HomeCompareBNL vs TCPC

BNL vs TCPC: Dividend Comparison 2026

BNL yields 6.24% · TCPC yields 28.25%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 BNL wins by $3097.42M in total portfolio value· pulled ahead in Year 3
10 years
BNL
BNL
● Live price
6.24%
Share price
$18.58
Annual div
$1.16
5Y div CAGR
90.5%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$3097.47M
Annual income
$2,949,808,590.07
Full BNL calculator →
TCPC
TCPC
● Live price
28.25%
Share price
$3.54
Annual div
$1.00
5Y div CAGR
-15.2%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$49.0K
Annual income
$1,317.64
Full TCPC calculator →

Portfolio growth — BNL vs TCPC

📍 BNL pulled ahead of the other in Year 3

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 PeriodBNLTCPC
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, BNL + TCPC cover 0 of 12 monthsgood coverage

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

Tax Bracket Optimizer

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

BNL
Annual income on $10K today (after 15% tax)
$530.68/yr
After 10yr DRIP, annual income (after tax)
$2,507,337,301.56/yr
TCPC
Annual income on $10K today (after 15% tax)
$2,401.13/yr
After 10yr DRIP, annual income (after tax)
$1,119.99/yr
At 15% tax rate, BNL beats the other by $2,507,336,181.57/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

What's the optimal mix of BNL + TCPC for your $10,000?

BNL: 50%TCPC: 50%
100% TCPC50/50100% BNL
Portfolio after 10yr
$1548.76M
Annual income
$1,474,904,953.86/yr
Blended yield
95.23%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on BNL right now

BNL
Analyst Ratings
8
Buy
3
Hold
1
Sell
Consensus: Buy
Price Target
$20.00
+7.6% upside vs current
Range: $19.00 — $21.00
Altman Z
1.9
Piotroski
7/9
TCPC
Analyst Ratings
4
Buy
7
Hold
2
Sell
Consensus: Hold
Price Target
$8.00
+126.0% upside vs current
Range: $8.00 — $8.00
Altman Z
-1.0
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)

BNL buys
0
TCPC buys
0
No recent congressional trades found for BNL or TCPC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricBNLTCPC
Forward yield6.24%28.25%
Annual dividend / share$1.16$1.00
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR90.5%-15.2%
Portfolio after 10y$3097.47M$49.0K
Annual income after 10y$2,949,808,590.07$1,317.64
Total dividends collected$3086.94M$20.5K
Payment frequencyquarterlyquarterly
SectorREITBDC
Analyst consensusBuyHold
Analyst price target$20.00$8.00

Year-by-year: BNL vs TCPC ($10,000, DRIP)

YearBNL PortfolioBNL Income/yrTCPC PortfolioTCPC Income/yrGap
1$11,889$1,189.34$13,095$2,395.48$1.2KTCPC
2$15,239$2,517.54$16,498$2,486.14$1.3KTCPC
3← crossover$22,051$5,745.00$20,135$2,482.31+$1.9KBNL
4$38,395$14,800.17$23,946$2,400.99+$14.4KBNL
5$86,962$45,879.88$27,885$2,262.94+$59.1KBNL
6$278,059$185,009.22$31,926$2,088.46+$246.1KBNL
7$1,350,723$1,053,200.21$36,055$1,894.98+$1.31MBNL
8$10,553,881$9,108,607.18$40,275$1,696.08+$10.51MBNL
9$138,002,119$126,709,466.70$44,596$1,501.51+$137.96MBNL
10$3,097,470,858$2,949,808,590.07$49,035$1,317.64+$3097.42MBNL

BNL vs TCPC: Complete Analysis 2026

BNLREIT

BNL is an internally-managed REIT that acquires, owns, and manages primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. The Company utilizes an investment strategy underpinned by strong fundamental credit analysis and prudent real estate underwriting. As of September 30, 2020, BNL's diversified portfolio consisted of 627 properties in 41 U.S. states and one property in Canada across the industrial, healthcare, restaurant, office, and retail property types, with an aggregate gross asset value of approximately $4.0 billion.

Full BNL Calculator →

TCPCBDC

BlackRock TCP Capital Corp. is a business development company specializing in direct equity and debt investments in middle-market, debt securities, senior secured loans, junior loans, originated loans, mezzanine, senior debt instruments, bonds, and secondary-market investments. It typically invests in communication services, public relations services, television, wireless telecommunication services, apparel, textile mills, restaurants, retailing, energy, oil and gas extraction, Patent owners and Lessors, Federal and Federally- Sponsored Credit agencies, insurance, hospital and healthcare centers, Biotechnology, engineering services, heavy electrical equipment, tax accounting, scientific and related consulting services, charter freight air transportation, Information technology consulting, application hosting services, software diagram and design, computer aided design, communication equipment, electronics manufacturing equipment, computer components, chemicals. It seeks to invest in the United States. The fund typically invests between $10 million and $35 million in companies with enterprise values between $100 million and $1500 million including complex situations. It prefers to make equity investments in companies for an ownership stake.

Full TCPC 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.