Is GNLAF or GBDC a better dividend investment in 2026?

GNLAF currently yields 6.03% with a 5% 5-year dividend growth rate. GBDC yields 4.00% with 5% growth. The better choice depends on your goal: GNLAF offers higher current income.

What is the dividend yield difference between GNLAF and GBDC?

GNLAF has a forward dividend yield of 6.03% ($0.15/share annually). GBDC yields 4.00% ($2.00/share annually). The yield gap is 2.03 percentage points.

Home › Compare › GNLAF vs GBDC

GNLAF vs GBDC: Dividend Comparison 2026

GNLAF yields 6.03% · GBDC yields 4.00%● Live data

vsPost on X →

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

🏆 GNLAF wins by $18147.16M in total portfolio value

INVESTMENT

TIME HORIZON10 years

GNLAF

● Live price

6.03%

Share price

$2.55

Annual div

$0.15

5Y div CAGR

100%

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$18147.19M

Annual income

$17,586,740,966.55

Full GNLAF calculator →

GBDC

● Live price

4.00%

Share price

$50.00

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$28.0K

Annual income

$899.19

Full GBDC calculator →

Portfolio growth — GNLAF vs GBDC

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

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

GNLAF pays

GBDC pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

GNLAF

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

$512.40/yr

After 10yr DRIP, annual income (after tax)

$14,948,729,821.57/yr

GBDC

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

$340.00/yr

After 10yr DRIP, annual income (after tax)

$764.31/yr

At 15% tax rate, GNLAF beats the other by $14,948,729,057.26/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 GNLAF + GBDC for your $10,000?

GNLAF: 50%GBDC: 50%

100% GBDC50/50100% GNLAF

Portfolio after 10yr

$9073.61M

Annual income

$8,793,370,932.88/yr

Blended yield

96.91%

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Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

GNLAF

No analyst data

Altman Z

1.9

Piotroski

6/9

GBDC

Analyst Ratings

Buy

Hold

Consensus: Buy

Price Target

$14.00

-72.0% 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)

GNLAF buys

GBDC buys

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

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

MetricGNLAFGBDC

Forward yield	6.03% ✓	4.00%
Annual dividend / share	$0.15	$2.00 ✓
Payout ratio	50%	50%
1-year div growth	0%	5% ✓
5-year div CAGR	100% ✓	5%
Portfolio after 10y	$18147.19M ✓	$28.0K
Annual income after 10y	$17,586,740,966.55 ✓	$899.19
Total dividends collected	$18108.36M ✓	$6.4K
Payment frequency	quarterly	quarterly
Sector	Stock	BDC

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

Year	GNLAF Portfolio	GNLAF Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1← crossover	$11,906	$1,205.65	$11,120	$420.00	+$786.00 → GNLAF
2	$15,422	$2,682.99	$12,357	$458.31	+$3.1K → GNLAF
3	$22,998	$6,496.12	$13,721	$499.76	+$9.3K → GNLAF
4	$42,714	$18,106.87	$15,227	$544.58	+$27.5K → GNLAF
5	$108,565	$62,860.73	$16,885	$593.02	+$91.7K → GNLAF
6	$414,800	$298,635.68	$18,713	$645.34	+$396.1K → GNLAF
7	$2,576,570	$2,132,733.78	$20,724	$701.81	+$2.56M → GNLAF
8	$27,518,929	$24,761,998.63	$22,938	$762.73	+$27.50M → GNLAF
9	$523,780,365	$494,335,111.44	$25,372	$828.41	+$523.75M → GNLAF
10	$18,147,185,957	$17,586,740,966.55	$28,047	$899.19	+$18147.16M → GNLAF

GNLAF vs GBDC: Complete Analysis 2026

GNLAF — Stock

Genesis Land Development Corp., an integrated land developer and residential home builder, owns and develops a portfolio of residential lands and serviced lots in the Calgary Metropolitan Area, Canada. It operates through two segments, Land Development and Home Building. The Land Development segment acquires, plans, rezones, subdivides, services, and sells residential lots, and commercial and industrial lands to third-party developers and builders. The Home Building segment designs, constructs, and sells single-family and semi-detached homes and townhomes. The company was formerly known as Genesis Capital Corp. and changed its name to Genesis Land Development Corp. in October 1998. Genesis Land Development Corp. was founded in 1991 and is headquartered in Calgary, Canada.

Full GNLAF Calculator →

GBDC — BDC

GBDC is a dividend-paying stock. Use this calculator to estimate your future dividend income, DRIP compounding returns, and passive income potential from investing in GBDC shares.

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.