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CDNIF vs GBDC: Dividend Comparison 2026

CDNIF yields 6.94% · GBDC yields 11.86%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 CDNIF wins by $166.14M in total portfolio value· pulled ahead in Year 6
10 years
CDNIF
CDNIF
● Live price
6.94%
Share price
$34.17
Annual div
$2.37
5Y div CAGR
74.2%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$186.99M
Annual income
$168,425,188.16
Full CDNIF 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 — CDNIF vs GBDC

📍 CDNIF pulled ahead of the other in Year 6

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 PeriodCDNIFGBDC
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, CDNIF + GBDC cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
CDNIF pays
GBDC pays
Both pay
Neither
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Tax Bracket Optimizer

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

CDNIF
Annual income on $10K today (after 15% tax)
$589.55/yr
After 10yr DRIP, annual income (after tax)
$143,161,409.94/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, CDNIF beats the other by $129,178,286.18/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

CDNIF: 50%GBDC: 50%
100% GBDC50/50100% CDNIF
Portfolio after 10yr
$103.92M
Annual income
$92,437,961.00/yr
Blended yield
88.95%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

CDNIF
No analyst data
Altman Z
2.6
Piotroski
7/9
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)

CDNIF buys
0
GBDC buys
0
No recent congressional trades found for CDNIF or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricCDNIFGBDC
Forward yield6.94%11.86%
Annual dividend / share$2.37$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR74.2%51.1%
Portfolio after 10y$186.99M$20.85M
Annual income after 10y$168,425,188.16$16,450,733.83
Total dividends collected$185.53M$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearCDNIF PortfolioCDNIF Income/yrGBDC PortfolioGBDC Income/yrGap
1$11,908$1,208.24$12,492$1,791.70$584.00GBDC
2$15,084$2,342.41$16,527$3,160.58$1.4KGBDC
3$20,971$4,830.62$23,588$5,904.90$2.6KGBDC
4$33,372$10,933.48$37,141$11,901.65$3.8KGBDC
5$64,035$28,326.54$66,205$26,463.38$2.2KGBDC
6← crossover$157,006$88,488.99$137,452$66,612.65+$19.6KCDNIF
7$521,224$353,227.53$342,372$195,298.53+$178.9KCDNIF
8$2,466,801$1,909,091.14$1,053,292$686,954.33+$1.41MCDNIF
9$17,349,069$14,709,591.63$4,111,439$2,984,416.95+$13.24MCDNIF
10$186,988,692$168,425,188.16$20,849,974$16,450,733.83+$166.14MCDNIF

CDNIF vs GBDC: Complete Analysis 2026

CDNIFStock

Logista Integral SA engages in the provision of logistics services. The company provides various products & services, including tobacco and related tobacco products, convenience goods, documents and electronic devices (such as mobile phone and travel card top-ups), drugs, books, newspapers, and lottery tickets. It operates through the following geographical segments: Spain, France, Italy & Portugal. The company was founded in 1999 and is headquartered in Leganes, Spain.

Full CDNIF 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.