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HCMLF vs GBDC: Dividend Comparison 2026

HCMLF yields 4.57% · GBDC yields 11.85%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $19.60M in total portfolio value
10 years
HCMLF
HCMLF
● Live price
4.57%
Share price
$81.00
Annual div
$3.70
5Y div CAGR
55.2%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$1.18M
Annual income
$770,288.60
Full HCMLF 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 — HCMLF 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 PeriodHCMLFGBDC
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, HCMLF + GBDC cover 0 of 12 monthsgood coverage

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

Tax Bracket Optimizer

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

HCMLF
Annual income on $10K today (after 15% tax)
$388.38/yr
After 10yr DRIP, annual income (after tax)
$654,745.31/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, GBDC beats the other by $13,276,128.59/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

HCMLF: 50%GBDC: 50%
100% GBDC50/50100% HCMLF
Portfolio after 10yr
$10.98M
Annual income
$8,579,776.00/yr
Blended yield
78.16%
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Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

HCMLF
No analyst data
Altman Z
3.2
Piotroski
6/9
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)

HCMLF buys
0
GBDC buys
0
No recent congressional trades found for HCMLF or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricHCMLFGBDC
Forward yield4.57%11.85%
Annual dividend / share$3.70$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR55.2%51.1%
Portfolio after 10y$1.18M$20.78M
Annual income after 10y$770,288.60$16,389,263.41
Total dividends collected$1.12M$20.36M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearHCMLF PortfolioHCMLF Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$11,409$709.13$12,490$1,790.28$1.1KGBDC
2$13,381$1,173.51$16,522$3,157.73$3.1KGBDC
3$16,314$1,996.36$23,578$5,898.68$7.3KGBDC
4$20,987$3,530.36$37,115$11,886.75$16.1KGBDC
5$29,043$6,587.21$66,136$26,423.57$37.1KGBDC
6$44,298$13,222.28$137,257$66,491.44$93.0KGBDC
7$76,651$29,252.30$341,734$194,868.54$265.1KGBDC
8$155,435$73,417.85$1,050,788$685,133.02$895.4KGBDC
9$382,258$215,942.35$4,099,314$2,974,971.01$3.72MGBDC
10$1,179,304$770,288.60$20,775,530$16,389,263.41$19.60MGBDC

HCMLF vs GBDC: Complete Analysis 2026

HCMLFStock

Holcim Ltd, together with its subsidiaries, operates as a building materials and solutions company in the Asia Pacific, Europe, Latin America, the Middle East, Africa, and North America. It operates through four segments: Cement, Aggregates, Ready-mix Concrete, and Solutions & Products. The company offers cement, hydraulic binders, clinker, and other cementitious materials; aggregates, such as crushed stone, gravel, and sand; and ready-mix concrete, precast concrete products, asphalts, and mortars. In addition, it engages in the provision of contracting and other services; and retail activities, as well as waste management services. Its products are used in infrastructure projects, such as roads, mines, ports, dams, data centers, stadiums, wind farms, and electric power plants; building projects comprising individual housing, collective housing, office buildings, industrial and commercial buildings, and public buildings; and affordable housing. The company was formerly known as LafargeHolcim Ltd and changed its name to Holcim Ltd in May 2021. Holcim Ltd was founded in 1833 and is headquartered in Zug, Switzerland.

Full HCMLF 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.