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GAMI vs GBDC: Dividend Comparison 2026

GAMI yields 1.50% · GBDC yields 11.86%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $20.83M in total portfolio value
10 years
GAMI
GAMI
● Live price
1.50%
Share price
$24.00
Annual div
$0.36
5Y div CAGR
-50%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$19.9K
Annual income
$0.15
Full GAMI 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 — GAMI 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 PeriodGAMIGBDC
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, GAMI + GBDC cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
GAMI 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.

GAMI
Annual income on $10K today (after 15% tax)
$127.50/yr
After 10yr DRIP, annual income (after tax)
$0.13/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 $13,983,123.63/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 GAMI + GBDC for your $10,000?

GAMI: 50%GBDC: 50%
100% GBDC50/50100% GAMI
Portfolio after 10yr
$10.43M
Annual income
$8,225,366.99/yr
Blended yield
78.83%
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Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

GAMI
Analyst Ratings
1
Hold
1
Sell
Consensus: Hold
Altman Z
7.6
Piotroski
7/9
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.
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Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

GAMI buys
0
GBDC buys
0
No recent congressional trades found for GAMI or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricGAMIGBDC
Forward yield1.50%11.86%
Annual dividend / share$0.36$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR-50%51.1%
Portfolio after 10y$19.9K$20.85M
Annual income after 10y$0.15$16,450,733.83
Total dividends collected$151.00$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC
Analyst consensusHoldBuy

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

YearGAMI PortfolioGAMI Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$10,775$75.00$12,492$1,791.70$1.7KGBDC
2$11,567$37.76$16,527$3,160.58$5.0KGBDC
3$12,396$18.94$23,588$5,904.90$11.2KGBDC
4$13,273$9.49$37,141$11,901.65$23.9KGBDC
5$14,207$4.75$66,205$26,463.38$52.0KGBDC
6$15,204$2.37$137,452$66,612.65$122.2KGBDC
7$16,269$1.19$342,372$195,298.53$326.1KGBDC
8$17,408$0.59$1,053,292$686,954.33$1.04MGBDC
9$18,627$0.30$4,111,439$2,984,416.95$4.09MGBDC
10$19,931$0.15$20,849,974$16,450,733.83$20.83MGBDC

GAMI vs GBDC: Complete Analysis 2026

GAMIStock

GAMCO Investors, Inc. is a publicly owned holding investment manager. The firm also provides wealth management, investment advisory, institutional research, brokerage, dealer, underwriting, and distribution services to its clients. It provides its services to individuals including high net worth individuals, corporate pension and profit-sharing plans, foundations, endowments, jointly trust plans, municipalities, and investment companies. The firm, through its subsidiaries, manages separate client-focused equity, fixed income, and balanced portfolios. It also launches equity, fixed income, and balanced mutual funds and manages equity mutual funds for its clients. Through its subsidiaries the firm invests in the public equity and fixed income markets across the globe. It invests in value stocks of companies. The firm employs fundamental analysis with a focus on bottom-up stock picking approach to create its portfolios. It conducts in-house research to make its investments. The firm was founded in 1976 and is based in Rye, New York with additional offices in Greenwich, Connecticut; Bannockburn, Illinois; and Tokyo, Japan. GAMCO Investors, Inc. operates as a subsidiary of Ggcp Holdings Llc.

Full GAMI 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.