HomeCompareGBDC vs UL

GBDC vs UL: Dividend Comparison 2026

GBDC yields 11.86% · UL yields 3.86%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $20.81M in total portfolio value
10 years
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 →
UL
UL
● Live price
3.86%
Share price
$59.98
Annual div
$2.32
5Y div CAGR
20.5%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$41.8K
Annual income
$4,702.90
Full UL calculator →

Portfolio growth — GBDC vs UL

📍 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 PeriodGBDCUL
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, GBDC + UL cover 0 of 12 monthsgood coverage

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

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

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
UL
Annual income on $10K today (after 15% tax)
$328.29/yr
After 10yr DRIP, annual income (after tax)
$3,997.46/yr
At 15% tax rate, GBDC beats the other by $13,979,126.29/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

GBDC: 50%UL: 50%
100% UL50/50100% GBDC
Portfolio after 10yr
$10.45M
Annual income
$8,227,718.37/yr
Blended yield
78.77%
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Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

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
UL
Analyst Ratings
9
Buy
17
Hold
9
Sell
Consensus: Hold
Price Target
$65.55
+9.3% upside vs current
Range: $60.10 — $71.00
Altman Z
4.6
Piotroski
7/9
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)

GBDC buys
2
UL buys
0
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 →
MetricGBDCUL
Forward yield11.86%3.86%
Annual dividend / share$1.50$2.32
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR51.1%20.5%
Portfolio after 10y$20.85M$41.8K
Annual income after 10y$16,450,733.83$4,702.90
Total dividends collected$20.43M$18.4K
Payment frequencyquarterlyquarterly
SectorBDCStock
Analyst consensusBuyHold
Analyst price target$14.00$65.55

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

YearGBDC PortfolioGBDC Income/yrUL PortfolioUL Income/yrGap
1← crossover$12,492$1,791.70$11,165$465.40+$1.3KGBDC
2$16,527$3,160.58$12,532$585.20+$4.0KGBDC
3$23,588$5,904.90$14,149$739.71+$9.4KGBDC
4$37,141$11,901.65$16,080$940.52+$21.1KGBDC
5$66,205$26,463.38$18,409$1,203.74+$47.8KGBDC
6$137,452$66,612.65$21,250$1,551.98+$116.2KGBDC
7$342,372$195,298.53$24,755$2,017.49+$317.6KGBDC
8$1,053,292$686,954.33$29,135$2,646.78+$1.02MGBDC
9$4,111,439$2,984,416.95$34,682$3,508.06+$4.08MGBDC
10$20,849,974$16,450,733.83$41,813$4,702.90+$20.81MGBDC

GBDC vs UL: Complete Analysis 2026

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.

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ULStock

Unilever PLC operates as a fast-moving consumer goods company. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment provides skin care and hair care products, deodorants, and skin cleansing products. The Foods & Refreshment segment offers ice cream, soups, bouillons, seasonings, mayonnaise, ketchups, and tea categories. The Home Care segment provides fabric solutions and various cleaning products. The company offers its products under the Domestos, OMO, Seventh Generation, Ben & Jerry's, Knorr, Magnum, Wall's, Bango, the Vegetarian Butcher, Axe, Cif, Comfort, Dove, Lifebuoy, Lux, Rexona, Sunsilk, Equilibra, OLLY, Liquid I.V., SmartyPants, Onnit, Hellmann's, and Vaseline brands. Unilever PLC was incorporated in 1894 and is headquartered in London, the United Kingdom.

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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.