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AVHNF vs GBDC: Dividend Comparison 2026

AVHNF yields 1.57% · GBDC yields 11.85%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $20.54M in total portfolio value
10 years
AVHNF
AVHNF
● Live price
1.57%
Share price
$275.00
Annual div
$4.31
5Y div CAGR
64.2%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$236.9K
Annual income
$125,968.43
Full AVHNF 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 — AVHNF 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 PeriodAVHNFGBDC
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, AVHNF + GBDC cover 0 of 12 monthsgood coverage

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

Tax Bracket Optimizer

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

AVHNF
Annual income on $10K today (after 15% tax)
$133.22/yr
After 10yr DRIP, annual income (after tax)
$107,073.17/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, GBDC beats the other by $13,823,800.73/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

AVHNF: 50%GBDC: 50%
100% GBDC50/50100% AVHNF
Portfolio after 10yr
$10.51M
Annual income
$8,257,615.91/yr
Blended yield
78.60%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

AVHNF
Analyst Ratings
1
Hold
Consensus: Hold
Altman Z
1.0
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)

AVHNF buys
0
GBDC buys
0
No recent congressional trades found for AVHNF or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricAVHNFGBDC
Forward yield1.57%11.85%
Annual dividend / share$4.31$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR64.2%51.1%
Portfolio after 10y$236.9K$20.78M
Annual income after 10y$125,968.43$16,389,263.41
Total dividends collected$205.8K$20.36M
Payment frequencyquarterlyquarterly
SectorStockBDC
Analyst consensusHoldBuy

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

YearAVHNF PortfolioAVHNF Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$10,957$257.35$12,490$1,790.28$1.5KGBDC
2$12,157$432.73$16,522$3,157.73$4.4KGBDC
3$13,745$736.76$23,578$5,898.68$9.8KGBDC
4$15,985$1,278.28$37,115$11,886.75$21.1KGBDC
5$19,386$2,281.37$66,136$26,423.57$46.8KGBDC
6$24,988$4,245.65$137,257$66,491.44$112.3KGBDC
7$35,136$8,398.26$341,734$194,868.54$306.6KGBDC
8$55,717$18,121.39$1,050,788$685,133.02$995.1KGBDC
9$103,715$44,097.81$4,099,314$2,974,971.01$4.00MGBDC
10$236,943$125,968.43$20,775,530$16,389,263.41$20.54MGBDC

AVHNF vs GBDC: Complete Analysis 2026

AVHNFStock

Ackermans & Van Haaren NV engages in the marine engineering and contracting, private banking, real estate and senior care, and energy and resources businesses worldwide. The company operates through five segments: Marine Engineering & Contracting, Private Banking, Real Estate & Senior Care, Energy & Resources, and AvH & Growth Capital. It engages in the marine construction activities, including dredging and civil works on water, as well as offshore activities in the areas of renewable energy, oil and gas, soil and sludge remediation, and aggregate and mineral extraction; real estate development activities; and development of port projects and related industrial zones, as well as offshore wind farms. The company also offers asset management services for various private clients; advisory banking services for entrepreneurs and liberal professionals; and car finance and leasing services through car dealers. In addition, it develops residential and mixed projects; invests in retail and office properties; provides accommodation and care for the elderly; and operates retirement homes. Further, the company produces crude palm oil, rubber, banana, and tea products; manufactures cement; and offers advice, automation, and maintenance services for life science, tank terminal, food and beverage, infrastructure, and chemistry markets. Additionally, it engages in the production and sale of compact biogas installations. Ackermans & Van Haaren NV was founded in 1876 and is headquartered in Antwerp, Belgium.

Full AVHNF 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.