HomeCompareCNPAY vs GBDC

CNPAY vs GBDC: Dividend Comparison 2026

CNPAY yields 8.36% · GBDC yields 11.85%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 CNPAY wins by $1524.44M in total portfolio value· pulled ahead in Year 3
10 years
CNPAY
CNPAY
● Live price
8.36%
Share price
$11.29
Annual div
$0.94
5Y div CAGR
79.5%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$1545.21M
Annual income
$1,447,164,778.76
Full CNPAY 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 — CNPAY vs GBDC

📍 CNPAY pulled ahead of the other in Year 3

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 PeriodCNPAYGBDC
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, CNPAY + GBDC cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
CNPAY 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.

CNPAY
Annual income on $10K today (after 15% tax)
$710.72/yr
After 10yr DRIP, annual income (after tax)
$1,230,090,061.95/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, CNPAY beats the other by $1,216,159,188.05/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

CNPAY: 50%GBDC: 50%
100% GBDC50/50100% CNPAY
Portfolio after 10yr
$782.99M
Annual income
$731,777,021.08/yr
Blended yield
93.46%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

CNPAY
No analyst data
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)

CNPAY buys
0
GBDC buys
2
PoliticianChamberTickerTypeAmountDate
David P. Joyce🏢 House$GBDC▼ Sell$1,001 - $15,0002023-06-30
David P. Joyce🏢 House$GBDC▼ Sell$15,001 - $50,0002023-06-19
David P. Joyce🏢 House$GBDC▼ Sell$15,001 - $50,0002022-07-14
David P. Joyce🏢 House$GBDC▼ Sell$15,001 - $50,0002022-07-12
Teresa Leger Fernandez🏢 House$GBDC▼ Sell$15,001 - $50,0002021-01-20
David P. Joyce🏢 House$GBDC▲ Buy$1,001 - $15,0002020-02-25
David P. Joyce🏢 House$GBDC▲ Buy$15,001 - $50,0002019-05-30
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricCNPAYGBDC
Forward yield8.36%11.85%
Annual dividend / share$0.94$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR79.5%51.1%
Portfolio after 10y$1545.21M$20.78M
Annual income after 10y$1,447,164,778.76$16,389,263.41
Total dividends collected$1538.05M$20.36M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearCNPAY PortfolioCNPAY Income/yrGBDC PortfolioGBDC Income/yrGap
1$12,201$1,500.87$12,490$1,790.28$289.00GBDC
2$16,127$3,071.95$16,522$3,157.73$395.00GBDC
3← crossover$24,067$6,811.68$23,578$5,898.68+$489.00CNPAY
4$42,806$17,053.53$37,115$11,886.75+$5.7KCNPAY
5$96,684$50,882.30$66,136$26,423.57+$30.5KCNPAY
6$296,250$192,797.87$137,257$66,491.44+$159.0KCNPAY
7$1,308,014$991,026.24$341,734$194,868.54+$966.3KCNPAY
8$8,739,973$7,340,397.80$1,050,788$685,133.02+$7.69MCNPAY
9$91,632,472$82,280,700.98$4,099,314$2,974,971.01+$87.53MCNPAY
10$1,545,211,524$1,447,164,778.76$20,775,530$16,389,263.41+$1524.44MCNPAY

CNPAY vs GBDC: Complete Analysis 2026

CNPAYStock

CNP Assurances SA (ENXTPA:CNP) provides insurance, coinsurance, and reinsurance solutions in France, Latin America, and other European countries. It offers life, accident, long-term care, death and funerals, disability, unemployment, loss of income, health, and dental insurance products; property and casualty insurance, such as home-owner and auto insurance; term creditor and guarantee insurance products, including home and business loans, and consumer finance; solutions in the area of guarantees for real estate loans in private market; and pension plans, as well as support and assistance services. The company was founded in 1850 and is headquartered in Paris, France. CNP Assurances SA (ENXTPA:CNP) operates as a subsidiary of La Banque Postale S.A.

Full CNPAY 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.