Is CLSPF or GBDC a better dividend investment in 2026?

CLSPF currently yields 17.65% with a 5% 5-year dividend growth rate. GBDC yields 4.00% with 5% growth. The better choice depends on your goal: CLSPF offers higher current income.

What is the dividend yield difference between CLSPF and GBDC?

CLSPF has a forward dividend yield of 17.65% ($0.87/share annually). GBDC yields 4.00% ($2.00/share annually). The yield gap is 13.65 percentage points.

Home › Compare › CLSPF vs GBDC

CLSPF vs GBDC: Dividend Comparison 2026

CLSPF yields 17.65% · GBDC yields 4.00%● Live data

vsPost on X →

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

🏆 CLSPF wins by $23569713.07M in total portfolio value

INVESTMENT

TIME HORIZON10 years

CLSPF

● Live price

17.65%

Share price

$4.92

Annual div

$0.87

5Y div CAGR

100%

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$23569713.10M

Annual income

$23,315,913,716,828.90

Full CLSPF calculator →

GBDC

● Live price

4.00%

Share price

$50.00

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$28.0K

Annual income

$899.19

Full GBDC calculator →

Portfolio growth — CLSPF vs GBDC

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

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

CLSPF pays

GBDC pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

CLSPF

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

$1,500.09/yr

After 10yr DRIP, annual income (after tax)

$19,818,526,659,304.56/yr

GBDC

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

$340.00/yr

After 10yr DRIP, annual income (after tax)

$764.31/yr

At 15% tax rate, CLSPF beats the other by $19,818,526,658,540.25/year in after-tax income after 10 years on $10,000

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Lazy Portfolio Split Optimizer

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

CLSPF: 50%GBDC: 50%

100% GBDC50/50100% CLSPF

Portfolio after 10yr

$11784856.56M

Annual income

$11,657,956,858,864.05/yr

Blended yield

98.92%

📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

CLSPF

No analyst data

Altman Z

1.5

Piotroski

5/9

GBDC

Analyst Ratings

Buy

Hold

Consensus: Buy

Price Target

$14.00

-72.0% 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)

CLSPF buys

GBDC buys

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

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

MetricCLSPFGBDC

Forward yield	17.65% ✓	4.00%
Annual dividend / share	$0.87	$2.00 ✓
Payout ratio	50%	50%
1-year div growth	0%	5% ✓
5-year div CAGR	100% ✓	5%
Portfolio after 10y	$23569713.10M ✓	$28.0K
Annual income after 10y	$23,315,913,716,828.90 ✓	$899.19
Total dividends collected	$23552788.62M ✓	$6.4K
Payment frequency	quarterly	quarterly
Sector	Stock	BDC

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

Year	CLSPF Portfolio	CLSPF Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1← crossover	$14,230	$3,529.63	$11,120	$420.00	+$3.1K → CLSPF
2	$24,614	$9,387.93	$12,357	$458.31	+$12.3K → CLSPF
3	$56,689	$30,352.74	$13,721	$499.76	+$43.0K → CLSPF
4	$191,326	$130,668.12	$15,227	$544.58	+$176.1K → CLSPF
5	$1,029,023	$824,304.89	$16,885	$593.02	+$1.01M → CLSPF
6	$9,387,839	$8,286,784.14	$18,713	$645.34	+$9.37M → CLSPF
7	$151,354,905	$141,309,916.81	$20,724	$701.81	+$151.33M → CLSPF
8	$4,420,381,752	$4,258,432,003.93	$22,938	$762.73	+$4420.36M → CLSPF
9	$237,195,685,690	$232,465,877,215.34	$25,372	$828.41	+$237195.66M → CLSPF
10	$23,569,713,100,517	$23,315,913,716,828.90	$28,047	$899.19	+$23569713.07M → CLSPF

CLSPF vs GBDC: Complete Analysis 2026

CLSPF — Stock

Canadian Life Companies Split Corp. is a closed-ended equity mutual fund launched and managed by Quadravest Capital Management Inc. It invests in the public equity markets of Canada. The fund seeks to invest in stocks of companies operating in the life insurance sector. It primarily invests in stocks of four publicly traded life insurance companies namely Great-West Lifeco Inc., Industrial Alliance Insurance and Financial Services Inc., Manulife Financial Corporation, and Sun Life Financial Inc. The fund employs fundamental analysis with a focus on such factors as a firm's earning history, relative price-earnings multiple, cash flow, dividend yield, market position, and growth prospects to create its portfolio. It benchmarks the performance of its portfolio against the S&P TSX Financial Index. Canadian Life Companies Split Corp. was formed on April 18, 2005 and is domiciled in Canada.

Full CLSPF Calculator →

GBDC — BDC

GBDC is a dividend-paying stock. Use this calculator to estimate your future dividend income, DRIP compounding returns, and passive income potential from investing in GBDC shares.

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.