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GRCLF vs GBDC: Dividend Comparison 2026

GRCLF yields 3.31% · GBDC yields 11.86%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $20.83M in total portfolio value
10 years
GRCLF
GRCLF
● Live price
3.31%
Share price
$4.77
Annual div
$0.16
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$24.8K
Annual income
$409.91
Full GRCLF 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 — GRCLF 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 PeriodGRCLFGBDC
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, GRCLF + GBDC cover 0 of 12 monthsgood coverage

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

GRCLF
Annual income on $10K today (after 15% tax)
$281.53/yr
After 10yr DRIP, annual income (after tax)
$348.42/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 $13,982,775.33/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

GRCLF: 50%GBDC: 50%
100% GBDC50/50100% GRCLF
Portfolio after 10yr
$10.44M
Annual income
$8,225,571.88/yr
Blended yield
78.81%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

GRCLF
Analyst Ratings
1
Buy
1
Hold
Consensus: Buy
Altman Z
7.0
Piotroski
8/9
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)

GRCLF buys
0
GBDC buys
0
No recent congressional trades found for GRCLF or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricGRCLFGBDC
Forward yield3.31%11.86%
Annual dividend / share$0.16$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR0%51.1%
Portfolio after 10y$24.8K$20.85M
Annual income after 10y$409.91$16,450,733.83
Total dividends collected$3.7K$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC
Analyst consensusBuyBuy

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

YearGRCLF PortfolioGRCLF Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$11,031$331.22$12,492$1,791.70$1.5KGBDC
2$12,145$341.47$16,527$3,160.58$4.4KGBDC
3$13,346$351.35$23,588$5,904.90$10.2KGBDC
4$14,641$360.85$37,141$11,901.65$22.5KGBDC
5$16,036$369.96$66,205$26,463.38$50.2KGBDC
6$17,538$378.70$137,452$66,612.65$119.9KGBDC
7$19,152$387.06$342,372$195,298.53$323.2KGBDC
8$20,888$395.04$1,053,292$686,954.33$1.03MGBDC
9$22,753$402.66$4,111,439$2,984,416.95$4.09MGBDC
10$24,755$409.91$20,849,974$16,450,733.83$20.83MGBDC

GRCLF vs GBDC: Complete Analysis 2026

GRCLFStock

GrainCorp Limited operates as an agribusiness and processing company in Australasia, Asia, North America, Europe, the Middle East, North Africa, and internationally. It operates through two segments, Agribusiness and Processing. The company handles, markets, and trades in wheat, barley, sorghum, corn, oilseeds, pulses, organics, canola, chickpeas, and specialty commodities; handles, processes, stores, and transports grains and oilseeds; refines, bleaches, deodorizes, and blends edible fats and oil products; and crushes, processes, manufactures, and distributes edible oils. It also manufactures and supplies molasses-based feed supplements and vegetable oil to enhance farm productivity in beef cattle, sheep, dairy cattle, and other domestic livestock; and crude degummed canola oils, refined bleached canola oils, and canola meal. In addition, the company provides blended and single oils, infant nutrition, bakery margarines, spreads, and shortening; crushes oilseed products are used in cooking oils, spreads and shortenings, prepared foods, meal for dairy, poultry and livestock, cosmetics and lubricants, fuels, and other industrial applications; and operates seven bulk port terminals. Further it is involved in the procurement, shipping, accreditation, and value-added supply of tallow and used cooking oil, which are used for renewable energy feedstock and industrial applications, as well as vegetable oils; and the provision of logistics services. GrainCorp Limited was founded in 1916 and is headquartered in Sydney, Australia.

Full GRCLF 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.