Is FRRDF or GBDC a better dividend investment in 2026?

FRRDF currently yields 27.39% with a 5% 5-year dividend growth rate. GBDC yields 11.85% with 5% growth. The better choice depends on your goal: FRRDF offers higher current income.

What is the dividend yield difference between FRRDF and GBDC?

FRRDF has a forward dividend yield of 27.39% ($2.00/share annually). GBDC yields 11.85% ($1.50/share annually). The yield gap is 15.54 percentage points.

Home › Compare › FRRDF vs GBDC

FRRDF vs GBDC: Dividend Comparison 2026

FRRDF yields 27.39% · GBDC yields 11.85%● Live data

vsPost on X →

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

🏆 GBDC wins by $20.66M in total portfolio value· pulled ahead in Year 3

INVESTMENT

TIME HORIZON10 years

FRRDF

● Live price

27.39%

Share price

$7.30

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$113.7K

Annual income

$13,896.87

Full FRRDF 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 — FRRDF vs GBDC

📍 GBDC pulled ahead of the other in Year 3

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	FRRDF	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, FRRDF + GBDC cover 0 of 12 months — good coverage

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

FRRDF pays

GBDC pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

FRRDF

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

$2,327.97/yr

After 10yr DRIP, annual income (after tax)

$11,812.34/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 $13,919,061.56/year in after-tax income after 10 years on $10,000

⚖️

Lazy Portfolio Split Optimizer

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

FRRDF: 50%GBDC: 50%

100% GBDC50/50100% FRRDF

Portfolio after 10yr

$10.44M

Annual income

$8,201,580.13/yr

Blended yield

78.52%

📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

FRRDF

Analyst Ratings

Buy

Hold

Consensus: Buy

Altman Z

5.2

Piotroski

5/9

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.

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Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

FRRDF buys

GBDC buys

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

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

MetricFRRDFGBDC

Forward yield	27.39% ✓	11.85%
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	$113.7K ✓	$20.78M
Annual income after 10y	$13,896.87	$16,389,263.41 ✓
Total dividends collected	$74.8K ✓	$20.36M
Payment frequency	quarterly	quarterly
Sector	Stock	BDC
Analyst consensus	Buy	Buy

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

Year	FRRDF Portfolio	FRRDF Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1	$13,439	$2,738.79	$12,490	$1,790.28	+$949.00 → FRRDF
2	$17,819	$3,439.81	$16,522	$3,157.73	+$1.3K → FRRDF
3← crossover	$23,329	$4,262.67	$23,578	$5,898.68	$249.00 → GBDC
4	$30,178	$5,215.66	$37,115	$11,886.75	$6.9K → GBDC
5	$38,596	$6,305.43	$66,136	$26,423.57	$27.5K → GBDC
6	$48,834	$7,536.70	$137,257	$66,491.44	$88.4K → GBDC
7	$61,165	$8,912.13	$341,734	$194,868.54	$280.6K → GBDC
8	$75,879	$10,432.16	$1,050,788	$685,133.02	$974.9K → GBDC
9	$93,285	$12,095.05	$4,099,314	$2,974,971.01	$4.01M → GBDC
10	$113,712	$13,896.87	$20,775,530	$16,389,263.41	$20.66M → GBDC

FRRDF vs GBDC: Complete Analysis 2026

FRRDF — Stock

Frontier Developments PLC develops video games for the interactive entertainment sector. It develops games using its Cobra proprietary cross-platform technology along with industry-standard software packages, allowing code and resources developed on PC to be compiled. Its games include RollerCoaster Tycoon 3, LostWinds, Kinectimals, Kinect Disneyland Adventures and Coaster Crazy games. It has only one reportable segment: Self-Published Work. Business operations are based in the UK and its North American subsidiary, Frontier Developments Inc. in the US. The company has one operating segment, being revenue from publishing games and revenue from other streams such as royalties and licensing.

Full FRRDF 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.