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ETPC vs GBDC: Dividend Comparison 2026

ETPC yields 8.26% · GBDC yields 11.86%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $20.72M in total portfolio value
10 years
ETPC
ETPC
● Live price
8.26%
Share price
$24.20
Annual div
$2.00
5Y div CAGR
24.5%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$127.4K
Annual income
$34,809.76
Full ETPC 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 — ETPC 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 PeriodETPCGBDC
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, ETPC + GBDC cover 0 of 12 monthsgood coverage

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

Tax Bracket Optimizer

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

ETPC
Annual income on $10K today (after 15% tax)
$702.48/yr
After 10yr DRIP, annual income (after tax)
$29,588.30/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 $13,953,535.46/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

ETPC: 50%GBDC: 50%
100% GBDC50/50100% ETPC
Portfolio after 10yr
$10.49M
Annual income
$8,242,771.80/yr
Blended yield
78.59%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

ETPC
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)

ETPC buys
0
GBDC buys
0
No recent congressional trades found for ETPC or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricETPCGBDC
Forward yield8.26%11.86%
Annual dividend / share$2.00$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR24.5%51.1%
Portfolio after 10y$127.4K$20.85M
Annual income after 10y$34,809.76$16,450,733.83
Total dividends collected$94.6K$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearETPC PortfolioETPC Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$11,729$1,028.93$12,492$1,791.70$763.00GBDC
2$13,954$1,404.20$16,527$3,160.58$2.6KGBDC
3$16,875$1,943.83$23,588$5,904.90$6.7KGBDC
4$20,791$2,735.13$37,141$11,901.65$16.4KGBDC
5$26,168$3,921.07$66,205$26,463.38$40.0KGBDC
6$33,741$5,742.16$137,452$66,612.65$103.7KGBDC
7$44,719$8,615.12$342,372$195,298.53$297.7KGBDC
8$61,134$13,285.26$1,053,292$686,954.33$992.2KGBDC
9$86,546$21,132.54$4,111,439$2,984,416.95$4.02MGBDC
10$127,414$34,809.76$20,849,974$16,450,733.83$20.72MGBDC

ETPC vs GBDC: Complete Analysis 2026

ETPCStock

Energy Transfer LP provides energy-related services. The company owns and operates approximately 11,600 miles of natural gas transportation pipeline, and three natural gas storage facilities in Texas and two natural gas storage facilities located in the state of Texas and Oklahoma; and 19,830 miles of interstate natural gas pipeline. It also sells natural gas to electric utilities, independent power plants, local distribution and other marketing companies, and industrial end-users. The company owns and operates natural gas gathering and natural gas liquid (NGL) pipeline, processing plant, and treating and conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, and Louisiana; natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas; and a natural gas gathering system in Ohio, as well as transport and supplies water to natural gas producer in Pennsylvania. It owns approximately 5,215 miles of NGL pipeline; NGL and propane fractionation facilities; NGL storage facilities with working storage capacity of approximately 50 million barrels (MMBbls); and other NGL storage assets and terminal with an aggregate storage capacity of approximately 17 MMBbls. The company provides crude oil transportation, terminalling, acquisition, and marketing activities; and sells and distributes gasoline, middle distillate, and motor fuels and other petroleum product. It offers natural gas compression service; carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management service; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalty, and generate electrical power. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. The company was founded in 1996 and is headquartered in Dallas, Texas.

Full ETPC 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.