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FANDF vs GBDC: Dividend Comparison 2026

FANDF yields 5.11% · GBDC yields 11.85%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $20.44M in total portfolio value
10 years
FANDF
FANDF
● Live price
5.11%
Share price
$5.02
Annual div
$0.26
5Y div CAGR
43.2%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$333.2K
Annual income
$161,686.69
Full FANDF calculator →
GBDC
GBDC
● Live price
11.85%
Share price
$12.66
Annual div
$1.50
5Y div CAGR
51.1%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$20.78M
Annual income
$16,389,263.41
Full GBDC calculator →

Portfolio growth — FANDF 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 PeriodFANDFGBDC
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, FANDF + GBDC cover 0 of 12 monthsgood coverage

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

FANDF
Annual income on $10K today (after 15% tax)
$434.75/yr
After 10yr DRIP, annual income (after tax)
$137,433.69/yr
GBDC
Annual income on $10K today (after 15% tax)
$1,007.11/yr
After 10yr DRIP, annual income (after tax)
$13,930,873.90/yr
At 15% tax rate, GBDC beats the other by $13,793,440.21/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

FANDF: 50%GBDC: 50%
100% GBDC50/50100% FANDF
Portfolio after 10yr
$10.55M
Annual income
$8,275,475.05/yr
Blended yield
78.41%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

FANDF
Analyst Ratings
2
Buy
Consensus: Buy
Altman Z
0.5
Piotroski
4/9
GBDC
Analyst Ratings
6
Buy
5
Hold
Consensus: Buy
Price Target
$14.00
+10.6% 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.
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Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

FANDF buys
0
GBDC buys
2
PoliticianChamberTickerTypeAmountDate
David P. Joyce🏢 House$GBDC▼ Sell$1,001 - $15,0002023-06-30
David P. Joyce🏢 House$GBDC▼ Sell$15,001 - $50,0002023-06-19
David P. Joyce🏢 House$GBDC▼ Sell$15,001 - $50,0002022-07-14
David P. Joyce🏢 House$GBDC▼ Sell$15,001 - $50,0002022-07-12
Teresa Leger Fernandez🏢 House$GBDC▼ Sell$15,001 - $50,0002021-01-20
David P. Joyce🏢 House$GBDC▲ Buy$1,001 - $15,0002020-02-25
David P. Joyce🏢 House$GBDC▲ Buy$15,001 - $50,0002019-05-30
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricFANDFGBDC
Forward yield5.11%11.85%
Annual dividend / share$0.26$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR43.2%51.1%
Portfolio after 10y$333.2K$20.78M
Annual income after 10y$161,686.69$16,389,263.41
Total dividends collected$292.7K$20.36M
Payment frequencyquarterlyquarterly
SectorStockBDC
Analyst consensusBuyBuy

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

YearFANDF PortfolioFANDF Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$11,432$732.42$12,490$1,790.28$1.1KGBDC
2$13,353$1,120.62$16,522$3,157.73$3.2KGBDC
3$16,040$1,751.73$23,578$5,898.68$7.5KGBDC
4$19,979$2,816.02$37,115$11,886.75$17.1KGBDC
5$26,071$4,694.19$66,136$26,423.57$40.1KGBDC
6$36,094$8,198.18$137,257$66,491.44$101.2KGBDC
7$53,811$15,189.90$341,734$194,868.54$287.9KGBDC
8$87,885$30,307.12$1,050,788$685,133.02$962.9KGBDC
9$160,281$66,244.10$4,099,314$2,974,971.01$3.94MGBDC
10$333,187$161,686.69$20,775,530$16,389,263.41$20.44MGBDC

FANDF vs GBDC: Complete Analysis 2026

FANDFStock

FirstRand Limited, together with its subsidiaries, provides banking, transactional, lending, investment, and insurance products and services in South Africa, rest of Africa, the United Kingdom, and internationally. The company offers deposit and savings products; personal loans; and asset and invoice finance, as well as SME commercial, residential, and buy-to-let mortgages. It also provides life and short-term insurance products; card-acquiring services; and vehicle finance, installment credit and fleet management, and corporate and investment banking services. In addition, the company offers asset management, as well as vehicle-related insurance services. It serves retail, commercial, corporate, and public sector customers, as well as small business, agricultural, medium corporate, parastatal, and government entities. The company was incorporated in 1966 and is based in Sandton, South Africa.

Full FANDF 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.