HomeCompareHECO vs GBDC

HECO vs GBDC: Dividend Comparison 2026

HECO yields 5.26% · GBDC yields 11.86%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $20.82M in total portfolio value
10 years
HECO
HECO
● Live price
5.26%
Share price
$38.05
Annual div
$2.00
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$28.3K
Annual income
$735.47
Full HECO calculator →
GBDC
GBDC
● Live price
11.86%
Share price
$12.65
Annual div
$1.50
5Y div CAGR
51.1%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$20.85M
Annual income
$16,450,733.83
Full GBDC calculator →

Portfolio growth — HECO 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 PeriodHECOGBDC
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, HECO + GBDC cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
HECO pays
GBDC pays
Both pay
Neither
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Tax Bracket Optimizer

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

HECO
Annual income on $10K today (after 15% tax)
$446.78/yr
After 10yr DRIP, annual income (after tax)
$625.15/yr
GBDC
Annual income on $10K today (after 15% tax)
$1,007.91/yr
After 10yr DRIP, annual income (after tax)
$13,983,123.76/yr
At 15% tax rate, GBDC beats the other by $13,982,498.61/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

HECO: 50%GBDC: 50%
100% GBDC50/50100% HECO
Portfolio after 10yr
$10.44M
Annual income
$8,225,734.65/yr
Blended yield
78.80%
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Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

HECO
No analyst data
GBDC
Analyst Ratings
6
Buy
5
Hold
Consensus: Buy
Price Target
$14.00
+10.7% 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.
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Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

HECO buys
0
GBDC buys
0
No recent congressional trades found for HECO or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricHECOGBDC
Forward yield5.26%11.86%
Annual dividend / share$2.00$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR0%51.1%
Portfolio after 10y$28.3K$20.85M
Annual income after 10y$735.47$16,450,733.83
Total dividends collected$6.3K$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearHECO PortfolioHECO Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$11,226$525.62$12,492$1,791.70$1.3KGBDC
2$12,563$551.44$16,527$3,160.58$4.0KGBDC
3$14,019$576.76$23,588$5,904.90$9.6KGBDC
4$15,602$601.51$37,141$11,901.65$21.5KGBDC
5$17,320$625.63$66,205$26,463.38$48.9KGBDC
6$19,181$649.08$137,452$66,612.65$118.3KGBDC
7$21,196$671.81$342,372$195,298.53$321.2KGBDC
8$23,373$693.80$1,053,292$686,954.33$1.03MGBDC
9$25,724$715.02$4,111,439$2,984,416.95$4.09MGBDC
10$28,260$735.47$20,849,974$16,450,733.83$20.82MGBDC

HECO vs GBDC: Complete Analysis 2026

HECOStock

The State Street Galaxy Hedged Digital Asset Ecosystem ETF (HECO) seeks to provide long-term capital appreciation through the selection of companies that stand to benefit from the growing adoption of the blockchain and cryptocurrency industries, as well as cryptocurrency exposures through ETFs and futures, while seeking to manage overall volatility through the incorporation of an option overlay hedge strategy.Galaxy Digital Capital Management (Galaxy) will use its deep understanding of the digital asset ecosystem and expertise in blockchain technology to actively manage the portfolio.HECO is an actively managed solution from a leader in the digital asset economy that enables investors to pursue potential growth from further adoption of digital assets and that incorporates a hedging strategy to help manage downside risks.

Full HECO 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.