Is GPIPF or GBDC a better dividend investment in 2026?

GPIPF currently yields 51282.05% with a 5% 5-year dividend growth rate. GBDC yields 11.86% with 5% growth. The better choice depends on your goal: GPIPF offers higher current income.

What is the dividend yield difference between GPIPF and GBDC?

GPIPF has a forward dividend yield of 51282.05% ($2.00/share annually). GBDC yields 11.86% ($1.50/share annually). The yield gap is 51270.19 percentage points.

Home › Compare › GPIPF vs GBDC

GPIPF vs GBDC: Dividend Comparison 2026

GPIPF yields 51282.05% · GBDC yields 11.86%● Live data

vsPost on X →

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

🏆 GPIPF wins by $6.164318307325471e+23M in total portfolio value

INVESTMENT

TIME HORIZON10 years

GPIPF

● Live price

51282.05%

Share price

$0.00

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$6.164318307325471e+23M

Annual income

$614,076,267,853,163,140,000,000,000,000.00

Full GPIPF calculator →

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 — GPIPF vs GBDC

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

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

GPIPF pays

GBDC pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

GPIPF

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

$4,358,974.36/yr

After 10yr DRIP, annual income (after tax)

$521,964,827,675,188,650,000,000,000,000.00/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, GPIPF beats the other by $521,964,827,675,188,650,000,000,000,000.00/year in after-tax income after 10 years on $10,000

⚖️

Lazy Portfolio Split Optimizer

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

GPIPF: 50%GBDC: 50%

100% GBDC50/50100% GPIPF

Portfolio after 10yr

$3.0821591536627355e+23M

Annual income

$307,038,133,926,581,570,000,000,000,000.00/yr

Blended yield

99.62%

📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

GPIPF

No analyst data

Altman Z

-2.7

Piotroski

2/9

GBDC

Analyst Ratings

Buy

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.

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Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

GPIPF buys

GBDC buys

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

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

MetricGPIPFGBDC

Forward yield	51282.05% ✓	11.86%
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	$6.164318307325471e+23M	$20.85M ✓
Annual income after 10y	$614,076,267,853,163,140,000,000,000,000.00 ✓	$16,450,733.83
Total dividends collected	$6.16277212408334e+23M	$20.43M ✓
Payment frequency	quarterly	quarterly
Sector	Stock	BDC

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

Year	GPIPF Portfolio	GPIPF Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1← crossover	$5,138,905	$5,128,205.13	$12,492	$1,791.70	+$5.13M → GPIPF
2	$2,468,429,435	$2,462,930,806.71	$16,527	$3,160.58	+$2468.41M → GPIPF
3	$1,108,293,458,836	$1,105,652,239,339.88	$23,588	$5,904.90	+$1108293.44M → GPIPF
4	$465,133,359,857,093	$463,947,485,856,138.75	$37,141	$11,901.65	+$465133359.82M → GPIPF
5	$182,471,032,796,869,920	$181,973,340,101,822,850.00	$66,205	$26,463.38	+$182471032796.80M → GPIPF
6	$66,912,846,333,441,070,000	$66,717,602,328,348,430,000.00	$137,452	$66,612.65	+$66912846333440.94M → GPIPF
7	$22,936,650,503,380,730,000,000	$22,865,053,757,803,946,000,000.00	$342,372	$195,298.53	+$22936650503380732.00M → GPIPF
8	$7,349,564,359,975,759,000,000,000	$7,325,022,143,937,141,000,000,000.00	$1,053,292	$686,954.33	+$7349564359975758848.00M → GPIPF
9	$2,201,460,634,938,307,300,000,000,000	$2,193,596,601,073,133,400,000,000,000.00	$4,111,439	$2,984,416.95	+$2.2014606349383072e+21M → GPIPF
10	$616,431,830,732,547,100,000,000,000,000	$614,076,267,853,163,140,000,000,000,000.00	$20,849,974	$16,450,733.83	+$6.164318307325471e+23M → GPIPF

GPIPF vs GBDC: Complete Analysis 2026

GPIPF — Stock

WesCan Energy Corp., a junior public resource company, explores for, develops, and produces oil and gas properties in Alberta, Canada; and Texas, the United States. It holds interests in petroleum and natural gas assets located in east-central Alberta. The company was formerly known as Great Pacific International Inc. and changed its name to WesCan Energy Corp. in October 2012. WesCan Energy Corp. was incorporated in 1993 and is headquartered in Calgary, Canada.

Full GPIPF 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.