SmarterDividends

HSBC vs ICMB: Which Is the Better Dividend Stock?

As of Oct 27, 2026, HSBC (HSBC Holdings plc) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. ICMB offers the higher yield at 19.16%, HSBC has the higher dividend-safety score.

Key facts: HSBC vs ICMB

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Investcorp Credit Management BDC, Inc. (ICMB) has the higher forward dividend yield at 19.16%, versus 4.11% for HSBC Holdings plc (HSBC).
  • As of Oct 27, 2026, SmarterDividends grades HSBC's dividend safety B (72/100) and ICMB's D (37/100).
  • As of Oct 27, 2026, HSBC pays out 54% of its earnings as dividends and ICMB pays out 89%.
Cite this page

SmarterDividends, "HSBC vs ICMB: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/hsbc-vs-icmb

MetricHSBCICMB
Forward yield4.11%19.16%
Annual dividend$3.75$0.28
Payout ratio54%89%
Years of growth0 yr0 yr
5-yr dividend growth-13.8%-8.0%
5-yr total return228%-87%
Dividend safety score72 (B)37 (D)
Fair value estimate$137.57—
Upside to fair value+51%—
Frequencyquarterlyquarterly
Market cap$311.9B$10.5M
P/E ratio13.0—

Higher yield

ICMB

19.16%

Safer dividend

HSBC

Grade B

Faster growth

ICMB

-8.0%

HSBC vs ICMB — FAQ

Is HSBC or ICMB a better dividend stock?

On the data, HSBC wins more head-to-head categories (4 vs 2). ICMB offers the higher yield (19.16%), 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, HSBC or ICMB?

ICMB has the higher forward dividend yield at 19.16%, versus 4.11% for HSBC.

Is HSBC or ICMB safer?

HSBC has the higher dividend-safety score (72/100 vs 37/100), reflecting stronger payout coverage and dividend-growth history.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.