Is GENMF or GBDC a better dividend investment in 2026?

GENMF currently yields 457.46% with a 5% 5-year dividend growth rate. GBDC yields 11.85% with 5% growth. The better choice depends on your goal: GENMF offers higher current income.

What is the dividend yield difference between GENMF and GBDC?

GENMF has a forward dividend yield of 457.46% ($2.00/share annually). GBDC yields 11.85% ($1.50/share annually). The yield gap is 445.61 percentage points.

Home › Compare › GENMF vs GBDC

GENMF vs GBDC: Dividend Comparison 2026

GENMF yields 457.46% · GBDC yields 11.85%● Live data

vsPost on X →

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

🏆 GENMF wins by $31064.52M in total portfolio value

INVESTMENT

TIME HORIZON10 years

GENMF

● Live price

457.46%

Share price

$0.44

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$31085.30M

Annual income

$21,737,677,798.08

Full GENMF 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 — GENMF vs GBDC

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

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

GENMF pays

GBDC pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

GENMF

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

$38,883.81/yr

After 10yr DRIP, annual income (after tax)

$18,477,026,128.37/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, GENMF beats the other by $18,463,095,254.47/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 GENMF + GBDC for your $10,000?

GENMF: 50%GBDC: 50%

100% GBDC50/50100% GENMF

Portfolio after 10yr

$15553.04M

Annual income

$10,877,033,530.74/yr

Blended yield

69.94%

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Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

GENMF

No analyst data

Altman Z

-17.6

Piotroski

2/9

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)

GENMF buys

GBDC buys

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

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

MetricGENMFGBDC

Forward yield	457.46% ✓	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	$31085.30M ✓	$20.78M
Annual income after 10y	$21,737,677,798.08 ✓	$16,389,263.41
Total dividends collected	$30254.97M ✓	$20.36M
Payment frequency	quarterly	quarterly
Sector	Stock	BDC

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

Year	GENMF Portfolio	GENMF Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1← crossover	$56,446	$45,745.65	$12,490	$1,790.28	+$44.0K → GENMF
2	$301,719	$241,321.81	$16,522	$3,157.73	+$285.2K → GENMF
3	$1,528,387	$1,205,547.86	$23,578	$5,898.68	+$1.50M → GENMF
4	$7,342,688	$5,707,314.39	$37,115	$11,886.75	+$7.31M → GENMF
5	$33,482,028	$25,625,351.09	$66,136	$26,423.57	+$33.42M → GENMF
6	$145,030,815	$109,205,045.37	$137,257	$66,491.44	+$144.89M → GENMF
7	$597,269,686	$442,086,714.11	$341,734	$194,868.54	+$596.93M → GENMF
8	$2,340,586,079	$1,701,507,515.13	$1,050,788	$685,133.02	+$2339.54M → GENMF
9	$8,736,094,113	$6,231,667,008.67	$4,099,314	$2,974,971.01	+$8731.99M → GENMF
10	$31,085,298,499	$21,737,677,798.08	$20,775,530	$16,389,263.41	+$31064.52M → GENMF

GENMF vs GBDC: Complete Analysis 2026

GENMF — Stock

Generation Mining Limited, a mineral exploration and development stage company, focuses on base and precious metal deposits in Canada. It explores for zinc, lead, silver, molybdenum, copper, gold, diamond, tungsten, platinum, and palladium deposits. The company holds 100% interest in the Marathon Palladium and Copper project covering an area of 22,000 hectares located in north-western Ontario. It has an option to acquire a 100% interest in the Davidson molybdenum project located in British Columbia; and has rights to a mineral concession in the Darnley Bay project located in the Northwest Territories. The company was incorporated in 2018 and is based in Toronto, Canada.

Full GENMF 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.