HBCYF vs PSBD: Which Is the Better Dividend Stock?
As of Nov 8, 2026, PSBD (Palmer Square Capital BDC Inc.) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. PSBD offers the higher yield at 14.57%, HBCYF has the higher dividend-safety score, and PSBD looks like the better value (its fair-value estimate is 118% above its share price).
Key facts: HBCYF vs PSBD
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Palmer Square Capital BDC Inc. (PSBD) has the higher forward dividend yield at 14.57%, versus 2.29% for HSBC Holdings plc (HBCYF).
- As of Nov 8, 2026, SmarterDividends grades HBCYF's dividend safety C (56/100) and PSBD's D (46/100).
- As of Nov 8, 2026, HBCYF pays out 54% of its earnings as dividends and PSBD pays out 398%.
- As of Nov 8, 2026, HBCYF's fair-value estimate is 40% above its share price and PSBD's fair-value estimate is 118% above its share price, so PSBD looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HBCYF vs PSBD: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/hbcyf-vs-psbd
| Metric | HBCYF | PSBD |
|---|---|---|
| Forward yield | 2.29% | 14.57% |
| Annual dividend | $0.40 | $1.44 |
| Payout ratio | 54% | 398% |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | — | — |
| 5-yr total return | 214% | — |
| Dividend safety score | 56 (C) | 46 (D) |
| Fair value estimate | $24.43 | $21.56 |
| Upside to fair value | +40% | +118% |
| Frequency | quarterly | quarterly |
| Market cap | $298.7B | $297.8M |
| P/E ratio | 11.4 | — |
Higher yield
PSBD
14.57%
Safer dividend
HBCYF
Grade C
Faster growth
HBCYF
—
Better value
PSBD
+118% upside
HBCYF vs PSBD — FAQ
Is HBCYF or PSBD a better dividend stock?
On the data, PSBD wins more head-to-head categories (3 vs 2). PSBD offers the higher yield (14.57%), 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 PSBD?
PSBD has the higher forward dividend yield at 14.57%, versus 2.29% for HBCYF.
Is HBCYF or PSBD safer?
HBCYF has the higher dividend-safety score (56/100 vs 46/100), reflecting stronger payout coverage and dividend-growth history.
Is HBCYF or PSBD better value right now?
As of Nov 8, 2026, PSBD looks like the better value: its fair-value estimate is 118% 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.