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GWBK vs GBDC: Dividend Comparison 2026

GWBK yields 3076.92% · GBDC yields 11.85%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 GWBK wins by $578804600644.72M in total portfolio value
10 years
GWBK
GWBK
● Live price
3076.92%
Share price
$0.07
Annual div
$2.00
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$578804600665.50M
Annual income
$544,023,840,488,516,100.00
Full GWBK calculator →
GBDC
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 — GWBK vs GBDC

📍 GWBK 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 PeriodGWBKGBDC
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%.
📅

Dividend Calendar Overlap

Combined, GWBK + GBDC cover 0 of 12 months — good coverage

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

Tax Bracket Optimizer

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

GWBK
Annual income on $10K today (after 15% tax)
$261,538.46/yr
After 10yr DRIP, annual income (after tax)
$462,420,264,415,238,660.00/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, GWBK beats the other by $462,420,264,401,307,800.00/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

GWBK: 50%GBDC: 50%
100% GBDC50/50100% GWBK
Portfolio after 10yr
$289402300343.14M
Annual income
$272,011,920,252,452,670.00/yr
Blended yield
93.99%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

GWBK
No analyst data
GBDC
Analyst Ratings
6
Buy
5
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)

GWBK buys
0
GBDC buys
0
No recent congressional trades found for GWBK or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricGWBKGBDC
Forward yield3076.92% ✓11.85%
Annual dividend / share$2.00 ✓$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR0%51.1% ✓
Portfolio after 10y$578804600665.50M ✓$20.78M
Annual income after 10y$544,023,840,488,516,100.00 ✓$16,389,263.41
Total dividends collected$576403114825.48M ✓$20.36M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearGWBK PortfolioGWBK Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$318,392$307,692.31$12,490$1,790.28+$305.9K → GWBK
2$9,496,461$9,155,781.67$16,522$3,157.73+$9.48M → GWBK
3$265,378,974$255,217,760.17$23,578$5,898.68+$265.36M → GWBK
4$6,949,441,440$6,665,485,937.77$37,115$11,886.75+$6949.40M → GWBK
5$170,564,997,752$163,129,095,411.51$66,136$26,423.57+$170564.93M → GWBK
6$3,924,365,658,393$3,741,861,110,798.54$137,257$66,491.44+$3924365.52M → GWBK
7$84,659,703,250,880$80,460,631,996,399.20$341,734$194,868.54+$84659702.91M → GWBK
8$1,712,795,370,094,185$1,622,209,487,615,743.00$1,050,788$685,133.02+$1712795369.04M → GWBK
9$32,505,383,342,974,930$30,672,692,296,974,148.00$4,099,314$2,974,971.01+$32505383338.88M → GWBK
10$578,804,600,665,499,400$544,023,840,488,516,100.00$20,775,530$16,389,263.41+$578804600644.72M → GWBK

GWBK vs GBDC: Complete Analysis 2026

GWBK — Stock

Gateway Bank, F.S.B. provides personal and commercial banking products and services in California. The company provides Personal Banking products and services, including checking accounts, savings accounts, certificate of deposit, and individual retirement accounts; and online banking services. It also offers business banking products and services, including checking and savings accounts, money market accounts, and certificate of deposit; and merchant banking services. Gateway Bank, F.S.B. was formerly known as Gateway Bank FSB and changed the name to Gateway Bank, F.S.B. in October, 2010. Gateway Bank, F.S.B. was founded in 1990 and is based in Oakland, California. Gateway Bank, F.S.B. operates as a subsidiary of SK&LLWANG, LLC.

Full GWBK 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.