HomeCompareABL vs GBDC

ABL vs GBDC: Dividend Comparison 2026

ABL yields 2.51% · GBDC yields 11.86%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $20.83M in total portfolio value
10 years
ABL
ABL
● Live price
2.51%
Share price
$7.96
Annual div
$0.20
5Y div CAGR
-50%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$20.1K
Annual income
$0.25
Full ABL calculator →
GBDC
GBDC
● Live price
11.86%
Share price
$12.65
Annual div
$1.50
5Y div CAGR
51.1%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$20.85M
Annual income
$16,450,733.83
Full GBDC calculator →

Portfolio growth — ABL vs GBDC

📍 GBDC pulled ahead of the other in Year 1

Annual dividend income

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Recession Test — Did They Cut Dividends?

How each stock treated shareholders during the 3 biggest crises of the last 20 years

Crisis PeriodABLGBDC
2008–2009
GFC
— No data— No data
2020 Q1–Q2
COVID
— No data— No data
2022 Q4
Rate Hike
— No data— No data
Based on dividend payment history. "Increased" = dividend grew during crisis. "Maintained" = held within 3%. "Cut" = reduced by more than 3%.
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Dividend Calendar Overlap

Combined, ABL + GBDC cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
ABL pays
GBDC pays
Both pay
Neither
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Tax Bracket Optimizer

Which stock is actually better after tax? Adjust your rate to find out.

ABL
Annual income on $10K today (after 15% tax)
$213.57/yr
After 10yr DRIP, annual income (after tax)
$0.21/yr
GBDC
Annual income on $10K today (after 15% tax)
$1,007.91/yr
After 10yr DRIP, annual income (after tax)
$13,983,123.76/yr
At 15% tax rate, GBDC beats the other by $13,983,123.54/year in after-tax income after 10 years on $10,000
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Lazy Portfolio Split Optimizer

What's the optimal mix of ABL + GBDC for your $10,000?

ABL: 50%GBDC: 50%
100% GBDC50/50100% ABL
Portfolio after 10yr
$10.44M
Annual income
$8,225,367.05/yr
Blended yield
78.82%
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Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

ABL
Analyst Ratings
2
Buy
Consensus: Buy
Price Target
$10.00
+25.6% upside vs current
Range: $9.00 — $11.00
Altman Z
0.0
Piotroski
3/9
GBDC
Analyst Ratings
6
Buy
5
Hold
Consensus: Buy
Price Target
$14.00
+10.7% upside vs current
Range: $13.00 — $15.00
Altman Z
0.6
Piotroski
6/9
Analyst ratings via FMP. Altman Z-Score: >3.0 safe, 1.81–3.0 grey zone, <1.81 distress. Piotroski: 7–9 strong, 0–3 weak.
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Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

ABL buys
0
GBDC buys
0
No recent congressional trades found for ABL or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricABLGBDC
Forward yield2.51%11.86%
Annual dividend / share$0.20$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR-50%51.1%
Portfolio after 10y$20.1K$20.85M
Annual income after 10y$0.25$16,450,733.83
Total dividends collected$253.00$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC
Analyst consensusBuyBuy
Analyst price target$10.00$14.00

Year-by-year: ABL vs GBDC ($10,000, DRIP)

YearABL PortfolioABL Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$10,826$125.63$12,492$1,791.70$1.7KGBDC
2$11,647$63.55$16,527$3,160.58$4.9KGBDC
3$12,494$31.95$23,588$5,904.90$11.1KGBDC
4$13,385$16.02$37,141$11,901.65$23.8KGBDC
5$14,330$8.02$66,205$26,463.38$51.9KGBDC
6$15,337$4.01$137,452$66,612.65$122.1KGBDC
7$16,412$2.01$342,372$195,298.53$326.0KGBDC
8$17,562$1.00$1,053,292$686,954.33$1.04MGBDC
9$18,792$0.50$4,111,439$2,984,416.95$4.09MGBDC
10$20,108$0.25$20,849,974$16,450,733.83$20.83MGBDC

ABL vs GBDC: Complete Analysis 2026

ABLStock

Abacus Global Management, Inc. operates as an alternative asset manager and market maker in the United States. It operates in five segments: Active Management, Originations, Asset Management, Portfolio Servicing, and Technology Services. The Active Management segment is involved in the buying, selling, and trading of policies; and the maintenance of policies until receipt of death benefits. Its Originations segment originates life insurance policy settlements between investors or buyers, and the sellers, who are often the original policy owners. The Asset Management segment provides asset management services to investors investing in alternative investment and equity portfolio funds based on fund investment agreements. Its Portfolio Servicing segment offers policy services to customers on a contract basis. The Technology Services segment provides real-time mortality verification, missing participant verification, and other services specific to the life insurance market services to customers on a contract basis. It sells its products through financial advisors or agents, direct-to-consumer, and traditional life settlements intermediaries. The company was formerly known as Abacus Life, Inc. and changed its name to Abacus Global Management, Inc. in February 2025. Abacus Global Management, Inc. was founded in 2004 and is headquartered in Orlando, Florida.

Full ABL Calculator →

GBDCBDC

Golub Capital BDC, Inc. (GBDC) is a business development company and operates as an externally managed closed-end non-diversified management investment company. It invests in debt and minority equity investments in middle-market companies that are, in most cases, sponsored by private equity investors. It typically invests in diversified consumer services, automobiles, healthcare technology, insurance, health care equipment and supplies, hotels, restaurants and leisure, healthcare providers and services, IT services and specialty retails. It seeks to invest in the United States. It primarily invests in first lien traditional senior debt, first lien one stop, junior debt and equity, senior secured, one stop, unitranche, second lien, subordinated and mezzanine loans of middle-market companies, and warrants.

Full GBDC Calculator →
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⚠️ Educational purposes only. Not financial advice. Congressional trades sourced from SEC STOCK Act filings via FMP. Past performance does not guarantee future results.