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DSE vs GBDC: Dividend Comparison 2026

DSE yields 357.85% · GBDC yields 11.86%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 DSE wins by $5103.38M in total portfolio value
10 years
DSE
DSE
● Live price
357.85%
Share price
$9.49
Annual div
$33.96
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$5124.23M
Annual income
$3,306,566,634.74
Full DSE 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 — DSE vs GBDC

📍 DSE 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 PeriodDSEGBDC
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, DSE + GBDC cover 0 of 12 monthsgood coverage

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

DSE
Annual income on $10K today (after 15% tax)
$30,417.28/yr
After 10yr DRIP, annual income (after tax)
$2,810,581,639.53/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, DSE beats the other by $2,796,598,515.77/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 DSE + GBDC for your $10,000?

DSE: 50%GBDC: 50%
100% GBDC50/50100% DSE
Portfolio after 10yr
$2572.54M
Annual income
$1,661,508,684.29/yr
Blended yield
64.59%
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Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

DSE
No analyst data
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)

DSE buys
0
GBDC buys
0
No recent congressional trades found for DSE or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricDSEGBDC
Forward yield357.85%11.86%
Annual dividend / share$33.96$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR0%51.1%
Portfolio after 10y$5124.23M$20.85M
Annual income after 10y$3,306,566,634.74$16,450,733.83
Total dividends collected$4951.61M$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearDSE PortfolioDSE Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$46,485$35,785.04$12,492$1,791.70+$34.0KDSE
2$205,203$155,464.37$16,527$3,160.58+$188.7KDSE
3$860,952$641,384.38$23,588$5,904.90+$837.4KDSE
4$3,436,167$2,514,948.31$37,141$11,901.65+$3.40MDSE
5$13,057,514$9,380,815.87$66,205$26,463.38+$12.99MDSE
6$47,286,792$33,315,251.56$137,452$66,612.65+$47.15MDSE
7$163,352,606$112,755,738.92$342,372$195,298.53+$163.01MDSE
8$538,820,573$364,033,284.16$1,053,292$686,954.33+$537.77MDSE
9$1,698,751,328$1,122,213,314.50$4,111,439$2,984,416.95+$1694.64MDSE
10$5,124,230,555$3,306,566,634.74$20,849,974$16,450,733.83+$5103.38MDSE

DSE vs GBDC: Complete Analysis 2026

DSEStock

Duff & Phelps Select MLP and Midstream Energy Fund Inc. (the Fund), formerly Duff & Phelps Select Energy MLP Fund Inc., is a non-diversified, closed-end management investment company. The Fund invests at least 80% of its managed assets in energy master limited partnerships (MLPs) and midstream energy companies that are not organized as MLPs. The Fund may invest up to 20% of its managed assets in securities of issuers either in the energy sector and that are not MLPs or that produce products that are primarily for the use of companies in the energy sector (such as sand miners, certain chemical companies and coking coal processors). The Fund invests in midstream energy companies that includes entities that gather, process, market and transport energy assets, such as crude oil, natural gas, refined products, and natural gas liquids. Virtus Alternative Investment Advisers, Inc. is the investment advisor to the Fund. Duff & Phelps Investment Management Co. is the sub advisor for the Fund.

Full DSE 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.