Is BTYB or GBDC a better dividend investment in 2026?

BTYB currently yields 1.09% with a 5% 5-year dividend growth rate. GBDC yields 11.86% with 5% growth. The better choice depends on your goal: GBDC offers higher current income.

What is the dividend yield difference between BTYB and GBDC?

BTYB has a forward dividend yield of 1.09% ($0.26/share annually). GBDC yields 11.86% ($1.50/share annually). The yield gap is 10.77 percentage points.

Home › Compare › BTYB vs GBDC

BTYB vs GBDC: Dividend Comparison 2026

BTYB yields 1.09% · GBDC yields 11.86%● Live data

vsPost on X →

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

🏆 GBDC wins by $20.83M in total portfolio value

INVESTMENT

TIME HORIZON10 years

BTYB

● Live price

1.09%

Share price

$24.14

Annual div

$0.26

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$21.2K

Annual income

$117.07

Full BTYB 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 — BTYB vs GBDC

📍 GBDC 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	BTYB	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, BTYB + GBDC cover 0 of 12 months — good coverage

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

BTYB pays

GBDC pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

BTYB

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

$92.71/yr

After 10yr DRIP, annual income (after tax)

$99.51/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, GBDC beats the other by $13,983,024.25/year in after-tax income after 10 years on $10,000

⚖️

Lazy Portfolio Split Optimizer

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

BTYB: 50%GBDC: 50%

100% GBDC50/50100% BTYB

Portfolio after 10yr

$10.44M

Annual income

$8,225,425.45/yr

Blended yield

78.82%

📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

BTYB

No analyst data

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)

BTYB buys

GBDC buys

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

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

MetricBTYBGBDC

Forward yield	1.09%	11.86% ✓
Annual dividend / share	$0.26	$1.50 ✓
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	51.1% ✓
Portfolio after 10y	$21.2K ✓	$20.85M
Annual income after 10y	$117.07	$16,450,733.83 ✓
Total dividends collected	$1.1K	$20.43M ✓
Payment frequency	quarterly	quarterly
Sector	Stock	BDC

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

Year	BTYB Portfolio	BTYB Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1← crossover	$10,809	$109.07	$12,492	$1,791.70	$1.7K → GBDC
2	$11,676	$110.18	$16,527	$3,160.58	$4.9K → GBDC
3	$12,604	$111.23	$23,588	$5,904.90	$11.0K → GBDC
4	$13,599	$112.22	$37,141	$11,901.65	$23.5K → GBDC
5	$14,664	$113.15	$66,205	$26,463.38	$51.5K → GBDC
6	$15,805	$114.03	$137,452	$66,612.65	$121.6K → GBDC
7	$17,026	$114.86	$342,372	$195,298.53	$325.3K → GBDC
8	$18,333	$115.64	$1,053,292	$686,954.33	$1.03M → GBDC
9	$19,733	$116.38	$4,111,439	$2,984,416.95	$4.09M → GBDC
10	$21,231	$117.07	$20,849,974	$16,450,733.83	$20.83M → GBDC

BTYB vs GBDC: Complete Analysis 2026

BTYB — Stock

Tidal Trust III - VistaShares BitBonds 5 Yr Enhanced Weekly Distribution ETF is an exchange traded fund launched and managed by Tidal Investments LLC. The fund is co-managed by Vistashares Advisors LLC. The fund invests in fixed income and currency markets of the United States. For its fixed income portion, the fund invests directly, through derivatives and through other funds in U.S. Treasury securities with remaining maturity of greater than or equal to three years and less than seven years. The fund uses derivatives such as options and futures to create its portfolio. For its currency portion, the fund invests through derivatives and through other funds in bitcoin. Tidal Trust III - VistaShares BitBonds 5 Yr Enhanced Weekly Distribution ETF is domiciled in the United States.

Full BTYB 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.