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BNGE vs GBDC: Dividend Comparison 2026

BNGE yields 1.13% · GBDC yields 11.85%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $20.75M in total portfolio value
10 years
BNGE
BNGE
● Live price
1.13%
Share price
$29.53
Annual div
$0.33
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$21.3K
Annual income
$121.13
Full BNGE 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 — BNGE vs GBDC

📍 GBDC 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 PeriodBNGEGBDC
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, BNGE + GBDC cover 0 of 12 monthsgood coverage

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

Tax Bracket Optimizer

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

BNGE
Annual income on $10K today (after 15% tax)
$95.71/yr
After 10yr DRIP, annual income (after tax)
$102.96/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, GBDC beats the other by $13,930,770.94/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

BNGE: 50%GBDC: 50%
100% GBDC50/50100% BNGE
Portfolio after 10yr
$10.40M
Annual income
$8,194,692.27/yr
Blended yield
78.81%
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Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

BNGE
No analyst data
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)

BNGE 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 →
MetricBNGEGBDC
Forward yield1.13%11.85%
Annual dividend / share$0.33$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR0%51.1%
Portfolio after 10y$21.3K$20.78M
Annual income after 10y$121.13$16,389,263.41
Total dividends collected$1.2K$20.36M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearBNGE PortfolioBNGE Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$10,813$112.60$12,490$1,790.28$1.7KGBDC
2$11,683$113.78$16,522$3,157.73$4.8KGBDC
3$12,616$114.90$23,578$5,898.68$11.0KGBDC
4$13,615$115.96$37,115$11,886.75$23.5KGBDC
5$14,685$116.95$66,136$26,423.57$51.5KGBDC
6$15,831$117.89$137,257$66,491.44$121.4KGBDC
7$17,058$118.78$341,734$194,868.54$324.7KGBDC
8$18,372$119.61$1,050,788$685,133.02$1.03MGBDC
9$19,778$120.39$4,099,314$2,974,971.01$4.08MGBDC
10$21,284$121.13$20,775,530$16,389,263.41$20.75MGBDC

BNGE vs GBDC: Complete Analysis 2026

BNGEStock

The First Trust S-Network Streaming & Gaming ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an index called the S-Network Streaming & Gaming Index (the "Index"). The Fund will normally invest at least 80% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Index is developed, maintained and sponsored by S-Network Global Indexes, Inc. (the "Index Provider"). The Index Provider retains the right at any time, upon prior written notice, to modify the Index methodology.

Full BNGE 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.