With a dividend yield around 5%, HSBC Holdings (NYSE: HSBC) has become a popular stock among income investors. That yield doesn't even include a special dividend expected later this year that will bump the yield even further.
Despite a healthy dividend, however, shares haven't generated much upside in recent years. A post-pandemic rally saw the stock more than double in value, but over the last five years, shares have lost nearly 25% of their value.
Is this a great time to buy a high-income stock at a discount, or will shares continue to underperform?
Source Fool.com