HomeCompareASBFF vs GBDC

ASBFF vs GBDC: Dividend Comparison 2026

ASBFF yields 3.65% · GBDC yields 11.85%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 ASBFF wins by $1088.83M in total portfolio value· pulled ahead in Year 6
10 years
ASBFF
ASBFF
● Live price
3.65%
Share price
$23.18
Annual div
$0.84
5Y div CAGR
100%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$1109.61M
Annual income
$1,054,057,854.58
Full ASBFF calculator →
GBDC
GBDC
● Live price
11.85%
Share price
$12.66
Annual div
$1.50
5Y div CAGR
51.1%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$20.78M
Annual income
$16,389,263.41
Full GBDC calculator →

Portfolio growth — ASBFF vs GBDC

📍 ASBFF pulled ahead of the other in Year 6

Annual dividend income

🛡️

Recession Test — Did They Cut Dividends?

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

Crisis PeriodASBFFGBDC
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, ASBFF + GBDC cover 0 of 12 monthsgood coverage

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

Tax Bracket Optimizer

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

ASBFF
Annual income on $10K today (after 15% tax)
$309.85/yr
After 10yr DRIP, annual income (after tax)
$895,949,176.39/yr
GBDC
Annual income on $10K today (after 15% tax)
$1,007.11/yr
After 10yr DRIP, annual income (after tax)
$13,930,873.90/yr
At 15% tax rate, ASBFF beats the other by $882,018,302.49/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

ASBFF: 50%GBDC: 50%
100% GBDC50/50100% ASBFF
Portfolio after 10yr
$565.19M
Annual income
$535,223,558.99/yr
Blended yield
94.70%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

ASBFF
No analyst data
Altman Z
4.5
Piotroski
7/9
GBDC
Analyst Ratings
6
Buy
5
Hold
Consensus: Buy
Price Target
$14.00
+10.6% 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)

ASBFF buys
0
GBDC buys
0
No recent congressional trades found for ASBFF or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricASBFFGBDC
Forward yield3.65%11.85%
Annual dividend / share$0.84$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR100%51.1%
Portfolio after 10y$1109.61M$20.78M
Annual income after 10y$1,054,057,854.58$16,389,263.41
Total dividends collected$1105.59M$20.36M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearASBFF PortfolioASBFF Income/yrGBDC PortfolioGBDC Income/yrGap
1$11,429$729.07$12,490$1,790.28$1.1KGBDC
2$13,787$1,557.49$16,522$3,157.73$2.7KGBDC
3$18,263$3,511.70$23,578$5,898.68$5.3KGBDC
4$28,237$8,695.36$37,115$11,886.75$8.9KGBDC
5$55,343$25,128.92$66,136$26,423.57$10.8KGBDC
6← crossover$151,274$92,057.52$137,257$66,491.44+$14.0KASBFF
7$632,202$470,338.17$341,734$194,868.54+$290.5KASBFF
8$4,350,524$3,674,068.15$1,050,788$685,133.02+$3.30MASBFF
9$51,913,505$47,258,444.77$4,099,314$2,974,971.01+$47.81MASBFF
10$1,109,605,305$1,054,057,854.58$20,775,530$16,389,263.41+$1088.83MASBFF

ASBFF vs GBDC: Complete Analysis 2026

ASBFFStock

Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. It operates through five segments: Grocery, Sugar, Agriculture, Ingredients, and Retail. The Grocery segment manufactures and sells grocery products, including hot beverages, sugar and sweeteners, vegetable oils, balsamic vinegars, bread and baked goods, cereals, ethnic foods, and meat products to retail, wholesale, and foodservice businesses. The Sugar segment is involved in growing, processing, and selling sugar beet and sugar cane to industrial users. The Agriculture segment manufactures and sells animal feeds; and provides other products and services for the agriculture sector. The Ingredients segment manufactures bakers' yeast, bakery ingredients, enzymes, lipids, yeast extracts, and cereal specialties. The Retail segment is involved in buying and merchandising clothing and accessories through the Primark and Penneys retail chains, which offer womenswear, menswear, kids wear, accessories, homeware, and beauty products. The company was incorporated in 1934 and is headquartered in London, the United Kingdom. Associated British Foods plc is a subsidiary of Wittington Investments Limited.

Full ASBFF 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 →
📬

Get this ASBFF vs GBDC comparison by email

Save your analysis + weekly dividend insights. Free forever.

More comparisons

ASBFF vs SCHDASBFF vs JEPIASBFF vs OASBFF vs KOASBFF vs MAIN

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