Is HCDI or GBDC a better dividend investment in 2026?

HCDI currently yields 1005.03% with a 5% 5-year dividend growth rate. GBDC yields 11.85% with 5% growth. The better choice depends on your goal: HCDI offers higher current income.

What is the dividend yield difference between HCDI and GBDC?

HCDI has a forward dividend yield of 1005.03% ($2.00/share annually). GBDC yields 11.85% ($1.50/share annually). The yield gap is 993.18 percentage points.

Home › Compare › HCDI vs GBDC

HCDI vs GBDC: Dividend Comparison 2026

HCDI yields 1005.03% · GBDC yields 11.85%● Live data

vsPost on X →

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

🏆 HCDI wins by $2.018057914051105e+23M in total portfolio value

INVESTMENT

TIME HORIZON10 years

HCDI

● Live price

1005.03%

Share price

$0.20

Annual div

$2.00

5Y div CAGR

100%

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$2.018057914051105e+23M

Annual income

$201,767,224,790,193,330,000,000,000,000.00

Full HCDI 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 — HCDI vs GBDC

📍 HCDI 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 Period	HCDI	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%.

📅

Dividend Calendar Overlap

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

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

HCDI pays

GBDC pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

HCDI

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

$85,427.14/yr

After 10yr DRIP, annual income (after tax)

$171,502,141,071,664,300,000,000,000,000.00/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, HCDI beats the other by $171,502,141,071,664,300,000,000,000,000.00/year in after-tax income after 10 years on $10,000

⚖️

Lazy Portfolio Split Optimizer

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

HCDI: 50%GBDC: 50%

100% GBDC50/50100% HCDI

Portfolio after 10yr

$1.0090289570255525e+23M

Annual income

$100,883,612,395,096,670,000,000,000,000.00/yr

Blended yield

99.98%

📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

HCDI

No analyst data

Altman Z

0.1

Piotroski

1/9

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)

HCDI buys

GBDC buys

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

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

MetricHCDIGBDC

Forward yield	1005.03% ✓	11.85%
Annual dividend / share	$2.00 ✓	$1.50
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	100% ✓	51.1%
Portfolio after 10y	$2.018057914051105e+23M	$20.78M ✓
Annual income after 10y	$201,767,224,790,193,330,000,000,000,000.00 ✓	$16,389,263.41
Total dividends collected	$2.0180326751285186e+23M	$20.36M ✓
Payment frequency	quarterly	quarterly
Sector	Stock	BDC

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

Year	HCDI Portfolio	HCDI Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1← crossover	$211,705	$201,005.03	$12,490	$1,790.28	+$199.2K → HCDI
2	$8,180,501	$7,953,976.43	$16,522	$3,157.73	+$8.16M → HCDI
3	$583,238,862	$574,485,726.27	$23,578	$5,898.68	+$583.22M → HCDI
4	$77,182,320,035	$76,558,254,452.40	$37,115	$11,886.75	+$77182.28M → HCDI
5	$19,019,516,912,574	$18,936,931,830,136.57	$66,136	$26,423.57	+$19019516.85M → HCDI
6	$8,742,780,759,918,048	$8,722,429,876,821,594.00	$137,257	$66,491.44	+$8742780759.78M → HCDI
7	$7,503,701,998,123,799,000	$7,494,347,222,710,686,000.00	$341,734	$194,868.54	+$7503701998123.46M → HCDI
8	$12,030,839,931,215,220,000,000	$12,022,810,970,077,226,000,000.00	$1,050,788	$685,133.02	+$12030839931215218.00M → HCDI
9	$36,043,565,343,171,823,000,000,000	$36,030,692,344,445,424,000,000,000.00	$4,099,314	$2,974,971.01	+$36043565343171821568.00M → HCDI
10	$201,805,791,405,110,500,000,000,000,000	$201,767,224,790,193,330,000,000,000,000.00	$20,775,530	$16,389,263.41	+$2.018057914051105e+23M → HCDI

HCDI vs GBDC: Complete Analysis 2026

HCDI — Stock

Harbor Custom Development, Inc. operates as a real estate development company in Washington, California, Texas, and Florida. The company is involved in land acquisition, entitlements, development, construction of project infrastructure, single and multi-family vertical construction, marketing, sales, and management of various residential projects. It undertakes projects, such as residential lots, home communities, townhomes, and multi-story condominium or apartment properties The company was formerly known as Harbor Custom Homes, Inc. and changed its name to Harbor Custom Development, Inc. in August 2019. Harbor Custom Development, Inc. was incorporated in 2014 and is based in Gig Harbor, Washington.

Full HCDI 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 →

📬

Get this HCDI vs GBDC comparison by email

Save your analysis + weekly dividend insights. Free forever.

More comparisons

HCDI vs SCHD HCDI vs JEPI HCDI vs O HCDI vs KO HCDI 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.