HSBC vs NCV: Which Is the Better Dividend Stock?
As of Oct 13, 2026, NCV (Virtus Convertible & Income Fund) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. NCV offers the higher yield at 10.41%, HSBC has the higher dividend-safety score, and NCV looks like the better value (its fair-value estimate is 49% above its share price).
Key facts: HSBC vs NCV
Data as of · Source: SmarterDividends data
- As of Oct 13, 2026, Virtus Convertible & Income Fund (NCV) has the higher forward dividend yield at 10.41%, versus 4.03% for HSBC Holdings plc (HSBC).
- As of Oct 13, 2026, SmarterDividends grades HSBC's dividend safety B (72/100) and NCV's B (66/100).
- As of Oct 13, 2026, HSBC pays out 54% of its earnings as dividends and NCV pays out 35%.
- As of Oct 13, 2026, HSBC's fair-value estimate is 44% above its share price and NCV's fair-value estimate is 49% above its share price, so NCV looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HSBC vs NCV: Dividend Yield, Safety & Value Compared," updated Oct 13, 2026, https://smarterdividends.com/compare/hsbc-vs-ncv
| Metric | HSBC | NCV |
|---|---|---|
| Forward yield | 4.03% | 10.41% |
| Annual dividend | $3.75 | $1.63 |
| Payout ratio | 54% | 35% |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | -13.8% | -5.7% |
| 5-yr total return | 209% | -38% |
| Dividend safety score | 72 (B) | 66 (B) |
| Fair value estimate | $136.01 | $23.24 |
| Upside to fair value | +44% | +49% |
| Frequency | quarterly | monthly |
| Market cap | $322.6B | $352.9M |
| P/E ratio | 13.5 | 4.2 |
Higher yield
NCV
10.41%
Safer dividend
HSBC
Grade B
Faster growth
NCV
-5.7%
Better value
NCV
+49% upside
HSBC vs NCV — FAQ
Is HSBC or NCV a better dividend stock?
On the data, NCV wins more head-to-head categories (4 vs 3). NCV offers the higher yield (10.41%), 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 NCV?
NCV has the higher forward dividend yield at 10.41%, versus 4.03% for HSBC.
Is HSBC or NCV safer?
HSBC has the higher dividend-safety score (72/100 vs 66/100), reflecting stronger payout coverage and dividend-growth history.
Is HSBC or NCV better value right now?
As of Oct 13, 2026, NCV looks like the better value: its fair-value estimate is 49% above its share price (undervalued). For HSBC, its fair-value estimate is 44% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.