HomeCompareFRZCF vs GBDC

FRZCF vs GBDC: Dividend Comparison 2026

FRZCF yields 5.42% · GBDC yields 11.85%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 FRZCF wins by $7175.92M in total portfolio value· pulled ahead in Year 4
10 years
FRZCF
FRZCF
● Live price
5.42%
Share price
$1.73
Annual div
$0.09
5Y div CAGR
98.5%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$7196.70M
Annual income
$6,931,863,490.35
Full FRZCF calculator →
GBDC
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 — FRZCF vs GBDC

📍 FRZCF pulled ahead of the other in Year 4

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 PeriodFRZCFGBDC
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, FRZCF + GBDC cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
FRZCF pays
GBDC pays
Both pay
Neither
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Tax Bracket Optimizer

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

FRZCF
Annual income on $10K today (after 15% tax)
$460.82/yr
After 10yr DRIP, annual income (after tax)
$5,892,083,966.80/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, FRZCF beats the other by $5,878,153,092.90/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

FRZCF: 50%GBDC: 50%
100% GBDC50/50100% FRZCF
Portfolio after 10yr
$3608.74M
Annual income
$3,474,126,376.88/yr
Blended yield
96.27%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

FRZCF
No analyst data
Altman Z
1.3
Piotroski
6/9
GBDC
Analyst Ratings
6
Buy
5
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)

FRZCF buys
0
GBDC buys
2
PoliticianChamberTickerTypeAmountDate
David P. Joyce🏢 House$GBDC▼ Sell$1,001 - $15,0002023-06-30
David P. Joyce🏢 House$GBDC▼ Sell$15,001 - $50,0002023-06-19
David P. Joyce🏢 House$GBDC▼ Sell$15,001 - $50,0002022-07-14
David P. Joyce🏢 House$GBDC▼ Sell$15,001 - $50,0002022-07-12
Teresa Leger Fernandez🏢 House$GBDC▼ Sell$15,001 - $50,0002021-01-20
David P. Joyce🏢 House$GBDC▲ Buy$1,001 - $15,0002020-02-25
David P. Joyce🏢 House$GBDC▲ Buy$15,001 - $50,0002019-05-30
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricFRZCFGBDC
Forward yield5.42%11.85%
Annual dividend / share$0.09$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR98.5%51.1%
Portfolio after 10y$7196.70M$20.78M
Annual income after 10y$6,931,863,490.35$16,389,263.41
Total dividends collected$7178.14M$20.36M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearFRZCF PortfolioFRZCF Income/yrGBDC PortfolioGBDC Income/yrGap
1$11,776$1,076.14$12,490$1,790.28$714.00GBDC
2$14,951$2,350.98$16,522$3,157.73$1.6KGBDC
3$21,535$5,537.41$23,578$5,898.68$2.0KGBDC
4← crossover$37,839$14,796.35$37,115$11,886.75+$724.00FRZCF
5$88,718$48,230.29$66,136$26,423.57+$22.6KFRZCF
6$304,710$209,781.39$137,257$66,491.44+$167.5KFRZCF
7$1,662,688$1,336,647.88$341,734$194,868.54+$1.32MFRZCF
8$15,309,695$13,530,619.15$1,050,788$685,133.02+$14.26MFRZCF
9$247,508,160$231,126,786.71$4,099,314$2,974,971.01+$243.41MFRZCF
10$7,196,697,222$6,931,863,490.35$20,775,530$16,389,263.41+$7175.92MFRZCF

FRZCF vs GBDC: Complete Analysis 2026

FRZCFStock

Frasers Centrepoint Trust ("FCT") is a leading developer-sponsored retail real estate investment trust ("REIT") and one of the largest suburban retail mall owners in Singapore with total assets of approximately S$6.7 billion. FCT's current property portfolio comprises 11 retail malls9 and an office building located in the suburban regions of Singapore, near homes and within minutes to transportation amenities. The retail portfolio has over 2.3 million square feet of net lettable area with over 1,500 leases with a strong focus on providing for necessity spending, food & beverage and essential services. The portfolio comprises Causeway Point, Northpoint City North Wing (including Yishun 10 Retail Podium), Anchorpoint, YewTee Point, Changi City Point, Waterway Point (40%-interest), Tiong Bahru Plaza, White Sands, Hougang Mall, Century Square and Tampines 1) and an office property (Central Plaza). FCT's malls enjoy stable and recurring shopper footfall supported by commuter traffic and residential population in the catchment. FCT also holds a 31.15% stake in Hektar Real Estate Investment Trust, a retail-focused REIT in Malaysia listed on the Main Market of Bursa Malaysia Securities Berhad. FCT is index constituent of several benchmark indices including the FTSE EPRA/NAREIT Global Real Estate Index Series (Global Developed Index), FTSE ST Real Estate investment Trust Index, MSCI Singapore Small Cap Index and the SGX iEdge S-REIT Leaders Index. Listed on the Main Board of the Singapore Exchange Securities Trading Limited since 5 July 2006, FCT is managed by Frasers Centrepoint Asset Management Ltd., a real estate management company and a wholly-owned subsidiary of Frasers Property Limited.

Full FRZCF 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.