HBCYF vs TY: Which Is the Better Dividend Stock?
As of Nov 8, 2026, TY (Tri-Continental Corporation) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. TY offers the higher yield at 3.51%, TY 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 TY
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Tri-Continental Corporation (TY) has the higher forward dividend yield at 3.51%, versus 2.29% for HSBC Holdings plc (HBCYF).
- As of Nov 8, 2026, SmarterDividends grades HBCYF's dividend safety C (56/100) and TY's B (67/100).
- As of Nov 8, 2026, HBCYF pays out 54% of its earnings as dividends and TY pays out 17%.
- As of Nov 8, 2026, HBCYF's fair-value estimate is 40% above its share price and TY's fair-value estimate is 4% above its share price, so HBCYF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HBCYF vs TY: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/hbcyf-vs-ty
| Metric | HBCYF | TY |
|---|---|---|
| Forward yield | 2.29% | 3.51% |
| Annual dividend | $0.40 | $1.18 |
| Payout ratio | 54% | 17% |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | — | 0.5% |
| 5-yr total return | 214% | -3% |
| Dividend safety score | 56 (C) | 67 (B) |
| Fair value estimate | $24.43 | $35.11 |
| Upside to fair value | +40% | +4% |
| Frequency | quarterly | quarterly |
| Market cap | $298.7B | $1.8B |
| P/E ratio | 11.4 | 5.3 |
Higher yield
TY
3.51%
Safer dividend
TY
Grade B
Faster growth
TY
0.5%
Better value
HBCYF
+40% upside
HBCYF vs TY — FAQ
Is HBCYF or TY a better dividend stock?
On the data, TY wins more head-to-head categories (4 vs 2). TY offers the higher yield (3.51%), while TY 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 TY?
TY has the higher forward dividend yield at 3.51%, versus 2.29% for HBCYF.
Is HBCYF or TY safer?
TY has the higher dividend-safety score (67/100 vs 56/100), reflecting stronger payout coverage and dividend-growth history.
Is HBCYF or TY better value right now?
As of Nov 8, 2026, HBCYF looks like the better value: its fair-value estimate is 40% above its share price (undervalued). For TY, its fair-value estimate is 4% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.