HBCYF vs WSBF: Which Is the Better Dividend Stock?
As of Oct 7, 2026, HBCYF (HSBC Holdings plc) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. HBCYF offers the higher yield at 3.84%, WSBF has the higher dividend-safety score, and HBCYF looks like the better value (its fair-value estimate is 39% above its share price).
Key facts: HBCYF vs WSBF
Data as of · Source: SmarterDividends data
- As of Oct 7, 2026, HSBC Holdings plc (HBCYF) has the higher forward dividend yield at 3.84%, versus 3.43% for Waterstone Financial, Inc. (WSBF).
- As of Oct 7, 2026, SmarterDividends grades HBCYF's dividend safety C (56/100) and WSBF's C (59/100).
- As of Oct 7, 2026, HBCYF pays out 54% of its earnings as dividends and WSBF pays out 36%.
- As of Oct 7, 2026, HBCYF's fair-value estimate is 39% above its share price and WSBF's fair-value estimate is 39% below its share price, so HBCYF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HBCYF vs WSBF: Dividend Yield, Safety & Value Compared," updated Oct 7, 2026, https://smarterdividends.com/compare/hbcyf-vs-wsbf
| Metric | HBCYF | WSBF |
|---|---|---|
| Forward yield | 3.84% | 3.43% |
| Annual dividend | $0.75 | $0.68 |
| Payout ratio | 54% | 36% |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | — | 4.6% |
| 5-yr total return | 214% | -4% |
| Dividend safety score | 56 (C) | 59 (C) |
| Fair value estimate | $27.23 | $12.10 |
| Upside to fair value | +39% | -39% |
| Frequency | quarterly | quarterly |
| Market cap | $334.1B | $357.2M |
| P/E ratio | 13.6 | 11.6 |
Higher yield
HBCYF
3.84%
Safer dividend
WSBF
Grade C
Faster growth
WSBF
4.6%
Better value
HBCYF
+39% upside
HBCYF vs WSBF — FAQ
Is HBCYF or WSBF a better dividend stock?
On the data, HBCYF wins more head-to-head categories (4 vs 2). HBCYF offers the higher yield (3.84%), while WSBF 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 WSBF?
HBCYF has the higher forward dividend yield at 3.84%, versus 3.43% for WSBF.
Is HBCYF or WSBF safer?
WSBF has the higher dividend-safety score (59/100 vs 56/100), reflecting stronger payout coverage and dividend-growth history.
Is HBCYF or WSBF better value right now?
As of Oct 7, 2026, HBCYF looks like the better value: its fair-value estimate is 39% above its share price (undervalued). For WSBF, its fair-value estimate is 39% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.