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GGNPF vs GBDC: Dividend Comparison 2026

GGNPF yields 3.43% · GBDC yields 11.85%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $20.76M in total portfolio value
10 years
GGNPF
GGNPF
● Live price
3.43%
Share price
$0.89
Annual div
$0.03
5Y div CAGR
-50%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$20.3K
Annual income
$0.34
Full GGNPF 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 — GGNPF 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 PeriodGGNPFGBDC
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, GGNPF + GBDC cover 0 of 12 monthsgood coverage

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

GGNPF
Annual income on $10K today (after 15% tax)
$291.29/yr
After 10yr DRIP, annual income (after tax)
$0.29/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, GBDC beats the other by $13,930,873.61/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

GGNPF: 50%GBDC: 50%
100% GBDC50/50100% GGNPF
Portfolio after 10yr
$10.40M
Annual income
$8,194,631.87/yr
Blended yield
78.81%
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Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

GGNPF
No analyst data
Altman Z
4.1
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.
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Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

GGNPF 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 →
MetricGGNPFGBDC
Forward yield3.43%11.85%
Annual dividend / share$0.03$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR-50%51.1%
Portfolio after 10y$20.3K$20.78M
Annual income after 10y$0.34$16,389,263.41
Total dividends collected$346.00$20.36M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearGGNPF PortfolioGGNPF Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$10,871$171.35$12,490$1,790.28$1.6KGBDC
2$11,719$87.05$16,522$3,157.73$4.8KGBDC
3$12,584$43.85$23,578$5,898.68$11.0KGBDC
4$13,486$22.00$37,115$11,886.75$23.6KGBDC
5$14,442$11.02$66,136$26,423.57$51.7KGBDC
6$15,458$5.51$137,257$66,491.44$121.8KGBDC
7$16,543$2.76$341,734$194,868.54$325.2KGBDC
8$17,702$1.38$1,050,788$685,133.02$1.03MGBDC
9$18,942$0.69$4,099,314$2,974,971.01$4.08MGBDC
10$20,268$0.34$20,775,530$16,389,263.41$20.76MGBDC

GGNPF vs GBDC: Complete Analysis 2026

GGNPFStock

PT Gudang Garam Tbk produces and sells cigarettes in Indonesia and internationally. The company operates through Cigarettes, Paperboards, and Others segments. It offers hand-rolled, machine-made, and klobot clove cigarettes. The company markets its products under the Gudang Garam Family, Surya Family, GG Family, and other brand names. It is also involved in trading activities; and provision of safety protective equipment, and investment and construction services. In addition, the company provides tobacco processing, non-scheduled air transportation, and entertainment services. The company was formerly known as PT Perusahaan Rokok Tjap "Gudang Garam" Kediri. PT Gudang Garam Tbk was founded in 1958 and is headquartered in Kediri, Indonesia. PT Gudang Garam Tbk is a subsidiary of PT Suryaduta Investama.

Full GGNPF 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.