HomeCompareHZNOF vs GBDC

HZNOF vs GBDC: Dividend Comparison 2026

HZNOF yields 3.25% · GBDC yields 11.85%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 HZNOF wins by $592.53M in total portfolio value· pulled ahead in Year 7
10 years
HZNOF
HZNOF
● Live price
3.25%
Share price
$8.66
Annual div
$0.28
5Y div CAGR
100%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$613.31M
Annual income
$579,032,194.42
Full HZNOF 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 — HZNOF vs GBDC

📍 HZNOF pulled ahead of the other in Year 7

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 PeriodHZNOFGBDC
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, HZNOF + GBDC cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
HZNOF 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.

HZNOF
Annual income on $10K today (after 15% tax)
$275.87/yr
After 10yr DRIP, annual income (after tax)
$492,177,365.26/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, HZNOF beats the other by $478,246,491.36/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

HZNOF: 50%GBDC: 50%
100% GBDC50/50100% HZNOF
Portfolio after 10yr
$317.04M
Annual income
$297,710,728.91/yr
Blended yield
93.90%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

HZNOF
Analyst Ratings
1
Hold
Consensus: Hold
Altman Z
3.0
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)

HZNOF buys
0
GBDC buys
2
PoliticianChamberTickerTypeAmountDate
David P. Joyce🏢 House$GBDC▼ Sell$1,001 - $15,0002023-06-30
David P. Joyce🏢 House$GBDC▼ Sell$15,001 - $50,0002023-06-19
David P. Joyce🏢 House$GBDC▼ Sell$15,001 - $50,0002022-07-14
David P. Joyce🏢 House$GBDC▼ Sell$15,001 - $50,0002022-07-12
Teresa Leger Fernandez🏢 House$GBDC▼ Sell$15,001 - $50,0002021-01-20
David P. Joyce🏢 House$GBDC▲ Buy$1,001 - $15,0002020-02-25
David P. Joyce🏢 House$GBDC▲ Buy$15,001 - $50,0002019-05-30
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricHZNOFGBDC
Forward yield3.25%11.85%
Annual dividend / share$0.28$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR100%51.1%
Portfolio after 10y$613.31M$20.78M
Annual income after 10y$579,032,194.42$16,389,263.41
Total dividends collected$610.79M$20.36M
Payment frequencyquarterlyquarterly
SectorStockBDC
Analyst consensusHoldBuy

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

YearHZNOF PortfolioHZNOF Income/yrGBDC PortfolioGBDC Income/yrGap
1$11,349$649.10$12,490$1,790.28$1.1KGBDC
2$13,520$1,376.95$16,522$3,157.73$3.0KGBDC
3$17,533$3,066.17$23,578$5,898.68$6.0KGBDC
4$26,192$7,432.04$37,115$11,886.75$10.9KGBDC
5$48,779$20,752.58$66,136$26,423.57$17.4KGBDC
6$124,432$72,238.83$137,257$66,491.44$12.8KGBDC
7← crossover$477,587$344,445.05$341,734$194,868.54+$135.9KHZNOF
8$2,982,101$2,471,082.65$1,050,788$685,133.02+$1.93MHZNOF
9$32,031,377$28,840,528.71$4,099,314$2,974,971.01+$27.93MHZNOF
10$613,305,767$579,032,194.42$20,775,530$16,389,263.41+$592.53MHZNOF

HZNOF vs GBDC: Complete Analysis 2026

HZNOFStock

Dexterra Group Inc. provides support services for the creation, management, and operation of infrastructure in Canada. It operates through three segments: Integrated Facilities Management; Modular Solutions; and Workforce Accommodations, Forestry and Energy Services (WAFES). The Integrated Facilities Management segment delivers operation and maintenance solutions for built assets and infrastructure in the public and private sectors, including aviation, defense, retail, healthcare, business and industry, education, rail, hotels and leisure, and government. The Modular Solutions segment designs, manufactures, transports, and installs multi-unit residential, retail, and commercial modular buildings for housing, commercial, residential, and industrial clients. The WAFES segment provides workforce accommodation, camp management, and catering services; offers tree planting and thinning services; and rents and sells office units, lavatory units, mine dry units, wellsite units, and associated equipment, as well as provides access mat rentals. The company was formerly known as Horizon North Logistics Inc. and changed its name to Dexterra Group Inc. in November 2020. Dexterra Group Inc. was founded in 1985 and is headquartered in Mississauga, Canada.

Full HZNOF 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.