Is FRRGF or GBDC a better dividend investment in 2026?

FRRGF currently yields 363.64% with a 5% 5-year dividend growth rate. GBDC yields 11.85% with 5% growth. The better choice depends on your goal: FRRGF offers higher current income.

What is the dividend yield difference between FRRGF and GBDC?

FRRGF has a forward dividend yield of 363.64% ($2.00/share annually). GBDC yields 11.85% ($1.50/share annually). The yield gap is 351.79 percentage points.

Home › Compare › FRRGF vs GBDC

FRRGF vs GBDC: Dividend Comparison 2026

FRRGF yields 363.64% · GBDC yields 11.85%● Live data

vsPost on X →

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

🏆 FRRGF wins by $5722.94M in total portfolio value

INVESTMENT

TIME HORIZON10 years

FRRGF

● Live price

363.64%

Share price

$0.55

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$5743.72M

Annual income

$3,727,348,542.31

Full FRRGF 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 — FRRGF vs GBDC

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

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

FRRGF pays

GBDC pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

FRRGF

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

$30,909.09/yr

After 10yr DRIP, annual income (after tax)

$3,168,246,260.96/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, FRRGF beats the other by $3,154,315,387.07/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 FRRGF + GBDC for your $10,000?

FRRGF: 50%GBDC: 50%

100% GBDC50/50100% FRRGF

Portfolio after 10yr

$2882.25M

Annual income

$1,871,868,902.85/yr

Blended yield

64.94%

📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

FRRGF

No analyst data

Altman Z

9.3

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)

FRRGF buys

GBDC buys

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

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

MetricFRRGFGBDC

Forward yield	363.64% ✓	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	$5743.72M ✓	$20.78M
Annual income after 10y	$3,727,348,542.31 ✓	$16,389,263.41
Total dividends collected	$5553.13M ✓	$20.36M
Payment frequency	quarterly	quarterly
Sector	Stock	BDC

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

Year	FRRGF Portfolio	FRRGF Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1← crossover	$47,064	$36,363.64	$12,490	$1,790.28	+$34.6K → FRRGF
2	$210,302	$159,944.39	$16,522	$3,157.73	+$193.8K → FRRGF
3	$892,974	$667,950.29	$23,578	$5,898.68	+$869.4K → FRRGF
4	$3,606,147	$2,650,664.49	$37,115	$11,886.75	+$3.57M → FRRGF
5	$13,862,620	$10,004,043.59	$66,136	$26,423.57	+$13.80M → FRRGF
6	$50,774,301	$35,941,297.46	$137,257	$66,491.44	+$50.64M → FRRGF
7	$177,357,815	$123,029,312.28	$341,734	$194,868.54	+$177.02M → FRRGF
8	$591,407,528	$401,634,666.71	$1,050,788	$685,133.02	+$590.36M → FRRGF
9	$1,884,459,023	$1,251,652,967.55	$4,099,314	$2,974,971.01	+$1880.36M → FRRGF
10	$5,743,719,697	$3,727,348,542.31	$20,775,530	$16,389,263.41	+$5722.94M → FRRGF

FRRGF vs GBDC: Complete Analysis 2026

FRRGF — Stock

Frontier Digital Ventures Limited is a private equity firm specializing in investing and developing online classifieds business in emerging markets. The firm prefers to invest in property and automotive verticals and general classifieds/marketplace websites. Frontier Digital Ventures Limited was founded in May 2014 and is based in Kuala Lumpur, Malaysia with an additional office in Melbourne, Australia.

Full FRRGF 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.