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BTLCY vs GBDC: Dividend Comparison 2026

BTLCY yields 4.21% · 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
BTLCY
BTLCY
● Live price
4.21%
Share price
$4.83
Annual div
$0.20
5Y div CAGR
-27.6%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$21.4K
Annual income
$18.15
Full BTLCY 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 — BTLCY 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 PeriodBTLCYGBDC
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, BTLCY + GBDC cover 0 of 12 monthsgood coverage

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

Tax Bracket Optimizer

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

BTLCY
Annual income on $10K today (after 15% tax)
$358.20/yr
After 10yr DRIP, annual income (after tax)
$15.43/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 $13,930,858.47/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

BTLCY: 50%GBDC: 50%
100% GBDC50/50100% BTLCY
Portfolio after 10yr
$10.40M
Annual income
$8,194,640.78/yr
Blended yield
78.81%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

BTLCY
Analyst Ratings
1
Buy
1
Hold
Consensus: Buy
Altman Z
1.5
Piotroski
4/9
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)

BTLCY buys
0
GBDC buys
0
No recent congressional trades found for BTLCY or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricBTLCYGBDC
Forward yield4.21%11.85%
Annual dividend / share$0.20$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR-27.6%51.1%
Portfolio after 10y$21.4K$20.78M
Annual income after 10y$18.15$16,389,263.41
Total dividends collected$1.1K$20.36M
Payment frequencyquarterlyquarterly
SectorStockBDC
Analyst consensusBuyBuy

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

YearBTLCY PortfolioBTLCY Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$11,005$305.10$12,490$1,790.28$1.5KGBDC
2$12,003$227.19$16,522$3,157.73$4.5KGBDC
3$13,010$167.66$23,578$5,898.68$10.6KGBDC
4$14,044$122.97$37,115$11,886.75$23.1KGBDC
5$15,117$89.82$66,136$26,423.57$51.0KGBDC
6$16,241$65.42$137,257$66,491.44$121.0KGBDC
7$17,425$47.55$341,734$194,868.54$324.3KGBDC
8$18,679$34.52$1,050,788$685,133.02$1.03MGBDC
9$20,012$25.04$4,099,314$2,974,971.01$4.08MGBDC
10$21,431$18.15$20,775,530$16,389,263.41$20.75MGBDC

BTLCY vs GBDC: Complete Analysis 2026

BTLCYStock

Our portfolio of high quality UK commercial property is focused on London Offices and Retail around the UK. We own or manage a portfolio valued at £13.7bn (British Land share: £10.3bn) as at 30 September 2020 making us one of Europe's largest listed real estate investment companies. Our strategy is to provide places which meet the needs of our customers and respond to changing lifestyles - Places People Prefer. We do this by creating great environments both inside and outside our buildings and use our scale and placemaking skills to enhance and enliven them. This expands their appeal to a broader range of occupiers, creating enduring demand and driving sustainable, long term performance. Our Offices portfolio comprises three office-led campuses in central London as well as high quality standalone buildings and accounts for 65% of our portfolio. Our Retail portfolio is focused on retail parks and shopping centres, and accounts for 31% of our portfolio. Increasingly our focus is on providing a mix of uses and this is most evident at Canada Water, our 53 acre redevelopment opportunity where we have plans to create a new neighbourhood for London. Sustainability is embedded throughout our business. Our places, which are designed to meet high sustainability standards, become part of local communities, provide opportunities for skills development and employment and promote wellbeing. In April 2016 British Land received the Queen's Award for Enterprise: Sustainable Development, the UK's highest accolade for business success for economic, social and environmental achievements over a period of five years.

Full BTLCY 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.