Is HMRRF or GBDC a better dividend investment in 2026?

HMRRF currently yields 5000.00% with a 5% 5-year dividend growth rate. GBDC yields 11.86% with 5% growth. The better choice depends on your goal: HMRRF offers higher current income.

What is the dividend yield difference between HMRRF and GBDC?

HMRRF has a forward dividend yield of 5000.00% ($2.00/share annually). GBDC yields 11.86% ($1.50/share annually). The yield gap is 4988.14 percentage points.

Home › Compare › HMRRF vs GBDC

HMRRF vs GBDC: Dividend Comparison 2026

HMRRF yields 5000.00% · GBDC yields 11.86%● Live data

vsPost on X →

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

🏆 HMRRF wins by $62217131802804.50M in total portfolio value

INVESTMENT

TIME HORIZON10 years

HMRRF

● Live price

5000.00%

Share price

$0.04

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$62217131802825.35M

Annual income

$59,861,980,287,378,210,000.00

Full HMRRF calculator →

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 — HMRRF vs GBDC

📍 HMRRF 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	HMRRF	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%.

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Dividend Calendar Overlap

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

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

HMRRF 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.

HMRRF

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

$425,000.00/yr

After 10yr DRIP, annual income (after tax)

$50,882,683,244,271,480,000.00/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, HMRRF beats the other by $50,882,683,244,257,490,000.00/year in after-tax income after 10 years on $10,000

⚖️

Lazy Portfolio Split Optimizer

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

HMRRF: 50%GBDC: 50%

100% GBDC50/50100% HMRRF

Portfolio after 10yr

$31108565901423.10M

Annual income

$29,930,990,143,697,330,000.00/yr

Blended yield

96.21%

📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

HMRRF

No analyst data

Altman Z

45.5

Piotroski

4/9

GBDC

Analyst Ratings

Buy

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)

HMRRF buys

GBDC buys

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

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

MetricHMRRFGBDC

Forward yield	5000.00% ✓	11.86%
Annual dividend / share	$2.00 ✓	$1.50
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	51.1% ✓
Portfolio after 10y	$62217131802825.35M ✓	$20.85M
Annual income after 10y	$59,861,980,287,378,210,000.00 ✓	$16,450,733.83
Total dividends collected	$62057786341622.61M ✓	$20.43M
Payment frequency	quarterly	quarterly
Sector	Stock	BDC

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

Year	HMRRF Portfolio	HMRRF Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1← crossover	$510,700	$500,000.00	$12,492	$1,791.70	+$498.2K → HMRRF
2	$24,410,935	$23,864,485.98	$16,527	$3,160.58	+$24.39M → HMRRF
3	$1,092,192,501	$1,066,072,800.30	$23,588	$5,904.90	+$1092.17M → HMRRF
4	$45,746,366,951	$44,577,720,975.17	$37,141	$11,901.65	+$45746.33M → HMRRF
5	$1,793,932,828,410	$1,744,984,215,772.56	$66,205	$26,463.38	+$1793932.76M → HMRRF
6	$65,871,973,805,320	$63,952,465,678,921.49	$137,452	$66,612.65	+$65871973.67M → HMRRF
7	$2,265,146,887,602,700	$2,194,663,875,631,007.20	$342,372	$195,298.53	+$2265146887.26M → HMRRF
8	$72,954,689,148,998,180	$70,530,981,979,263,280.00	$1,053,292	$686,954.33	+$72954689147.94M → HMRRF
9	$2,201,076,182,660,884,700	$2,123,014,665,271,456,500.00	$4,111,439	$2,984,416.95	+$2201076182656.77M → HMRRF
10	$62,217,131,802,825,350,000	$59,861,980,287,378,210,000.00	$20,849,974	$16,450,733.83	+$62217131802804.50M → HMRRF

HMRRF vs GBDC: Complete Analysis 2026

HMRRF — Stock

Hammer Metals Limited engages in the exploration and extraction of mineral resources in Australia. It primarily explores for iron oxide, copper, cobalt, and gold deposits, as well as for molybdenum and rhenium ores. The company holds 100% interests in the Mount Isa project that comprise Kalman, Overlander North and Overlander South, and Elaine deposits covering an area of approximately 2,600 square kilometers within the Mount Isa mining district, as well as a 51% interest in the Jubilee deposit. It also holds a 100% interest in the Bronzewing South gold project located in the Yandal Belt of Western Australia. The company was formerly known as Midas Resources Limited and changed its name to Hammer Metals Limited in April 2014. Hammer Metals Limited was incorporated in 2000 and is based in West Perth, Australia.

Full HMRRF 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.