HomeCompareHNLGF vs GBDC

HNLGF vs GBDC: Dividend Comparison 2026

HNLGF yields 5.69% · GBDC yields 11.85%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 HNLGF wins by $12911.92M in total portfolio value· pulled ahead in Year 4
10 years
HNLGF
HNLGF
● Live price
5.69%
Share price
$1.94
Annual div
$0.11
5Y div CAGR
100%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$12932.70M
Annual income
$12,510,379,363.42
Full HNLGF 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 — HNLGF vs GBDC

📍 HNLGF pulled ahead of the other in Year 4

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 PeriodHNLGFGBDC
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, HNLGF + GBDC cover 0 of 12 monthsgood coverage

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

Tax Bracket Optimizer

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

HNLGF
Annual income on $10K today (after 15% tax)
$483.71/yr
After 10yr DRIP, annual income (after tax)
$10,633,822,458.91/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, HNLGF beats the other by $10,619,891,585.01/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

HNLGF: 50%GBDC: 50%
100% GBDC50/50100% HNLGF
Portfolio after 10yr
$6476.74M
Annual income
$6,263,384,313.41/yr
Blended yield
96.71%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

HNLGF
No analyst data
Altman Z
0.3
Piotroski
5/9
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)

HNLGF buys
0
GBDC buys
0
No recent congressional trades found for HNLGF or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricHNLGFGBDC
Forward yield5.69%11.85%
Annual dividend / share$0.11$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR100%51.1%
Portfolio after 10y$12932.70M$20.78M
Annual income after 10y$12,510,379,363.42$16,389,263.41
Total dividends collected$12903.34M$20.36M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearHNLGF PortfolioHNLGF Income/yrGBDC PortfolioGBDC Income/yrGap
1$11,838$1,138.14$12,490$1,790.28$652.00GBDC
2$15,185$2,518.41$16,522$3,157.73$1.3KGBDC
3$22,286$6,038.25$23,578$5,898.68$1.3KGBDC
4← crossover$40,411$16,564.44$37,115$11,886.75+$3.3KHNLGF
5$99,381$56,141.13$66,136$26,423.57+$33.2KHNLGF
6$364,404$258,066.16$137,257$66,491.44+$227.1KHNLGF
7$2,158,625$1,768,712.98$341,734$194,868.54+$1.82MHNLGF
8$21,893,577$19,583,848.68$1,050,788$685,133.02+$20.84MHNLGF
9$394,690,959$371,264,831.40$4,099,314$2,974,971.01+$390.59MHNLGF
10$12,932,698,690$12,510,379,363.42$20,775,530$16,389,263.41+$12911.92MHNLGF

HNLGF vs GBDC: Complete Analysis 2026

HNLGFStock

Hang Lung Group Limited, an investment holding company, operates as a property developer in Hong Kong and Mainland China. The company operates through Property Leasing and Property Sales segments. It develops properties for sale and lease, such as large-scale commercial, office, and residential developments. The company also develops various properties, including shopping mall, office premises, residential and industrial premises, and carparking bays. Its investment properties portfolio includes Grand Gateway 66, a commercial, office, and residential complex, as well as Plaza 66, a commercial and office complex in Shanghai; Palace 66 and Forum 66 in Shenyang; Parc 66 in Jinan; Center 66 in Wuxi; Riverside 66 in Tianjin; Olympia 66 in Dalian; Spring City 66 in Kunming; Heartland 66 in Wuhan; and Westlake 66 in Hangzhou. In addition, the company offers car park and property management, financial, project management, dry and laundry cleaning, and property agency services, as well as operates and manages apartment. Hang Lung Group Limited was founded in 1960 and is headquartered in Central, Hong Kong.

Full HNLGF 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.