HSBC vs OBDC: Which Is the Better Dividend Stock?
As of Oct 18, 2026, HSBC (HSBC Holdings plc) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. OBDC offers the higher yield at 12.27%, HSBC has the higher dividend-safety score, and HSBC looks like the better value (its fair-value estimate is 44% above its share price).
Key facts: HSBC vs OBDC
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Blue Owl Capital Corporation (OBDC) has the higher forward dividend yield at 12.27%, versus 3.97% for HSBC Holdings plc (HSBC).
- As of Oct 18, 2026, SmarterDividends grades HSBC's dividend safety B (72/100) and OBDC's D (44/100).
- By SmarterDividends' count as of Oct 18, 2026, HSBC has raised its dividend for 0 consecutive years and OBDC for 2.
- As of Oct 18, 2026, HSBC pays out 54% of its earnings as dividends and OBDC pays out 257%.
- As of Oct 18, 2026, HSBC's fair-value estimate is 44% above its share price and OBDC's fair-value estimate is 27% above its share price, so HSBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HSBC vs OBDC: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/hsbc-vs-obdc
| Metric | HSBC | OBDC |
|---|---|---|
| Forward yield | 3.97% | 12.27% |
| Annual dividend | $3.75 | $1.24 |
| Payout ratio | 54% | 257% |
| Years of growth | 0 yr | 2 yr |
| 5-yr dividend growth | -13.8% | -10.6% |
| 5-yr total return | 242% | -27% |
| Dividend safety score | 72 (B) | 44 (D) |
| Fair value estimate | $135.99 | $12.87 |
| Upside to fair value | +44% | +27% |
| Frequency | quarterly | quarterly |
| Market cap | $323.4B | $5.0B |
| P/E ratio | 13.5 | 18.1 |
Higher yield
OBDC
12.27%
Safer dividend
HSBC
Grade B
Faster growth
OBDC
-10.6%
Better value
HSBC
+44% upside
HSBC vs OBDC — FAQ
Is HSBC or OBDC a better dividend stock?
On the data, HSBC wins more head-to-head categories (5 vs 3). OBDC offers the higher yield (12.27%), 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 OBDC?
OBDC has the higher forward dividend yield at 12.27%, versus 3.97% for HSBC.
Is HSBC or OBDC safer?
HSBC has the higher dividend-safety score (72/100 vs 44/100), reflecting stronger payout coverage and dividend-growth history.
Is HSBC or OBDC better value right now?
As of Oct 18, 2026, HSBC looks like the better value: its fair-value estimate is 44% above its share price (undervalued). For OBDC, 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.