Is ENCS or GBDC a better dividend investment in 2026?

ENCS currently yields 200000000.00% with a 5% 5-year dividend growth rate. GBDC yields 11.86% with 5% growth. The better choice depends on your goal: ENCS offers higher current income.

What is the dividend yield difference between ENCS and GBDC?

ENCS has a forward dividend yield of 200000000.00% ($2.00/share annually). GBDC yields 11.86% ($1.50/share annually). The yield gap is 199999988.14 percentage points.

Home › Compare › ENCS vs GBDC

ENCS vs GBDC: Dividend Comparison 2026

ENCS yields 200000000.00% · GBDC yields 11.86%● Live data

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

🏆 ENCS wins by $4.875657285131069e+59M in total portfolio value

INVESTMENT

TIME HORIZON10 years

ENCS

● Live price

200000000.00%

Share price

$0.00

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$4.875657285131069e+59M

Annual income

$487,565,248,955,786,300,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000.00

Full ENCS calculator →

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 — ENCS vs GBDC

📍 ENCS pulled ahead of the other in Year 1

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

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

ENCS pays

GBDC pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

ENCS

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

$17,000,000,000.00/yr

After 10yr DRIP, annual income (after tax)

$414,430,461,612,418,300,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000.00/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, ENCS beats the other by $414,430,461,612,418,300,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000.00/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 ENCS + GBDC for your $10,000?

ENCS: 50%GBDC: 50%

100% GBDC50/50100% ENCS

Portfolio after 10yr

$2.4378286425655345e+59M

Annual income

$243,782,624,477,893,130,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000.00/yr

Blended yield

100.00%

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Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

ENCS

No analyst data

GBDC

Analyst Ratings

Buy

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)

ENCS buys

GBDC buys

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

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

MetricENCSGBDC

Forward yield	200000000.00% ✓	11.86%
Annual dividend / share	$2.00 ✓	$1.50
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	51.1% ✓
Portfolio after 10y	$4.875657285131069e+59M	$20.85M ✓
Annual income after 10y	$487,565,248,955,786,300,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000.00 ✓	$16,450,733.83
Total dividends collected	$4.875656971401711e+59M	$20.43M ✓
Payment frequency	quarterly	quarterly
Sector	Stock	BDC

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

Year	ENCS Portfolio	ENCS Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1← crossover	$20,000,010,700	$20,000,000,000.00	$12,492	$1,791.70	+$20000.00M → ENCS
2	$37,383,218,970,104,910	$37,383,197,570,093,464.00	$16,527	$3,160.58	+$37383218970.09M → ENCS
3	$65,303,942,472,059,150,000,000	$65,303,902,472,014,860,000,000.00	$23,588	$5,904.90	+$65303942472059152.00M → ENCS
4	$106,615,009,060,306,890,000,000,000,000	$106,614,939,185,088,440,000,000,000,000.00	$37,141	$11,901.65	+$1.0661500906030689e+23M → ENCS
5	$162,672,273,967,082,950,000,000,000,000,000,000	$162,672,159,889,023,270,000,000,000,000,000,000.00	$66,205	$26,463.38	+$1.6267227396708296e+29M → ENCS
6	$231,966,340,306,755,300,000,000,000,000,000,000,000,000	$231,966,166,247,422,140,000,000,000,000,000,000,000,000.00	$137,452	$66,612.65	+$2.319663403067553e+35M → ENCS
7	$309,138,182,305,146,600,000,000,000,000,000,000,000,000,000,000	$309,137,934,101,162,400,000,000,000,000,000,000,000,000,000,000.00	$342,372	$195,298.53	+$3.091381823051466e+41M → ENCS
8	$385,031,777,252,258,400,000,000,000,000,000,000,000,000,000,000,000,000	$385,031,446,474,403,340,000,000,000,000,000,000,000,000,000,000,000,000.00	$1,053,292	$686,954.33	+$3.850317772522584e+47M → ENCS
9	$448,184,411,799,345,900,000,000,000,000,000,000,000,000,000,000,000,000,000,000	$448,183,999,815,344,300,000,000,000,000,000,000,000,000,000,000,000,000,000,000.00	$4,111,439	$2,984,416.95	+$4.481844117993459e+53M → ENCS
10	$487,565,728,513,106,900,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000	$487,565,248,955,786,300,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000.00	$20,849,974	$16,450,733.83	+$4.875657285131069e+59M → ENCS

ENCS vs GBDC: Complete Analysis 2026

ENCS — Stock

Encore Energy Systems, Inc., a diversified technology development and acquisition company, operates international aggregator of bio-diesel reactor technology, fuel distribution, production system, and fuel production facilities primarily in the United States. The company also owns a systems patent known as the Energy Miser System and focuses on providing heating and air conditioning powered by the thermal properties of managed water systems, which include gray-water, re-use water, and potable water systems. The company was formerly known as Energy Vision International, Inc. Encore Energy Systems, Inc. was founded in 1979 and is based in Reno, Nevada.

Full ENCS 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.