HomeCompareCSASF vs GBDC

CSASF vs GBDC: Dividend Comparison 2026

CSASF yields 2.74% · GBDC yields 11.86%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 CSASF wins by $245.34M in total portfolio value· pulled ahead in Year 8
10 years
CSASF
CSASF
● Live price
2.74%
Share price
$23.61
Annual div
$0.65
5Y div CAGR
100%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$266.19M
Annual income
$248,726,029.46
Full CSASF 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 — CSASF vs GBDC

📍 CSASF pulled ahead of the other in Year 8

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 PeriodCSASFGBDC
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%.
📅

Dividend Calendar Overlap

Combined, CSASF + GBDC cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
CSASF pays
GBDC pays
Both pay
Neither
💰

Tax Bracket Optimizer

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

CSASF
Annual income on $10K today (after 15% tax)
$232.60/yr
After 10yr DRIP, annual income (after tax)
$211,417,125.04/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, CSASF beats the other by $197,434,001.29/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

CSASF: 50%GBDC: 50%
100% GBDC50/50100% CSASF
Portfolio after 10yr
$143.52M
Annual income
$132,588,381.65/yr
Blended yield
92.38%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

CSASF
No analyst data
Altman Z
1.4
Piotroski
4/9
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)

CSASF buys
0
GBDC buys
0
No recent congressional trades found for CSASF or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricCSASFGBDC
Forward yield2.74%11.86%
Annual dividend / share$0.65$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR100%51.1%
Portfolio after 10y$266.19M$20.85M
Annual income after 10y$248,726,029.46$16,450,733.83
Total dividends collected$264.87M$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearCSASF PortfolioCSASF Income/yrGBDC PortfolioGBDC Income/yrGap
1$11,247$547.30$12,492$1,791.70$1.2KGBDC
2$13,185$1,150.59$16,527$3,160.58$3.3KGBDC
3$16,629$2,521.19$23,588$5,904.90$7.0KGBDC
4$23,737$5,943.49$37,141$11,901.65$13.4KGBDC
5$41,256$15,857.55$66,205$26,463.38$24.9KGBDC
6$95,660$51,516.42$137,452$66,612.65$41.8KGBDC
7$325,630$223,273.12$342,372$195,298.53$16.7KGBDC
8← crossover$1,769,033$1,420,609.11$1,053,292$686,954.33+$715.7KCSASF
9$16,318,425$14,425,560.08$4,111,439$2,984,416.95+$12.21MCSASF
10$266,186,745$248,726,029.46$20,849,974$16,450,733.83+$245.34MCSASF

CSASF vs GBDC: Complete Analysis 2026

CSASFStock

Credit Saison Co., Ltd. provides leasing, finance, real estate, entertainment, and payment services in Japan and internationally. The company offers credit cards, prepaid and debit cards, smartphone-based services, and loan collection services; and payment solutions and business support services for corporate activities, as well as marketing solutions. It also engages in the credit guarantee and finance related businesses; leasing of office equipment; servicing business; real estate business; real estate leasing activities; and digital payment and asset management services, as well as develops and manages amusement centers/arcades. The company was formerly known as Seibu Credit Co., Ltd. and changed its name to Credit Saison Co., Ltd. in October 1989. Credit Saison Co., Ltd. was incorporated in 1951 and is headquartered in Tokyo, Japan.

Full CSASF 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.