Is FRPC or GBDC a better dividend investment in 2026?

FRPC currently yields 200000.00% with a 5% 5-year dividend growth rate. GBDC yields 11.86% with 5% growth. The better choice depends on your goal: FRPC offers higher current income.

What is the dividend yield difference between FRPC and GBDC?

FRPC has a forward dividend yield of 200000.00% ($2.00/share annually). GBDC yields 11.86% ($1.50/share annually). The yield gap is 199988.14 percentage points.

Home › Compare › FRPC vs GBDC

FRPC vs GBDC: Dividend Comparison 2026

FRPC yields 200000.00% · GBDC yields 11.86%● Live data

vsPost on X →

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

🏆 FRPC wins by $4.911780474428384e+29M in total portfolio value

INVESTMENT

TIME HORIZON10 years

FRPC

● Live price

200000.00%

Share price

$0.00

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$4.911780474428384e+29M

Annual income

$490,695,411,370,591,700,000,000,000,000,000,000.00

Full FRPC calculator →

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 — FRPC vs GBDC

📍 FRPC pulled ahead of the other in Year 1

Annual dividend income

🛡️

Recession Test — Did They Cut Dividends?

How each stock treated shareholders during the 3 biggest crises of the last 20 years

Crisis Period	FRPC	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%.

📅

Dividend Calendar Overlap

Combined, FRPC + GBDC cover 0 of 12 months — good coverage

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

FRPC pays

GBDC pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

FRPC

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

$17,000,000.00/yr

After 10yr DRIP, annual income (after tax)

$417,091,099,665,002,940,000,000,000,000,000,000.00/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, FRPC beats the other by $417,091,099,665,002,940,000,000,000,000,000,000.00/year in after-tax income after 10 years on $10,000

⚖️

Lazy Portfolio Split Optimizer

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

FRPC: 50%GBDC: 50%

100% GBDC50/50100% FRPC

Portfolio after 10yr

$2.455890237214192e+29M

Annual income

$245,347,705,685,295,860,000,000,000,000,000,000.00/yr

Blended yield

99.90%

📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

FRPC

No analyst data

GBDC

Analyst Ratings

Buy

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)

FRPC buys

GBDC buys

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

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

MetricFRPCGBDC

Forward yield	200000.00% ✓	11.86%
Annual dividend / share	$2.00 ✓	$1.50
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	51.1% ✓
Portfolio after 10y	$4.911780474428384e+29M	$20.85M ✓
Annual income after 10y	$490,695,411,370,591,700,000,000,000,000,000,000.00 ✓	$16,450,733.83
Total dividends collected	$4.911464459982279e+29M	$20.43M ✓
Payment frequency	quarterly	quarterly
Sector	Stock	BDC

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

Year	FRPC Portfolio	FRPC Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1← crossover	$20,010,700	$20,000,000.00	$12,492	$1,791.70	+$20.00M → FRPC
2	$37,424,589,019	$37,403,177,570.09	$16,527	$3,160.58	+$37424.57M → FRPC
3	$65,416,215,188,220	$65,376,170,877,969.18	$23,588	$5,904.90	+$65416215.16M → FRPC
4	$106,868,230,495,008,900	$106,798,235,144,757,520.00	$37,141	$11,901.65	+$106868230494.97M → FRPC
5	$163,172,871,735,896,870,000	$163,058,522,729,267,200,000.00	$66,205	$26,463.38	+$163172871735896.81M → FRPC
6	$232,854,599,801,468,860,000,000	$232,680,004,828,711,460,000,000.00	$137,452	$66,612.65	+$232854599801468864.00M → FRPC
7	$310,570,858,137,017,100,000,000,000	$310,321,703,715,229,540,000,000,000.00	$342,372	$195,298.53	+$310570858137017057280.00M → FRPC
8	$387,148,154,301,613,200,000,000,000,000	$386,815,843,483,406,600,000,000,000,000.00	$1,053,292	$686,954.33	+$3.871481543016132e+23M → FRPC
9	$451,061,749,763,281,040,000,000,000,000,000	$450,647,501,238,178,360,000,000,000,000,000.00	$4,111,439	$2,984,416.95	+$4.510617497632811e+26M → FRPC
10	$491,178,047,442,838,440,000,000,000,000,000,000	$490,695,411,370,591,700,000,000,000,000,000,000.00	$20,849,974	$16,450,733.83	+$4.911780474428384e+29M → FRPC

FRPC vs GBDC: Complete Analysis 2026

FRPC — Stock

The First Republic Corporation Of America engages in the real estate, hotel, seafood, and textile businesses. The company owns various loft buildings, office buildings, industrial buildings, shopping centers, and residential and other properties, situated along the east coast of the United States. It owns and operates a hotel and convention center located in Liverpool, New York, which it operates under a Holiday Inn franchise agreement. The company also owns a seafood operation in Cape Canaveral, Florida that harvests scallops and sells other imported and domestic seafood products. The Hanora Spinning division of the company operates a yarn spinning plant in Woonsocket, Rhode Island.

Full FRPC 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 →

📬

Get this FRPC vs GBDC comparison by email

Save your analysis + weekly dividend insights. Free forever.

More comparisons

FRPC vs SCHD FRPC vs JEPI FRPC vs O FRPC vs KO FRPC vs MAIN

⚠️ Educational purposes only. Not financial advice. Congressional trades sourced from SEC STOCK Act filings via FMP. Past performance does not guarantee future results.