HBCYF vs RYLBF: Which Is the Better Dividend Stock?
As of Nov 8, 2026, RYLBF (Royal Bank of Canada) screens as the stronger dividend stock, winning 5 of 5 head-to-head metrics. RYLBF offers the higher yield at 5.70%, RYLBF has the higher dividend-safety score, and RYLBF looks like the better value (its fair-value estimate is 40% above its share price).
Key facts: HBCYF vs RYLBF
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Royal Bank of Canada (RYLBF) has the higher forward dividend yield at 5.70%, versus 2.29% for HSBC Holdings plc (HBCYF).
- As of Nov 8, 2026, SmarterDividends grades HBCYF's dividend safety C (56/100) and RYLBF's C (63/100).
- As of Nov 8, 2026, HBCYF's fair-value estimate is 40% above its share price and RYLBF's fair-value estimate is 40% above its share price, so RYLBF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HBCYF vs RYLBF: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/hbcyf-vs-rylbf
| Metric | HBCYF | RYLBF |
|---|---|---|
| Forward yield | 2.29% | 5.70% |
| Annual dividend | $0.40 | $1.05 |
| Payout ratio | 54% | — |
| Years of growth | 0 yr | 1 yr |
| 5-yr dividend growth | — | — |
| 5-yr total return | 214% | — |
| Dividend safety score | 56 (C) | 63 (C) |
| Fair value estimate | $24.43 | $25.74 |
| Upside to fair value | +40% | +40% |
| Frequency | quarterly | quarterly |
| Market cap | $298.7B | — |
| P/E ratio | 11.4 | — |
Higher yield
RYLBF
5.70%
Safer dividend
RYLBF
Grade C
Faster growth
HBCYF
—
Better value
RYLBF
+40% upside
HBCYF vs RYLBF — FAQ
Is HBCYF or RYLBF a better dividend stock?
On the data, RYLBF wins more head-to-head categories (5 vs 0). RYLBF offers the higher yield (5.70%), while RYLBF 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 RYLBF?
RYLBF has the higher forward dividend yield at 5.70%, versus 2.29% for HBCYF.
Is HBCYF or RYLBF safer?
RYLBF has the higher dividend-safety score (63/100 vs 56/100), reflecting stronger payout coverage and dividend-growth history.
Is HBCYF or RYLBF better value right now?
As of Nov 8, 2026, RYLBF looks like the better value: its fair-value estimate is 40% 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.