Is GRLVF or GBDC a better dividend investment in 2026?

GRLVF currently yields 264.90% with a 5% 5-year dividend growth rate. GBDC yields 11.85% with 5% growth. The better choice depends on your goal: GRLVF offers higher current income.

What is the dividend yield difference between GRLVF and GBDC?

GRLVF has a forward dividend yield of 264.90% ($2.00/share annually). GBDC yields 11.85% ($1.50/share annually). The yield gap is 253.05 percentage points.

Home › Compare › GRLVF vs GBDC

GRLVF vs GBDC: Dividend Comparison 2026

GRLVF yields 264.90% · GBDC yields 11.85%● Live data

vsPost on X →

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

🏆 GRLVF wins by $646.16M in total portfolio value

INVESTMENT

TIME HORIZON10 years

GRLVF

● Live price

264.90%

Share price

$0.76

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$666.94M

Annual income

$382,727,335.57

Full GRLVF calculator →

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 — GRLVF vs GBDC

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

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

GRLVF pays

GBDC pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

GRLVF

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

$22,516.56/yr

After 10yr DRIP, annual income (after tax)

$325,318,235.23/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, GRLVF beats the other by $311,387,361.34/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 GRLVF + GBDC for your $10,000?

GRLVF: 50%GBDC: 50%

100% GBDC50/50100% GRLVF

Portfolio after 10yr

$343.86M

Annual income

$199,558,299.48/yr

Blended yield

58.04%

📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

GRLVF

No analyst data

Altman Z

177.7

Piotroski

2/9

GBDC

Analyst Ratings

Buy

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.

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

GRLVF buys

GBDC buys

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

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

MetricGRLVFGBDC

Forward yield	264.90% ✓	11.85%
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	$666.94M ✓	$20.78M
Annual income after 10y	$382,727,335.57 ✓	$16,389,263.41
Total dividends collected	$637.22M ✓	$20.36M
Payment frequency	quarterly	quarterly
Sector	Stock	BDC

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

Year	GRLVF Portfolio	GRLVF Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1← crossover	$37,190	$26,490.07	$12,490	$1,790.28	+$24.7K → GRLVF
2	$131,865	$92,071.71	$16,522	$3,157.73	+$115.3K → GRLVF
3	$446,198	$305,102.17	$23,578	$5,898.68	+$422.6K → GRLVF
4	$1,442,280	$964,848.55	$37,115	$11,886.75	+$1.41M → GRLVF
5	$4,457,965	$2,914,724.93	$66,136	$26,423.57	+$4.39M → GRLVF
6	$13,189,803	$8,419,780.81	$137,257	$66,491.44	+$13.05M → GRLVF
7	$37,395,004	$23,281,914.50	$341,734	$194,868.54	+$37.05M → GRLVF
8	$101,702,002	$61,689,348.26	$1,050,788	$685,133.02	+$100.65M → GRLVF
9	$265,619,795	$156,798,652.47	$4,099,314	$2,974,971.01	+$261.52M → GRLVF
10	$666,940,516	$382,727,335.57	$20,775,530	$16,389,263.41	+$646.16M → GRLVF

GRLVF vs GBDC: Complete Analysis 2026

GRLVF — Stock

Group Eleven Resources Corp. engages in the exploration and evaluation of mineral properties in Ireland. The company primarily explores for zinc, lead, and silver deposits. It owns 100% interest in the Silvermines project comprising five licenses (PLs) covering 133 square kilometers located in the northern County Tipperary; the PG West project consists of 25 PLs located in the Limerick region. The company also holds 60% interest in the Ballinalack project, which comprises 6 PLs located in northeast Ireland; and 76.56% interest in the Stonepark project located in County Limerick, Ireland. Group Eleven Resources Corp. was founded in 2015 and is based in Vancouver, Canada.

Full GRLVF 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.