HomeCompareHBFGF vs GBDC

HBFGF vs GBDC: Dividend Comparison 2026

HBFGF yields 173.91% · GBDC yields 11.85%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 HBFGF wins by $33.65M in total portfolio value
10 years
HBFGF
HBFGF
● Live price
173.91%
Share price
$1.15
Annual div
$2.00
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$54.43M
Annual income
$25,540,526.13
Full HBFGF 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 — HBFGF vs GBDC

📍 HBFGF pulled ahead of the other in Year 1

Annual dividend income

🛡️

Recession Test — Did They Cut Dividends?

How each stock treated shareholders during the 3 biggest crises of the last 20 years

Crisis PeriodHBFGFGBDC
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, HBFGF + GBDC cover 0 of 12 monthsgood coverage

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

Tax Bracket Optimizer

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

HBFGF
Annual income on $10K today (after 15% tax)
$14,782.61/yr
After 10yr DRIP, annual income (after tax)
$21,709,447.21/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, HBFGF beats the other by $7,778,573.31/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

HBFGF: 50%GBDC: 50%
100% GBDC50/50100% HBFGF
Portfolio after 10yr
$37.60M
Annual income
$20,964,894.77/yr
Blended yield
55.75%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

HBFGF
No analyst data
Altman Z
6.8
Piotroski
4/9
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)

HBFGF buys
0
GBDC buys
2
PoliticianChamberTickerTypeAmountDate
David P. Joyce🏢 House$GBDC▼ Sell$1,001 - $15,0002023-06-30
David P. Joyce🏢 House$GBDC▼ Sell$15,001 - $50,0002023-06-19
David P. Joyce🏢 House$GBDC▼ Sell$15,001 - $50,0002022-07-14
David P. Joyce🏢 House$GBDC▼ Sell$15,001 - $50,0002022-07-12
Teresa Leger Fernandez🏢 House$GBDC▼ Sell$15,001 - $50,0002021-01-20
David P. Joyce🏢 House$GBDC▲ Buy$1,001 - $15,0002020-02-25
David P. Joyce🏢 House$GBDC▲ Buy$15,001 - $50,0002019-05-30
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricHBFGFGBDC
Forward yield173.91%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$54.43M$20.78M
Annual income after 10y$25,540,526.13$16,389,263.41
Total dividends collected$50.87M$20.36M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearHBFGF PortfolioHBFGF Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$28,091$17,391.30$12,490$1,790.28+$15.6KHBFGF
2$75,716$45,658.36$16,522$3,157.73+$59.2KHBFGF
3$196,031$115,014.49$23,578$5,898.68+$172.5KHBFGF
4$488,047$278,294.64$37,115$11,886.75+$450.9KHBFGF
5$1,169,740$647,528.81$66,136$26,423.57+$1.10MHBFGF
6$2,702,070$1,450,448.98$137,257$66,491.44+$2.56MHBFGF
7$6,022,526$3,131,310.54$341,734$194,868.54+$5.68MHBFGF
8$12,966,757$6,522,654.60$1,050,788$685,133.02+$11.92MHBFGF
9$26,999,249$13,124,818.72$4,099,314$2,974,971.01+$22.90MHBFGF
10$54,429,723$25,540,526.13$20,775,530$16,389,263.41+$33.65MHBFGF

HBFGF vs GBDC: Complete Analysis 2026

HBFGFStock

Happy Belly Food Group Inc. operates as a multi-branded restaurant company that engages in acquiring and scaling emerging food brands across Canada. It operates through Consumer Product Goods and Quick Restaurant Services segments. The company produces and sells breakfast cereal and related food products under the Holy Crap brand; and snack food products under the Lumber Heads brand through retailers, as well as online retailers and its website. It also operates various corporate quick service restaurants under the Heal Lifestyle, Lettuce Love, Joey Turks Caribbean Grill, Pirho Fresh Greek Grill, and Rosie's Burgers names in Ontario and Vancouver; and franchisee restaurant under the Heal Wellness brand. The company was formerly known as Plant & Co. Brands Ltd. and changed its name to Happy Belly Food Group Inc. in September 2022. Happy Belly Food Group Inc. was incorporated in 2014 and is based in Vancouver, Canada.

Full HBFGF 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 →
📬

Get this HBFGF vs GBDC comparison by email

Save your analysis + weekly dividend insights. Free forever.

More comparisons

HBFGF vs SCHDHBFGF vs JEPIHBFGF vs OHBFGF vs KOHBFGF vs MAIN

⚠️ Educational purposes only. Not financial advice. Congressional trades sourced from SEC STOCK Act filings via FMP. Past performance does not guarantee future results.