Is BDCL or FCPT a better dividend investment in 2026?

BDCL currently yields 81.97% with a 5% 5-year dividend growth rate. FCPT yields 6.05% with 5% growth. The better choice depends on your goal: BDCL offers higher current income.

What is the dividend yield difference between BDCL and FCPT?

BDCL has a forward dividend yield of 81.97% ($2.00/share annually). FCPT yields 6.05% ($1.43/share annually). The yield gap is 75.92 percentage points.

Home › Compare › BDCL vs FCPT

BDCL vs FCPT: Dividend Comparison 2026

BDCL yields 81.97% · FCPT yields 6.05%● Live data

vsPost on X →

After 10 years · $10,000 invested · DRIP enabled

🏆 BDCL wins by $1.76M in total portfolio value

INVESTMENT

TIME HORIZON10 years

BDCL

● Live price

81.97%

Share price

$2.44

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$1.81M

Annual income

$532,500.93

Full BDCL calculator →

FCPT

● Live price

6.05%

Share price

$23.65

Annual div

$1.43

5Y div CAGR

15.8%

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$49.1K

Annual income

$5,775.28

Full FCPT calculator →

Portfolio growth — BDCL vs FCPT

📍 BDCL 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 Period	BDCL	FCPT
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, BDCL + FCPT cover 0 of 12 months — good coverage

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

BDCL pays

FCPT pays

Both pay

Neither

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Tax Bracket Optimizer

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

BDCL

Annual income on $10K today (after 15% tax)

$6,967.21/yr

After 10yr DRIP, annual income (after tax)

$452,625.79/yr

FCPT

Annual income on $10K today (after 15% tax)

$514.49/yr

After 10yr DRIP, annual income (after tax)

$4,908.99/yr

At 15% tax rate, BDCL beats the other by $447,716.80/year in after-tax income after 10 years on $10,000

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Lazy Portfolio Split Optimizer

What's the optimal mix of BDCL + FCPT for your $10,000?

BDCL: 50%FCPT: 50%

100% FCPT50/50100% BDCL

Portfolio after 10yr

$929.8K

Annual income

$269,138.11/yr

Blended yield

28.95%

📊

Analyst Conviction Gap

Where Wall Street is most bullish on FCPT right now

BDCL

No analyst data

FCPT

Analyst Ratings

Buy

Hold

Consensus: Hold

Price Target

$27.00

+14.2% upside vs current

Range: $25.00 — $29.00

Altman Z

1.4

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.

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Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

BDCL buys

FCPT buys

No recent congressional trades found for BDCL or FCPT in the last 90 days.

STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →

MetricBDCLFCPT

Forward yield	81.97% ✓	6.05%
Annual dividend / share	$2.00 ✓	$1.43
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	15.8% ✓
Portfolio after 10y	$1.81M	$49.1K ✓
Annual income after 10y	$532,500.93 ✓	$5,775.28
Total dividends collected	$1.58M	$24.1K ✓
Payment frequency	quarterly	quarterly
Sector	Stock	REIT

Year-by-year: BDCL vs FCPT ($10,000, DRIP)

Year	BDCL Portfolio	BDCL Income/yr	FCPT Portfolio	FCPT Income/yr	Gap
1← crossover	$18,897	$8,196.72	$11,401	$700.92	+$7.5K → BDCL
2	$34,695	$14,475.81	$13,064	$864.84	+$21.6K → BDCL
3	$61,963	$24,839.52	$15,051	$1,072.48	+$46.9K → BDCL
4	$107,761	$41,459.57	$17,442	$1,337.22	+$90.3K → BDCL
5	$182,689	$67,385.23	$20,340	$1,677.08	+$162.3K → BDCL
6	$302,243	$106,766.16	$23,880	$2,116.57	+$278.4K → BDCL
7	$488,480	$165,079.92	$28,241	$2,689.36	+$460.2K → BDCL
8	$772,019	$249,345.07	$33,660	$3,442.07	+$738.4K → BDCL
9	$1,194,357	$368,296.79	$40,456	$4,439.95	+$1.15M → BDCL
10	$1,810,463	$532,500.93	$49,063	$5,775.28	+$1.76M → BDCL

BDCL vs FCPT: Complete Analysis 2026

BDCL — Stock

The investment seeks to replicate, net of expenses, twice the performance of the Wells Fargo Business Development Company Index. The index is a float adjusted, capitalization-weighted index that is intended to measure the performance of all Business Development Companies (âBDCâ) that are listed on the New York Stock Exchange or NASDAQ and satisfy specified market capitalization and other eligibility requirements. The BDC business model is to lend to small and midsized companies at high yield equivalent rates while also at times taking equity stakes in such companies.

Full BDCL Calculator →

FCPT — REIT

FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the acquisition and leasing of restaurant properties. The Company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries.

Full FCPT 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.