HGLB vs HSBC: Which Is the Better Dividend Stock?
As of Oct 27, 2026, HSBC (HSBC Holdings plc) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. HGLB offers the higher yield at 16.43%, HSBC has the higher dividend-safety score, and HSBC looks like the better value (its fair-value estimate is 51% above its share price).
Key facts: HGLB vs HSBC
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Highland Global Allocation Fund (HGLB) has the higher forward dividend yield at 16.43%, versus 4.11% for HSBC Holdings plc (HSBC).
- As of Oct 27, 2026, SmarterDividends grades HGLB's dividend safety D (46/100) and HSBC's B (72/100).
- As of Oct 27, 2026, HGLB pays out 268% of its earnings as dividends and HSBC pays out 54%.
- As of Oct 27, 2026, HGLB's fair-value estimate is 51% above its share price and HSBC's fair-value estimate is 51% above its share price, so HSBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HGLB vs HSBC: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/hglb-vs-hsbc
| Metric | HGLB | HSBC |
|---|---|---|
| Forward yield | 16.43% | 4.11% |
| Annual dividend | $1.02 | $3.75 |
| Payout ratio | 268% | 54% |
| Years of growth | 1 yr | 0 yr |
| 5-yr dividend growth | 0.9% | -13.8% |
| 5-yr total return | -29% | 228% |
| Dividend safety score | 46 (D) | 72 (B) |
| Fair value estimate | $9.36 | $137.57 |
| Upside to fair value | +51% | +51% |
| Frequency | monthly | quarterly |
| Market cap | $146.5M | $311.9B |
| P/E ratio | 15.5 | 13.0 |
Higher yield
HGLB
16.43%
Safer dividend
HSBC
Grade B
Faster growth
HGLB
0.9%
Better value
HSBC
+51% upside
HGLB vs HSBC — FAQ
Is HGLB or HSBC a better dividend stock?
On the data, HSBC wins more head-to-head categories (5 vs 3). HGLB offers the higher yield (16.43%), while HSBC has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, HGLB or HSBC?
HGLB has the higher forward dividend yield at 16.43%, versus 4.11% for HSBC.
Is HGLB or HSBC safer?
HSBC has the higher dividend-safety score (72/100 vs 46/100), reflecting stronger payout coverage and dividend-growth history.
Is HGLB or HSBC better value right now?
As of Oct 27, 2026, HSBC looks like the better value: its fair-value estimate is 51% above its share price (undervalued). For HGLB, its fair-value estimate is 51% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.