49/100).
- As of Nov 8, 2026, HBCYF pays out 54% of its earnings as dividends and NMAI pays out 52%.
- As of Nov 8, 2026, HBCYF's fair-value estimate is 40% above its share price and NMAI's fair-value estimate is 133% above its share price, so NMAI looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HBCYF vs NMAI: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/hbcyf-vs-nmai
| Metric | HBCYF | NMAI |
|---|---|---|
| Forward yield | 2.29% | 10.55% |
| Annual dividend | $0.40 | $1.39 |
| Payout ratio | 54% | 52% |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | — | — |
| 5-yr total return | 214% | -26% |
| Dividend safety score | 56 (C) | 49 (D) |
| Fair value estimate | $24.43 | $30.78 |
| Upside to fair value | +40% | +133% |
| Frequency | quarterly | monthly |
| Market cap | $298.7B | $441.2M |
| P/E ratio | 11.4 | 4.8 |
Higher yield
NMAI
10.55%
Safer dividend
HBCYF
Grade C
Faster growth
HBCYF
—
Better value
NMAI
+133% upside
HBCYF vs NMAI — FAQ
Is HBCYF or NMAI a better dividend stock?
On the data, NMAI wins more head-to-head categories (4 vs 2). NMAI offers the higher yield (10.55%), 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 NMAI?
NMAI has the higher forward dividend yield at 10.55%, versus 2.29% for HBCYF.
Is HBCYF or NMAI safer?
HBCYF has the higher dividend-safety score (56/100 vs 49/100), reflecting stronger payout coverage and dividend-growth history.
Is HBCYF or NMAI better value right now?
As of Nov 8, 2026, NMAI looks like the better value: its fair-value estimate is 133% above its share price (undervalued). For HBCYF, its fair-value estimate is 40% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.