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CRDE vs GBDC: Dividend Comparison 2026

CRDE yields 1.05% · GBDC yields 11.86%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $15.43M in total portfolio value
10 years
CRDE
CRDE
● Live price
1.05%
Share price
$19,000.00
Annual div
$200.00
5Y div CAGR
100%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$5.42M
Annual income
$4,585,921.24
Full CRDE 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 — CRDE vs GBDC

📍 GBDC 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 PeriodCRDEGBDC
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, CRDE + GBDC cover 0 of 12 monthsgood coverage

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

CRDE
Annual income on $10K today (after 15% tax)
$89.47/yr
After 10yr DRIP, annual income (after tax)
$3,898,033.05/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 $10,085,090.70/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 CRDE + GBDC for your $10,000?

CRDE: 50%GBDC: 50%
100% GBDC50/50100% CRDE
Portfolio after 10yr
$13.14M
Annual income
$10,518,327.54/yr
Blended yield
80.07%
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Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

CRDE
No analyst data
Altman Z
4.3
Piotroski
3/9
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)

CRDE buys
0
GBDC buys
0
No recent congressional trades found for CRDE or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricCRDEGBDC
Forward yield1.05%11.86%
Annual dividend / share$200.00$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR100%51.1%
Portfolio after 10y$5.42M$20.85M
Annual income after 10y$4,585,921.24$16,450,733.83
Total dividends collected$5.33M$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearCRDE PortfolioCRDE Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$10,911$210.53$12,492$1,791.70$1.6KGBDC
2$12,104$429.34$16,527$3,160.58$4.4KGBDC
3$13,841$890.25$23,588$5,904.90$9.7KGBDC
4$16,713$1,902.90$37,141$11,901.65$20.4KGBDC
5$22,178$4,294.80$66,205$26,463.38$44.0KGBDC
6$34,383$10,652.50$137,452$66,612.65$103.1KGBDC
7$67,658$30,868.91$342,372$195,298.53$274.7KGBDC
8$185,935$113,540.38$1,053,292$686,954.33$867.4KGBDC
9$782,176$583,225.47$4,111,439$2,984,416.95$3.33MGBDC
10$5,422,849$4,585,921.24$20,849,974$16,450,733.83$15.43MGBDC

CRDE vs GBDC: Complete Analysis 2026

CRDEStock

Cardinal Ethanol, LLC engages in production and sale of fuel-grade ethanol, distiller grains, corn oil, and raw carbon dioxide in the continental United States. The company's ethanol is used as an octane enhancer in fuels; an oxygenated fuel additive for reducing ozone and carbon monoxide emissions; and a non-petroleum-based gasoline substitute. It also offers distillers grains for applications as animal feed supplement for dairy, beef, poultry, and swine industries; corn oil that is used as a feed ingredient, feedstock to produce biodiesel, and for other industrial uses; and carbon dioxide gas. The company markets and distributes its products directly, as well as through third party brokers. It also exports its products. The company was formerly known as Indiana Ethanol, LLC and changed its name to Cardinal Ethanol, LLC in September 2005. Cardinal Ethanol, LLC was incorporated in 2005 and is based in Union City, Indiana.

Full CRDE 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.