Is BLMWF or GBDC a better dividend investment in 2026?

BLMWF currently yields 286.90% with a 5% 5-year dividend growth rate. GBDC yields 11.86% with 5% growth. The better choice depends on your goal: BLMWF offers higher current income.

What is the dividend yield difference between BLMWF and GBDC?

BLMWF has a forward dividend yield of 286.90% ($2.00/share annually). GBDC yields 11.86% ($1.50/share annually). The yield gap is 275.04 percentage points.

Home › Compare › BLMWF vs GBDC

BLMWF vs GBDC: Dividend Comparison 2026

BLMWF yields 286.90% · GBDC yields 11.86%● Live data

vsPost on X →

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

🏆 BLMWF wins by $1102.89M in total portfolio value

INVESTMENT

TIME HORIZON10 years

BLMWF

● Live price

286.90%

Share price

$0.70

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$1123.73M

Annual income

$666,647,638.97

Full BLMWF calculator →

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 — BLMWF vs GBDC

📍 BLMWF pulled ahead of the other in Year 1

Annual dividend income

🛡️

Recession Test — Did They Cut Dividends?

How each stock treated shareholders during the 3 biggest crises of the last 20 years

Crisis Period	BLMWF	GBDC
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, BLMWF + GBDC cover 0 of 12 months — good coverage

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

BLMWF pays

GBDC pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

BLMWF

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

$24,386.75/yr

After 10yr DRIP, annual income (after tax)

$566,650,493.12/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, BLMWF beats the other by $552,667,369.37/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 BLMWF + GBDC for your $10,000?

BLMWF: 50%GBDC: 50%

100% GBDC50/50100% BLMWF

Portfolio after 10yr

$572.29M

Annual income

$341,549,186.41/yr

Blended yield

59.68%

📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

BLMWF

No analyst data

Altman Z

2.3

Piotroski

3/9

GBDC

Analyst Ratings

Buy

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)

BLMWF buys

GBDC buys

No recent congressional trades found for BLMWF or GBDC in the last 90 days.

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

MetricBLMWFGBDC

Forward yield	286.90% ✓	11.86%
Annual dividend / share	$2.00 ✓	$1.50
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	51.1% ✓
Portfolio after 10y	$1123.73M ✓	$20.85M
Annual income after 10y	$666,647,638.97 ✓	$16,450,733.83
Total dividends collected	$1077.22M ✓	$20.43M
Payment frequency	quarterly	quarterly
Sector	Stock	BDC

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

Year	BLMWF Portfolio	BLMWF Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1← crossover	$39,390	$28,690.29	$12,492	$1,791.70	+$26.9K → BLMWF
2	$147,766	$105,618.57	$16,527	$3,160.58	+$131.2K → BLMWF
3	$528,400	$370,290.36	$23,588	$5,904.90	+$504.8K → BLMWF
4	$1,802,892	$1,237,503.78	$37,141	$11,901.65	+$1.77M → BLMWF
5	$5,875,207	$3,946,112.89	$66,205	$26,463.38	+$5.81M → BLMWF
6	$18,304,666	$12,018,194.24	$137,452	$66,612.65	+$18.17M → BLMWF
7	$54,580,030	$34,994,037.82	$342,372	$195,298.53	+$54.24M → BLMWF
8	$155,918,062	$97,517,429.07	$1,053,292	$686,954.33	+$154.86M → BLMWF
9	$427,184,446	$260,352,120.13	$4,111,439	$2,984,416.95	+$423.07M → BLMWF
10	$1,123,734,996	$666,647,638.97	$20,849,974	$16,450,733.83	+$1102.89M → BLMWF

BLMWF vs GBDC: Complete Analysis 2026

BLMWF — Stock

BluMetric Environmental Inc. provides sustainable solutions for environmental issues in Canada and internationally. The company offers consulting services and water treatment systems services in the fields of environmental geosciences and engineering, industrial hygiene, occupational health and safety, renewable energy, water and wastewater treatment, and environmental contracting and management. It also provides environmental site assessment and remediation services, environmental engineering solutions, occupational hygiene and safety, geomatics, and watertech production, operations and maintenance services. In addition, the company offers shipboard reverse osmosis desalinator systems; reverse osmosis water purification units; shipboard oily water separator; sub-unit water purification system; portable water purification systems; and mobile wastewater treatment plants. It serves commercial and industrial customers, military clients, mining, and governments. BluMetric Environmental Inc. was founded in 1976 and is headquartered in Ottawa, Canada.

Full BLMWF Calculator →

GBDC — BDC

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.