HBCYF vs NRK: Which Is the Better Dividend Stock?
As of Nov 8, 2026, NRK (Nuveen New York AMT-Free Quality Municipal Income Fund) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. NRK offers the higher yield at 8.12%, HBCYF has the higher dividend-safety score, and NRK looks like the better value (its fair-value estimate is 43% above its share price).
Key facts: HBCYF vs NRK
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) has the higher forward dividend yield at 8.12%, versus 2.29% for HSBC Holdings plc (HBCYF).
- As of Nov 8, 2026, SmarterDividends grades HBCYF's dividend safety C (56/100) and NRK's D (46/100).
- By SmarterDividends' count as of Nov 8, 2026, HBCYF has raised its dividend for 0 consecutive years and NRK for 2.
- As of Nov 8, 2026, HBCYF pays out 54% of its earnings as dividends and NRK pays out 259%.
- As of Nov 8, 2026, HBCYF's fair-value estimate is 40% above its share price and NRK's fair-value estimate is 43% above its share price, so NRK looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HBCYF vs NRK: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/hbcyf-vs-nrk
| Metric | HBCYF | NRK |
|---|---|---|
| Forward yield | 2.29% | 8.12% |
| Annual dividend | $0.40 | $0.79 |
| Payout ratio | 54% | 259% |
| Years of growth | 0 yr | 2 yr |
| 5-yr dividend growth | — | 8.1% |
| 5-yr total return | 214% | -30% |
| Dividend safety score | 56 (C) | 46 (D) |
| Fair value estimate | $24.43 | $13.88 |
| Upside to fair value | +40% | +43% |
| Frequency | quarterly | monthly |
| Market cap | $298.7B | $844.4M |
| P/E ratio | 11.4 | 30.3 |
Higher yield
NRK
8.12%
Safer dividend
HBCYF
Grade C
Faster growth
NRK
8.1%
Better value
NRK
+43% upside
HBCYF vs NRK — FAQ
Is HBCYF or NRK a better dividend stock?
On the data, NRK wins more head-to-head categories (4 vs 3). NRK offers the higher yield (8.12%), 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 NRK?
NRK has the higher forward dividend yield at 8.12%, versus 2.29% for HBCYF.
Is HBCYF or NRK safer?
HBCYF has the higher dividend-safety score (56/100 vs 46/100), reflecting stronger payout coverage and dividend-growth history.
Is HBCYF or NRK better value right now?
As of Nov 8, 2026, NRK looks like the better value: its fair-value estimate is 43% 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.