HBCYF vs NVG: Which Is the Better Dividend Stock?
As of Nov 9, 2026, HBCYF (HSBC Holdings plc) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. NVG offers the higher yield at 8.20%, HBCYF 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 NVG
Data as of · Source: SmarterDividends data
- As of Nov 9, 2026, Nuveen AMT-Free Municipal Credit Income Fund (NVG) has the higher forward dividend yield at 8.20%, versus 2.29% for HSBC Holdings plc (HBCYF).
- As of Nov 9, 2026, SmarterDividends grades HBCYF's dividend safety C (56/100) and NVG's C (51/100).
- By SmarterDividends' count as of Nov 9, 2026, HBCYF has raised its dividend for 0 consecutive years and NVG for 2.
- As of Nov 9, 2026, HBCYF pays out 54% of its earnings as dividends and NVG pays out 107%.
- As of Nov 9, 2026, HBCYF's fair-value estimate is 40% above its share price and NVG's fair-value estimate is 35% above its share price, so HBCYF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HBCYF vs NVG: Dividend Yield, Safety & Value Compared," updated Nov 9, 2026, https://smarterdividends.com/compare/hbcyf-vs-nvg
| Metric | HBCYF | NVG |
|---|---|---|
| Forward yield | 2.29% | 8.20% |
| Annual dividend | $0.40 | $0.95 |
| Payout ratio | 54% | 107% |
| Years of growth | 0 yr | 2 yr |
| 5-yr dividend growth | — | 3.5% |
| 5-yr total return | 214% | -35% |
| Dividend safety score | 56 (C) | 51 (C) |
| Fair value estimate | $24.43 | $15.60 |
| Upside to fair value | +40% | +35% |
| Frequency | quarterly | monthly |
| Market cap | $298.7B | $2.5B |
| P/E ratio | 11.4 | 13.0 |
Higher yield
NVG
8.20%
Safer dividend
HBCYF
Grade C
Faster growth
NVG
3.5%
Better value
HBCYF
+40% upside
HBCYF vs NVG — FAQ
Is HBCYF or NVG a better dividend stock?
On the data, HBCYF wins more head-to-head categories (4 vs 3). NVG offers the higher yield (8.20%), 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 NVG?
NVG has the higher forward dividend yield at 8.20%, versus 2.29% for HBCYF.
Is HBCYF or NVG safer?
HBCYF has the higher dividend-safety score (56/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.
Is HBCYF or NVG 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 NVG, its fair-value estimate is 35% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.