HBCYF vs OCSL: Which Is the Better Dividend Stock?
As of Nov 8, 2026, HBCYF and OCSL are closely matched. OCSL offers the higher yield at 10.56%, HBCYF has the higher dividend-safety score, and OCSL looks like the better value (its fair-value estimate is 66% above its share price).
Key facts: HBCYF vs OCSL
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Oaktree Specialty Lending Corporation (OCSL) has the higher forward dividend yield at 10.56%, versus 2.29% for HSBC Holdings plc (HBCYF).
- As of Nov 8, 2026, SmarterDividends grades HBCYF's dividend safety C (56/100) and OCSL's D (44/100).
- As of Nov 8, 2026, HBCYF pays out 54% of its earnings as dividends and OCSL pays out 321%.
- As of Nov 8, 2026, HBCYF's fair-value estimate is 40% above its share price and OCSL's fair-value estimate is 66% above its share price, so OCSL looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HBCYF vs OCSL: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/hbcyf-vs-ocsl
| Metric | HBCYF | OCSL |
|---|---|---|
| Forward yield | 2.29% | 10.56% |
| Annual dividend | $0.40 | $1.32 |
| Payout ratio | 54% | 321% |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | — | 6.8% |
| 5-yr total return | 214% | -43% |
| Dividend safety score | 56 (C) | 44 (D) |
| Fair value estimate | $24.43 | $20.77 |
| Upside to fair value | +40% | +66% |
| Frequency | quarterly | quarterly |
| Market cap | $298.7B | $1.1B |
| P/E ratio | 11.4 | 26.0 |
Higher yield
OCSL
10.56%
Safer dividend
HBCYF
Grade C
Faster growth
OCSL
6.8%
Better value
OCSL
+66% upside
HBCYF vs OCSL — FAQ
Is HBCYF or OCSL a better dividend stock?
HBCYF and OCSL are closely matched. OCSL has the higher yield; HBCYF scores better on safety.
Which has a higher dividend yield, HBCYF or OCSL?
OCSL has the higher forward dividend yield at 10.56%, versus 2.29% for HBCYF.
Is HBCYF or OCSL safer?
HBCYF has the higher dividend-safety score (56/100 vs 44/100), reflecting stronger payout coverage and dividend-growth history.
Is HBCYF or OCSL better value right now?
As of Nov 8, 2026, OCSL looks like the better value: its fair-value estimate is 66% 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.