HomeCompareFNHC vs GBDC

FNHC vs GBDC: Dividend Comparison 2026

FNHC yields 1000000.00% · GBDC yields 11.85%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 FNHC wins by $188409716392645591040.00M in total portfolio value
10 years
FNHC
FNHC
● Live price
1000000.00%
Share price
$0.00
Annual div
$2.00
5Y div CAGR
-50%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$188409716392645591040.00M
Annual income
$156,820,396,180,463,870,000,000,000.00
Full FNHC 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 — FNHC vs GBDC

📍 FNHC 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 PeriodFNHCGBDC
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, FNHC + GBDC cover 0 of 12 monthsgood coverage

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

Tax Bracket Optimizer

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

FNHC
Annual income on $10K today (after 15% tax)
$85,000,000.00/yr
After 10yr DRIP, annual income (after tax)
$133,297,336,753,394,290,000,000,000.00/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, FNHC beats the other by $133,297,336,753,394,290,000,000,000.00/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 FNHC + GBDC for your $10,000?

FNHC: 50%GBDC: 50%
100% GBDC50/50100% FNHC
Portfolio after 10yr
$94204858196322795520.00M
Annual income
$78,410,198,090,231,930,000,000,000.00/yr
Blended yield
83.23%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

FNHC
Analyst Ratings
3
Buy
5
Hold
Consensus: Hold
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.
🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

FNHC 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 →
MetricFNHCGBDC
Forward yield1000000.00%11.85%
Annual dividend / share$2.00$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR-50%51.1%
Portfolio after 10y$188409716392645591040.00M$20.78M
Annual income after 10y$156,820,396,180,463,870,000,000,000.00$16,389,263.41
Total dividends collected$186170298512243982336.00M$20.36M
Payment frequencyquarterlyquarterly
SectorStockBDC
Analyst consensusHoldBuy

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

YearFNHC PortfolioFNHC Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$50,010,700$50,000,000.00$12,490$1,790.28+$50.00MFNHC
2$116,900,941,356$116,847,429,906.54$16,522$3,157.73+$116900.92MFNHC
3$127,757,345,946,658$127,632,261,939,407.38$23,578$5,898.68+$127757345.92MFNHC
4$65,316,731,768,579,704$65,180,031,408,416,776.00$37,115$11,886.75+$65316731768.54MFNHC
5$15,641,708,257,005,480,000$15,571,819,354,013,100,000.00$66,136$26,423.57+$15641708257005.41MFNHC
6$1,759,286,910,766,321,500,000$1,742,550,282,931,325,600,000.00$137,257$66,491.44+$1759286910766321.25MFNHC
7$93,467,370,779,778,750,000,000$91,584,933,785,258,800,000,000.00$341,734$194,868.54+$93467370779778752.00MFNHC
8$2,373,712,470,630,401,000,000,000$2,273,702,383,896,037,800,000,000.00$1,050,788$685,133.02+$2373712470630401024.00MFNHC
9$29,522,729,170,263,285,000,000,000$26,982,856,826,688,750,000,000,000.00$4,099,314$2,974,971.01+$29522729170263285760.00MFNHC
10$188,409,716,392,645,600,000,000,000$156,820,396,180,463,870,000,000,000.00$20,775,530$16,389,263.41+$188409716392645591040.00MFNHC

FNHC vs GBDC: Complete Analysis 2026

FNHCStock

FedNat Holding Company, together with its subsidiaries, engages in the insurance underwriting, distribution, and claims processing business in Florida, Louisiana, Texas, Georgia, South Carolina, Alabama, and Mississippi. The company is involved in the homeowners and casualty insurance; and personal automobile insurance businesses, as well as commercial general liability and federal flood businesses. It markets and distributes its own and third-party insurers' products, and other services through a network of independent and general agents. The company was formerly known as Federated National Holding Company and changed its name to FedNat Holding Company in May 2018. FedNat Holding Company was founded in 1991 and is based in Sunrise, Florida. On December 11, 2022, FedNat Holding Company, along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Florida.

Full FNHC 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.