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GLPEF vs GBDC: Dividend Comparison 2026

GLPEF yields 3.12% · GBDC yields 11.86%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $20.78M in total portfolio value
10 years
GLPEF
GLPEF
● Live price
3.12%
Share price
$24.00
Annual div
$0.75
5Y div CAGR
35.5%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$72.2K
Annual income
$17,928.83
Full GLPEF 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 — GLPEF 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 PeriodGLPEFGBDC
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, GLPEF + GBDC cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
GLPEF pays
GBDC pays
Both pay
Neither
💰

Tax Bracket Optimizer

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

GLPEF
Annual income on $10K today (after 15% tax)
$264.99/yr
After 10yr DRIP, annual income (after tax)
$15,239.51/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 $13,967,884.25/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

GLPEF: 50%GBDC: 50%
100% GBDC50/50100% GLPEF
Portfolio after 10yr
$10.46M
Annual income
$8,234,331.33/yr
Blended yield
78.71%
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Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

GLPEF
No analyst data
Altman Z
3.2
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.
🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

GLPEF buys
0
GBDC buys
0
No recent congressional trades found for GLPEF or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricGLPEFGBDC
Forward yield3.12%11.86%
Annual dividend / share$0.75$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR35.5%51.1%
Portfolio after 10y$72.2K$20.85M
Annual income after 10y$17,928.83$16,450,733.83
Total dividends collected$46.4K$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearGLPEF PortfolioGLPEF Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$11,122$422.42$12,492$1,791.70$1.4KGBDC
2$12,496$594.98$16,527$3,160.58$4.0KGBDC
3$14,217$846.50$23,588$5,904.90$9.4KGBDC
4$16,432$1,219.62$37,141$11,901.65$20.7KGBDC
5$19,367$1,785.08$66,205$26,463.38$46.8KGBDC
6$23,387$2,664.36$137,452$66,612.65$114.1KGBDC
7$29,099$4,074.38$342,372$195,298.53$313.3KGBDC
8$37,555$6,419.65$1,053,292$686,954.33$1.02MGBDC
9$50,676$10,492.12$4,111,439$2,984,416.95$4.06MGBDC
10$72,153$17,928.83$20,849,974$16,450,733.83$20.78MGBDC

GLPEF vs GBDC: Complete Analysis 2026

GLPEFStock

Galp Energia, SGPS, S.A. operates as an integrated energy operator in Portugal and internationally. The company operates through four segments: Upstream, Industrial & Energy Management, Commercial, and Renewables and New Business. The Upstream segment engages in the exploration, development, and production of hydrocarbons primarily in Brazil, Mozambique, and Angola. The Industrial & Energy Management segment owns refineries in Portugal, as well as is involved in activities related to energy management of oil products, gas, and electricity. This segment also provides storage and transportation infrastructure for oil and gas products, as well as engages in the sale of electricity to the grid in Portugal and Spain. The Commercial segment is involved in the areas of retail to final business-to-business and business to consumer customers of oil, gas, and electricity. The Renewables and New Business segment is involved in the development of solar and wind power generation projects in Portugal and Spain. In addition, it produces biodiesel, biofuel, and green hydrogen; and operates 1,480 service stations and 1,186 electric mobility charging points. Further, the company engages in the reinsurance business. The company was formerly known as Galp – Petróleos e Gás de Portugal, SGPS, S.A. and changed its name to Galp Energia, SGPS, S.A. in September 2000. Galp Energia, SGPS, S.A. was incorporated in 1999 and is headquartered in Lisbon, Portugal.

Full GLPEF 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.