HomeCompareBSMAF vs GBDC

BSMAF vs GBDC: Dividend Comparison 2026

BSMAF yields 5.27% · GBDC yields 11.86%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 BSMAF wins by $8237.69M in total portfolio value· pulled ahead in Year 4
10 years
BSMAF
BSMAF
● Live price
5.27%
Share price
$1.31
Annual div
$0.07
5Y div CAGR
100%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$8258.54M
Annual income
$7,967,869,612.26
Full BSMAF 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 — BSMAF vs GBDC

📍 BSMAF pulled ahead of the other in Year 4

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 PeriodBSMAFGBDC
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%.
📅

Dividend Calendar Overlap

Combined, BSMAF + GBDC cover 0 of 12 monthsgood coverage

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

Tax Bracket Optimizer

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

BSMAF
Annual income on $10K today (after 15% tax)
$447.61/yr
After 10yr DRIP, annual income (after tax)
$6,772,689,170.42/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, BSMAF beats the other by $6,758,706,046.67/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

BSMAF: 50%GBDC: 50%
100% GBDC50/50100% BSMAF
Portfolio after 10yr
$4139.70M
Annual income
$3,992,160,173.05/yr
Blended yield
96.44%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

BSMAF
No analyst data
Altman Z
0.9
Piotroski
6/9
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)

BSMAF buys
0
GBDC buys
0
No recent congressional trades found for BSMAF or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricBSMAFGBDC
Forward yield5.27%11.86%
Annual dividend / share$0.07$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR100%51.1%
Portfolio after 10y$8258.54M$20.85M
Annual income after 10y$7,967,869,612.26$16,450,733.83
Total dividends collected$8238.23M$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearBSMAF PortfolioBSMAF Income/yrGBDC PortfolioGBDC Income/yrGap
1$11,753$1,053.19$12,492$1,791.70$739.00GBDC
2$14,890$2,313.71$16,527$3,160.58$1.6KGBDC
3$21,411$5,478.77$23,588$5,904.90$2.2KGBDC
4← crossover$37,635$14,725.68$37,141$11,901.65+$494.00BSMAF
5$88,652$48,382.08$66,205$26,463.38+$22.4KBSMAF
6$307,879$213,022.02$137,452$66,612.65+$170.4KBSMAF
7$1,712,247$1,382,816.15$342,372$195,298.53+$1.37MBSMAF
8$16,206,733$14,374,628.35$1,053,292$686,954.33+$15.15MBSMAF
9$271,656,163$254,314,958.62$4,111,439$2,984,416.95+$267.54MBSMAF
10$8,258,541,706$7,967,869,612.26$20,849,974$16,450,733.83+$8237.69MBSMAF

BSMAF vs GBDC: Complete Analysis 2026

BSMAFStock

Bursa Malaysia Berhad, an exchange holding company, provides treasury management, and management and administrative services in Asia. The company operates through four segments: Securities Market, Derivatives Market, Exchange Holding, and Others. It operates and regulates an integrated exchange that offers a range of exchange-related services, such as listing, trading, clearing, settlement, and depository services, as well as offshore listings of bonds and Sukuk and market data services. The company offers equities, derivatives, Islamic market products, bonds, indices, central depository system (CDS) accounts, network access and infrastructure services, BTS2 on boarding, and co-location services. It also provides, operates, and maintains securities, derivatives, and offshore financial exchanges; a clearing house for the securities and derivatives exchanges; a central depository for securities listed on the securities exchange; an electronic trading platform for the bond market; and a Shariah compliant commodity trading platform. In addition, the company compiles, provides, and disseminates prices and other information relating to securities quoted on the securities and derivatives exchanges, as well as data reported from the bond platform. Further, it acts as a nominee for Bursa Malaysia Depository and receives securities on deposit for safe-custody or management; and offers investment alternatives and exchange traded bonds and Sukuk. Bursa Malaysia Berhad was founded in 1930 and is based in Kuala Lumpur, Malaysia.

Full BSMAF 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.