Is FNHCQ or GBDC a better dividend investment in 2026?

FNHCQ currently yields 36000000.00% with a 5% 5-year dividend growth rate. GBDC yields 11.85% with 5% growth. The better choice depends on your goal: FNHCQ offers higher current income.

What is the dividend yield difference between FNHCQ and GBDC?

FNHCQ has a forward dividend yield of 36000000.00% ($0.36/share annually). GBDC yields 11.85% ($1.50/share annually). The yield gap is 35999988.15 percentage points.

Home › Compare › FNHCQ vs GBDC

FNHCQ vs GBDC: Dividend Comparison 2026

FNHCQ yields 36000000.00% · GBDC yields 11.85%● Live data

vsPost on X →

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

🏆 FNHCQ wins by $4.88265494778682e+35M in total portfolio value

INVESTMENT

TIME HORIZON10 years

FNHCQ

● Live price

36000000.00%

Share price

$0.00

Annual div

$0.36

5Y div CAGR

-50%

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$4.88265494778682e+35M

Annual income

$485,548,630,359,858,900,000,000,000,000,000,000,000,000.00

Full FNHCQ calculator →

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 — FNHCQ vs GBDC

📍 FNHCQ 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 Period	FNHCQ	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, FNHCQ + GBDC cover 0 of 12 months — good coverage

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

FNHCQ pays

GBDC pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

FNHCQ

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

$3,060,000,000.00/yr

After 10yr DRIP, annual income (after tax)

$412,716,335,805,880,050,000,000,000,000,000,000,000,000.00/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, FNHCQ beats the other by $412,716,335,805,880,050,000,000,000,000,000,000,000,000.00/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 FNHCQ + GBDC for your $10,000?

FNHCQ: 50%GBDC: 50%

100% GBDC50/50100% FNHCQ

Portfolio after 10yr

$2.44132747389341e+35M

Annual income

$242,774,315,179,929,440,000,000,000,000,000,000,000,000.00/yr

Blended yield

99.44%

📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

FNHCQ

Analyst Ratings

Buy

Hold

Consensus: Hold

Altman Z

0.6

Piotroski

1/9

GBDC

Analyst Ratings

Buy

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)

FNHCQ buys

GBDC buys

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

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

MetricFNHCQGBDC

Forward yield	36000000.00% ✓	11.85%
Annual dividend / share	$0.36	$1.50 ✓
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	-50%	51.1% ✓
Portfolio after 10y	$4.88265494778682e+35M	$20.78M ✓
Annual income after 10y	$485,548,630,359,858,900,000,000,000,000,000,000,000,000.00 ✓	$16,389,263.41
Total dividends collected	$4.880873222932018e+35M	$20.36M ✓
Payment frequency	quarterly	quarterly
Sector	Stock	BDC
Analyst consensus	Hold	Buy

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

Year	FNHCQ Portfolio	FNHCQ Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1← crossover	$1,800,010,700	$1,800,000,000.00	$12,490	$1,790.28	+$1800.00M → FNHCQ
2	$151,404,695,170,328	$151,402,769,158,878.50	$16,522	$3,157.73	+$151404695.15M → FNHCQ
3	$5,951,084,601,211,217,000	$5,950,922,598,187,386,000.00	$23,578	$5,898.68	+$5951084601211.19M → FNHCQ
4	$109,308,166,476,770,880,000,000	$109,301,798,816,247,590,000,000.00	$37,115	$11,886.75	+$109308166476770880.00M → FNHCQ
5	$938,262,074,219,880,700,000,000,000	$938,145,114,481,750,700,000,000,000.00	$66,136	$26,423.57	+$938262074219880775680.00M → FNHCQ
6	$3,763,948,330,964,473,500,000,000,000,000	$3,762,944,390,545,058,000,000,000,000,000.00	$137,257	$66,491.44	+$3.7639483309644733e+24M → FNHCQ
7	$7,057,995,959,297,836,000,000,000,000,000,000	$7,053,968,534,583,706,000,000,000,000,000,000.00	$341,734	$194,868.54	+$7.057995959297836e+27M → FNHCQ
8	$6,188,534,314,563,470,000,000,000,000,000,000,000	$6,180,982,258,887,020,000,000,000,000,000,000,000.00	$1,050,788	$685,133.02	+$6.18853431456347e+30M → FNHCQ
9	$2,539,125,625,068,292,000,000,000,000,000,000,000,000	$2,532,503,893,351,709,000,000,000,000,000,000,000,000.00	$4,099,314	$2,974,971.01	+$2.539125625068292e+33M → FNHCQ
10	$488,265,494,778,681,960,000,000,000,000,000,000,000,000	$485,548,630,359,858,900,000,000,000,000,000,000,000,000.00	$20,775,530	$16,389,263.41	+$4.88265494778682e+35M → FNHCQ

FNHCQ vs GBDC: Complete Analysis 2026

FNHCQ — Stock

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 FNHCQ 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.