HomeCompareAZIHF vs GBDC

AZIHF vs GBDC: Dividend Comparison 2026

AZIHF yields 6.25% · GBDC yields 11.85%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 AZIHF wins by $18.85M in total portfolio value· pulled ahead in Year 9
10 years
AZIHF
AZIHF
● Live price
6.25%
Share price
$37.13
Annual div
$2.32
5Y div CAGR
68.9%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$39.63M
Annual income
$33,966,726.78
Full AZIHF 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 — AZIHF vs GBDC

📍 AZIHF pulled ahead of the other in Year 9

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 PeriodAZIHFGBDC
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, AZIHF + GBDC cover 0 of 12 monthsgood coverage

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

Tax Bracket Optimizer

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

AZIHF
Annual income on $10K today (after 15% tax)
$531.11/yr
After 10yr DRIP, annual income (after tax)
$28,871,717.76/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, AZIHF beats the other by $14,940,843.86/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

AZIHF: 50%GBDC: 50%
100% GBDC50/50100% AZIHF
Portfolio after 10yr
$30.20M
Annual income
$25,177,995.09/yr
Blended yield
83.37%
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Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

AZIHF
No analyst data
Altman Z
0.8
Piotroski
6/9
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)

AZIHF buys
0
GBDC buys
2
PoliticianChamberTickerTypeAmountDate
David P. Joyce🏢 House$GBDC▼ Sell$1,001 - $15,0002023-06-30
David P. Joyce🏢 House$GBDC▼ Sell$15,001 - $50,0002023-06-19
David P. Joyce🏢 House$GBDC▼ Sell$15,001 - $50,0002022-07-14
David P. Joyce🏢 House$GBDC▼ Sell$15,001 - $50,0002022-07-12
Teresa Leger Fernandez🏢 House$GBDC▼ Sell$15,001 - $50,0002021-01-20
David P. Joyce🏢 House$GBDC▲ Buy$1,001 - $15,0002020-02-25
David P. Joyce🏢 House$GBDC▲ Buy$15,001 - $50,0002019-05-30
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricAZIHFGBDC
Forward yield6.25%11.85%
Annual dividend / share$2.32$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR68.9%51.1%
Portfolio after 10y$39.63M$20.78M
Annual income after 10y$33,966,726.78$16,389,263.41
Total dividends collected$39.14M$20.36M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearAZIHF PortfolioAZIHF Income/yrGBDC PortfolioGBDC Income/yrGap
1$11,755$1,055.34$12,490$1,790.28$735.00GBDC
2$14,536$1,958.28$16,522$3,157.73$2.0KGBDC
3$19,377$3,822.47$23,578$5,898.68$4.2KGBDC
4$28,776$8,042.78$37,115$11,886.75$8.3KGBDC
5$49,644$18,853.90$66,136$26,423.57$16.5KGBDC
6$104,463$51,343.73$137,257$66,491.44$32.8KGBDC
7$282,316$170,541.04$341,734$194,868.54$59.4KGBDC
8$1,029,606$727,527.46$1,050,788$685,133.02$21.2KGBDC
9← crossover$5,289,909$4,188,230.52$4,099,314$2,974,971.01+$1.19MAZIHF
10$39,626,929$33,966,726.78$20,775,530$16,389,263.41+$18.85MAZIHF

AZIHF vs GBDC: Complete Analysis 2026

AZIHFStock

Azimut Holding S.p.A. operates in the asset management sector. It distributes, manages, and promotes financial and insurance products in Italy, Luxembourg, Ireland, China, Principality of Monaco, Switzerland, Singapore, Brazil, Mexico, Taiwan, Chile, the United States, Australia, Turkey, the United Arab Emirates, and Egypt. It sells and manages Italian mutual funds and Italian alternative investment funds, as well as individual investment portfolios; and distributes group and third-party products in Italy through a network of financial advisors. The company also manages multi strategy funds; and offers life insurance products. Azimut Holding S.p.A. was incorporated in 1989 and is headquartered in Milan, Italy.

Full AZIHF 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.