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DWMNF vs GBDC: Dividend Comparison 2026

DWMNF yields 1.59% · GBDC yields 11.86%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $20.79M in total portfolio value
10 years
DWMNF
DWMNF
● Live price
1.59%
Share price
$63.06
Annual div
$1.00
5Y div CAGR
43.6%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$55.1K
Annual income
$12,732.43
Full DWMNF 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 — DWMNF 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 PeriodDWMNFGBDC
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, DWMNF + GBDC cover 0 of 12 monthsgood coverage

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

Tax Bracket Optimizer

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

DWMNF
Annual income on $10K today (after 15% tax)
$134.87/yr
After 10yr DRIP, annual income (after tax)
$10,822.57/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 $13,972,301.19/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

DWMNF: 50%GBDC: 50%
100% GBDC50/50100% DWMNF
Portfolio after 10yr
$10.45M
Annual income
$8,231,733.14/yr
Blended yield
78.75%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

DWMNF
No analyst data
Altman Z
2.8
Piotroski
2/9
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)

DWMNF buys
0
GBDC buys
0
No recent congressional trades found for DWMNF or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricDWMNFGBDC
Forward yield1.59%11.86%
Annual dividend / share$1.00$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR43.6%51.1%
Portfolio after 10y$55.1K$20.85M
Annual income after 10y$12,732.43$16,450,733.83
Total dividends collected$31.6K$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearDWMNF PortfolioDWMNF Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$10,928$227.86$12,492$1,791.70$1.6KGBDC
2$12,027$334.17$16,527$3,160.58$4.5KGBDC
3$13,362$493.58$23,588$5,904.90$10.2KGBDC
4$15,034$735.97$37,141$11,901.65$22.1KGBDC
5$17,197$1,111.25$66,205$26,463.38$49.0KGBDC
6$20,107$1,705.99$137,452$66,612.65$117.3KGBDC
7$24,192$2,676.93$342,372$195,298.53$318.2KGBDC
8$30,207$4,322.36$1,053,292$686,954.33$1.02MGBDC
9$39,565$7,243.36$4,111,439$2,984,416.95$4.07MGBDC
10$55,067$12,732.43$20,849,974$16,450,733.83$20.79MGBDC

DWMNF vs GBDC: Complete Analysis 2026

DWMNFStock

Dowa Holdings Co., Ltd. engages in the environmental management and recycling, nonferrous metals, electronic materials, metal processing, and heat treatment businesses worldwide. The company's Environmental Management & Recycling segment offers intermediate waste treatment, controlled landfilling, and soil remediation services; metal, household appliance, and automobile recycling services; consulting on environmental matters; and environmental logistics services. Its Nonferrous Metals segment produces and sells gold, silver, copper, lead, zinc, zinc alloys, palladium, rhodium, tin, antimony, nickel sulfate, bismuth, indium, platinum, tellurium, and sulfuric acid. The company's Electronic Materials segment offers high-purity materials, GaAs substrate wafers, and light-emitting diodes, as well as silver, copper, metal, carrier, and ferrite powders. Its Metal Processing segment provides copper, brass, copper and nickel alloy strips, reflow tin plated strips, brass rods, forged brass products, precious metal plating products, and metal-ceramics substrates. The company's Heat Treatment segment is involved in the design, manufacture, and maintenance of various types of industrial furnaces and ancillary equipment, as well as heat and surface treatment. The company also engages in real estate leasing, plant construction, civil engineering and construction work, office administration services, and technological development. The company was formerly known as Dowa Mining Co., Ltd. and changed its name to Dowa Holdings Co., Ltd. in October 2006. Dowa Holdings Co., Ltd. was founded in 1884 and is headquartered in Tokyo, Japan.

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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.