HomeCompareAZRE vs GBDC

AZRE vs GBDC: Dividend Comparison 2026

AZRE yields 118.34% · GBDC yields 11.86%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $12.82M in total portfolio value· pulled ahead in Year 10
10 years
AZRE
AZRE
● Live price
118.34%
Share price
$1.69
Annual div
$2.00
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$8.03M
Annual income
$3,014,923.49
Full AZRE 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 — AZRE vs GBDC

📍 GBDC pulled ahead of the other in Year 10

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 PeriodAZREGBDC
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, AZRE + GBDC cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
AZRE 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.

AZRE
Annual income on $10K today (after 15% tax)
$10,059.17/yr
After 10yr DRIP, annual income (after tax)
$2,562,684.97/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 $11,420,438.79/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

AZRE: 50%GBDC: 50%
100% GBDC50/50100% AZRE
Portfolio after 10yr
$14.44M
Annual income
$9,732,828.67/yr
Blended yield
67.41%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

AZRE
Analyst Ratings
3
Buy
2
Hold
1
Sell
Consensus: Buy
Altman Z
0.1
Piotroski
4/9
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)

AZRE buys
0
GBDC buys
0
No recent congressional trades found for AZRE or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricAZREGBDC
Forward yield118.34%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$8.03M$20.85M
Annual income after 10y$3,014,923.49$16,450,733.83
Total dividends collected$7.29M$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC
Analyst consensusBuyBuy

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

YearAZRE PortfolioAZRE Income/yrGBDC PortfolioGBDC Income/yrGap
1$22,534$11,834.32$12,492$1,791.70+$10.0KAZRE
2$49,035$24,923.21$16,527$3,160.58+$32.5KAZRE
3$103,153$50,685.22$23,588$5,904.90+$79.6KAZRE
4$210,022$99,648.81$37,141$11,901.65+$172.9KAZRE
5$414,339$189,615.20$66,205$26,463.38+$348.1KAZRE
6$792,949$349,606.93$137,452$66,612.65+$655.5KAZRE
7$1,473,753$625,296.70$342,372$195,298.53+$1.13MAZRE
8$2,663,044$1,086,129.08$1,053,292$686,954.33+$1.61MAZRE
9$4,683,678$1,834,220.22$4,111,439$2,984,416.95+$572.2KAZRE
10← crossover$8,026,459$3,014,923.49$20,849,974$16,450,733.83$12.82MGBDC

AZRE vs GBDC: Complete Analysis 2026

AZREStock

Azure Power Global Limited, together with its subsidiaries, engages in the development, construction, ownership, operation, maintenance, and management of renewable energy projects in India. It generates solar energy based on long-term contracts with Indian government energy distribution companies, as well as other non-governmental energy distribution companies and commercial customers. As of March 31, 2021, the company operated 45 utility scale projects with a combined rated capacity of 1,990 MWs. Azure Power Global Limited was founded in 2008 and is based in New Delhi, India.

Full AZRE 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.