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FOCIF vs GBDC: Dividend Comparison 2026

FOCIF yields 2.10% · GBDC yields 11.86%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $19.16M in total portfolio value
10 years
FOCIF
FOCIF
● Live price
2.10%
Share price
$2.67
Annual div
$0.06
5Y div CAGR
74.8%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$1.69M
Annual income
$1,253,743.96
Full FOCIF 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 — FOCIF 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 PeriodFOCIFGBDC
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%.
📅

Dividend Calendar Overlap

Combined, FOCIF + GBDC cover 0 of 12 monthsgood coverage

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

Tax Bracket Optimizer

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

FOCIF
Annual income on $10K today (after 15% tax)
$178.75/yr
After 10yr DRIP, annual income (after tax)
$1,065,682.37/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 $12,917,441.39/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

FOCIF: 50%GBDC: 50%
100% GBDC50/50100% FOCIF
Portfolio after 10yr
$11.27M
Annual income
$8,852,238.90/yr
Blended yield
78.53%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

FOCIF
No analyst data
Altman Z
4.0
Piotroski
5/9
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)

FOCIF buys
0
GBDC buys
0
No recent congressional trades found for FOCIF or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricFOCIFGBDC
Forward yield2.10%11.86%
Annual dividend / share$0.06$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR74.8%51.1%
Portfolio after 10y$1.69M$20.85M
Annual income after 10y$1,253,743.96$16,450,733.83
Total dividends collected$1.63M$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearFOCIF PortfolioFOCIF Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$11,068$367.59$12,492$1,791.70$1.4KGBDC
2$12,507$664.62$16,527$3,160.58$4.0KGBDC
3$14,609$1,226.96$23,588$5,904.90$9.0KGBDC
4$17,973$2,341.37$37,141$11,901.65$19.2KGBDC
5$23,937$4,705.73$66,205$26,463.38$42.3KGBDC
6$35,851$10,238.32$137,452$66,612.65$101.6KGBDC
7$63,411$25,050.44$342,372$195,298.53$279.0KGBDC
8$140,233$72,382.79$1,053,292$686,954.33$913.1KGBDC
9$411,552$261,502.77$4,111,439$2,984,416.95$3.70MGBDC
10$1,694,104$1,253,743.96$20,849,974$16,450,733.83$19.16MGBDC

FOCIF vs GBDC: Complete Analysis 2026

FOCIFStock

Focusrite plc develops and markets hardware and software products primarily for audio professionals and amateur musicians in North America, Europe, the Middle East, Africa, and internationally. It operates through Focusrite, Focusrite Pro, Novation, ADAM Audio, Martin Audio, and Sequential segments. The company provides audio interface and other products for musicians under the Focusrite and Focusrite Pro brands; and products that are used in the creation of electronic music using synthesisers, grooveboxes, controllers, and software and apps under the Novation and Ampify brands. It also manufactures and distributes professional monitoring and loudspeaker technology under the ADAM Audio brand; performance ready systems for auditoriums under the Martin Audio brand; and analogue synthesizers under the Sequential brand. The company sells its products through distributors, retailers, and system integrators, as well as directly to end users through its e-commerce platform and in-app software. Focusrite plc was founded in 1985 and is headquartered in High Wycombe, the United Kingdom.

Full FOCIF 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.