HBCYF vs UTG: Which Is the Better Dividend Stock?
As of Nov 9, 2026, UTG (Reaves Utility Income Fund) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. UTG offers the higher yield at 7.67%, UTG 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 UTG
Data as of · Source: SmarterDividends data
- As of Nov 9, 2026, Reaves Utility Income Fund (UTG) has the higher forward dividend yield at 7.67%, versus 2.29% for HSBC Holdings plc (HBCYF).
- As of Nov 9, 2026, SmarterDividends grades HBCYF's dividend safety C (56/100) and UTG's A (97/100).
- As of Nov 9, 2026, HBCYF pays out 54% of its earnings as dividends and UTG pays out 17%.
- As of Nov 9, 2026, HBCYF's fair-value estimate is 40% above its share price and UTG's fair-value estimate is 27% above its share price, so HBCYF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HBCYF vs UTG: Dividend Yield, Safety & Value Compared," updated Nov 9, 2026, https://smarterdividends.com/compare/hbcyf-vs-utg
| Metric | HBCYF | UTG |
|---|---|---|
| Forward yield | 2.29% | 7.67% |
| Annual dividend | $0.40 | $2.52 |
| Payout ratio | 54% | 17% |
| Years of growth | 0 yr | 1 yr |
| 5-yr dividend growth | — | 1.7% |
| 5-yr total return | 214% | -1% |
| Dividend safety score | 56 (C) | 97 (A) |
| Fair value estimate | $24.43 | $41.76 |
| Upside to fair value | +40% | +27% |
| Frequency | quarterly | monthly |
| Market cap | $298.7B | $3.0B |
| P/E ratio | 11.4 | 2.4 |
Higher yield
UTG
7.67%
Safer dividend
UTG
Grade A
Faster growth
UTG
1.7%
Better value
HBCYF
+40% upside
HBCYF vs UTG — FAQ
Is HBCYF or UTG a better dividend stock?
On the data, UTG wins more head-to-head categories (5 vs 2). UTG offers the higher yield (7.67%), while UTG 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 UTG?
UTG has the higher forward dividend yield at 7.67%, versus 2.29% for HBCYF.
Is HBCYF or UTG safer?
UTG has the higher dividend-safety score (97/100 vs 56/100), reflecting stronger payout coverage and dividend-growth history.
Is HBCYF or UTG 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 UTG, its fair-value estimate is 27% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.