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ADN vs GBDC: Dividend Comparison 2026

ADN yields 399.20% · GBDC yields 11.86%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 ADN wins by $11250.93M in total portfolio value
10 years
ADN
ADN
● Live price
399.20%
Share price
$0.50
Annual div
$2.00
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$11271.78M
Annual income
$7,550,905,294.58
Full ADN 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 — ADN vs GBDC

📍 ADN 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 PeriodADNGBDC
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%.
📅

Dividend Calendar Overlap

Combined, ADN + GBDC cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
ADN pays
GBDC pays
Both pay
Neither
💰

Tax Bracket Optimizer

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

ADN
Annual income on $10K today (after 15% tax)
$33,932.14/yr
After 10yr DRIP, annual income (after tax)
$6,418,269,500.39/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, ADN beats the other by $6,404,286,376.64/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 ADN + GBDC for your $10,000?

ADN: 50%GBDC: 50%
100% GBDC50/50100% ADN
Portfolio after 10yr
$5646.31M
Annual income
$3,783,678,014.21/yr
Blended yield
67.01%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

ADN
Analyst Ratings
2
Hold
Consensus: Hold
Price Target
$120.00
+23852.1% upside vs current
Range: $120.00 — $120.00
Altman Z
-51.6
Piotroski
1/9
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.
🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

ADN buys
0
GBDC buys
0
No recent congressional trades found for ADN or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricADNGBDC
Forward yield399.20%11.86%
Annual dividend / share$2.00$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR0%51.1%
Portfolio after 10y$11271.78M$20.85M
Annual income after 10y$7,550,905,294.58$16,450,733.83
Total dividends collected$10929.21M$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC
Analyst consensusHoldBuy
Analyst price target$120.00$14.00

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

YearADN PortfolioADN Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$50,620$39,920.16$12,492$1,791.70+$38.1KADN
2$243,020$188,856.53$16,527$3,160.58+$226.5KADN
3$1,107,389$847,357.95$23,588$5,904.90+$1.08MADN
4$4,793,528$3,608,621.41$37,141$11,901.65+$4.76MADN
5$19,727,716$14,598,641.35$66,205$26,463.38+$19.66MADN
6$77,258,713$56,150,056.62$137,452$66,612.65+$77.12MADN
7$288,178,770$205,511,947.20$342,372$195,298.53+$287.84MADN
8$1,024,771,463$716,420,179.04$1,053,292$686,954.33+$1023.72MADN
9$3,477,448,866$2,380,943,400.19$4,111,439$2,984,416.95+$3473.34MADN
10$11,271,775,581$7,550,905,294.58$20,849,974$16,450,733.83+$11250.93MADN

ADN vs GBDC: Complete Analysis 2026

ADNStock

Advent Technologies Holdings, Inc., an advanced materials and technology development company, operates in the fuel cell and hydrogen technology markets. It develops, manufactures, and assembles fuel cell systems and critical components that determine the performance of hydrogen fuel cells and other energy systems. The company offers high-temperature proton exchange membrane (HT-PEM) fuel cells, HT-PEM based membrane electrode assemblies, membranes, and electrodes. It serves stationary and portable power, automotive, aviation, energy storage, and sensor markets. The company is headquartered in Boston, Massachusetts.

Full ADN 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.