Is CPWIF or GBDC a better dividend investment in 2026?

CPWIF currently yields 5.08% with a 5% 5-year dividend growth rate. GBDC yields 11.85% with 5% growth. The better choice depends on your goal: GBDC offers higher current income.

What is the dividend yield difference between CPWIF and GBDC?

CPWIF has a forward dividend yield of 5.08% ($0.02/share annually). GBDC yields 11.85% ($1.50/share annually). The yield gap is 6.77 percentage points.

Home › Compare › CPWIF vs GBDC

CPWIF vs GBDC: Dividend Comparison 2026

CPWIF yields 5.08% · GBDC yields 11.85%● Live data

vsPost on X →

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

🏆 CPWIF wins by $6.97M in total portfolio value· pulled ahead in Year 10

INVESTMENT

TIME HORIZON10 years

CPWIF

● Live price

5.08%

Share price

$0.44

Annual div

$0.02

5Y div CAGR

71.9%

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$27.75M

Annual income

$23,676,788.51

Full CPWIF calculator →

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 — CPWIF vs GBDC

📍 CPWIF pulled ahead of the other in Year 10

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	CPWIF	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, CPWIF + GBDC cover 0 of 12 months — good coverage

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

CPWIF pays

GBDC pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

CPWIF

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

$431.65/yr

After 10yr DRIP, annual income (after tax)

$20,125,270.23/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, CPWIF beats the other by $6,194,396.34/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 CPWIF + GBDC for your $10,000?

CPWIF: 50%GBDC: 50%

100% GBDC50/50100% CPWIF

Portfolio after 10yr

$24.26M

Annual income

$20,033,025.96/yr

Blended yield

82.57%

📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

CPWIF

No analyst data

Altman Z

0.5

Piotroski

5/9

GBDC

Analyst Ratings

Buy

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)

CPWIF buys

GBDC buys

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

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

MetricCPWIFGBDC

Forward yield	5.08%	11.85% ✓
Annual dividend / share	$0.02	$1.50 ✓
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	71.9% ✓	51.1%
Portfolio after 10y	$27.75M ✓	$20.78M
Annual income after 10y	$23,676,788.51 ✓	$16,389,263.41
Total dividends collected	$27.39M ✓	$20.36M
Payment frequency	quarterly	quarterly
Sector	Stock	BDC

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

Year	CPWIF Portfolio	CPWIF Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1	$11,573	$872.95	$12,490	$1,790.28	$917.00 → GBDC
2	$14,006	$1,623.02	$16,522	$3,157.73	$2.5K → GBDC
3	$18,142	$3,155.65	$23,578	$5,898.68	$5.4K → GBDC
4	$25,979	$6,566.79	$37,115	$11,886.75	$11.1K → GBDC
5	$42,904	$15,106.97	$66,136	$26,423.57	$23.2K → GBDC
6	$85,990	$40,082.09	$137,257	$66,491.44	$51.3K → GBDC
7	$221,068	$129,058.80	$341,734	$194,868.54	$120.7K → GBDC
8	$769,581	$533,038.43	$1,050,788	$685,133.02	$281.2K → GBDC
9	$3,804,571	$2,981,119.33	$4,099,314	$2,974,971.01	$294.7K → GBDC
10← crossover	$27,747,680	$23,676,788.51	$20,775,530	$16,389,263.41	+$6.97M → CPWIF

CPWIF vs GBDC: Complete Analysis 2026

CPWIF — Stock

China Power International Development Limited, an investment holding company, develops, constructs, owns, operates, and manages power plants in the People's Republic of China. The company operates through Coal-Fired Electricity, Hydropower Electricity, and Photovoltaic Power Electricity segments. It generates, distributes, and sells electricity through coal-fired, hydro, wind, and photovoltaic power plants. The company provides coal management and consultancy, and logistic services; and owns and operates hotels. China Power International Development Limited was incorporated in 2004 and is based in Wan Chai, Hong Kong.

Full CPWIF 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.