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BCEL vs GBDC: Dividend Comparison 2026

BCEL yields 2222.22% · GBDC yields 11.86%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 BCEL wins by $26607504667.41M in total portfolio value
10 years
BCEL
BCEL
● Live price
2222.22%
Share price
$0.09
Annual div
$2.00
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$26607504688.26M
Annual income
$24,443,703,761,807,280.00
Full BCEL 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 — BCEL vs GBDC

📍 BCEL 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 PeriodBCELGBDC
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, BCEL + GBDC cover 0 of 12 monthsgood coverage

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

Tax Bracket Optimizer

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

BCEL
Annual income on $10K today (after 15% tax)
$188,888.89/yr
After 10yr DRIP, annual income (after tax)
$20,777,148,197,536,188.00/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, BCEL beats the other by $20,777,148,183,553,064.00/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

BCEL: 50%GBDC: 50%
100% GBDC50/50100% BCEL
Portfolio after 10yr
$13303752354.55M
Annual income
$12,221,851,889,129,006.00/yr
Blended yield
91.87%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

BCEL
Analyst Ratings
4
Buy
4
Hold
Consensus: Buy
Price Target
$4.00
+4344.4% upside vs current
Range: $4.00 — $4.00
Altman Z
-37.6
Piotroski
3/9
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)

BCEL buys
0
GBDC buys
0
No recent congressional trades found for BCEL or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricBCELGBDC
Forward yield2222.22%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$26607504688.26M$20.85M
Annual income after 10y$24,443,703,761,807,280.00$16,450,733.83
Total dividends collected$26455115546.17M$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC
Analyst consensusBuyBuy
Analyst price target$4.00$14.00

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

YearBCEL PortfolioBCEL Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$232,922$222,222.22$12,492$1,791.70+$220.4KBCEL
2$5,086,656$4,837,429.33$16,527$3,160.58+$5.07MBCEL
3$104,173,443$98,730,720.93$23,588$5,904.90+$104.15MBCEL
4$2,001,166,924$1,889,701,340.37$37,141$11,901.65+$2001.13MBCEL
5$36,067,485,611$33,926,237,001.88$66,205$26,463.38+$36067.42MBCEL
6$610,050,404,477$571,458,194,873.63$137,452$66,612.65+$610050.27MBCEL
7$9,686,139,336,337$9,033,385,403,546.24$342,372$195,298.53+$9686138.99MBCEL
8$144,409,519,569,037$134,045,350,479,156.38$1,053,292$686,954.33+$144409518.52MBCEL
9$2,022,243,856,495,371$1,867,725,670,556,501.50$4,111,439$2,984,416.95+$2022243852.38MBCEL
10$26,607,504,688,257,330$24,443,703,761,807,280.00$20,849,974$16,450,733.83+$26607504667.41MBCEL

BCEL vs GBDC: Complete Analysis 2026

BCELStock

Atreca, Inc., a clinical-stage biopharmaceutical company, discovers and develops antibody-based immunotherapeutics to treat a range of solid tumor types. Its lead product candidate is ATRC-101, a monoclonal antibody with a novel mechanism of action and target derived from an antibody identified using its discovery platform. The company's ATRC-101 product candidate reacts in vitro with a majority of human ovarian, non-small cell lung, colorectal, and breast cancer samples from multiple patients. It also developing APN-122597, a receptor tyrosine kinase that target tumor tissues; and ATRC-501/MAM01, that targets the circumsporozoite protein of Plasmodium falciparum for the treatment of malaria. It has a collaboration and license agreement with Xencor, Inc. for research, development, and commercialization of novel CD3 bispecific antibodies in oncology; licensing agreement with the Bill & Melinda Gates Medical Research Institute for the development and commercialization of MAM01/ATRC-501 for the prevention of malaria. Atreca, Inc. was incorporated in 2010 and is based in San Carlos, California.

Full BCEL 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.