Is IESVF or GBDC a better dividend investment in 2026?

IESVF currently yields 931.97% with a 5% 5-year dividend growth rate. GBDC yields 11.85% with 5% growth. The better choice depends on your goal: IESVF offers higher current income.

What is the dividend yield difference between IESVF and GBDC?

IESVF has a forward dividend yield of 931.97% ($2.00/share annually). GBDC yields 11.85% ($1.50/share annually). The yield gap is 920.12 percentage points.

Home › Compare › IESVF vs GBDC

IESVF vs GBDC: Dividend Comparison 2026

IESVF yields 931.97% · GBDC yields 11.85%● Live data

vsPost on X →

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

🏆 IESVF wins by $10224742.70M in total portfolio value

INVESTMENT

TIME HORIZON10 years

IESVF

● Live price

931.97%

Share price

$0.21

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$10224763.47M

Annual income

$8,442,714,610,734.42

Full IESVF calculator →

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 — IESVF vs GBDC

📍 IESVF 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 Period	IESVF	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, IESVF + GBDC cover 0 of 12 months — good coverage

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

IESVF pays

GBDC pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

IESVF

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

$79,217.15/yr

After 10yr DRIP, annual income (after tax)

$7,176,307,419,124.26/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, IESVF beats the other by $7,176,293,488,250.36/year in after-tax income after 10 years on $10,000

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Lazy Portfolio Split Optimizer

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

IESVF: 50%GBDC: 50%

100% GBDC50/50100% IESVF

Portfolio after 10yr

$5112392.12M

Annual income

$4,221,365,499,998.91/yr

Blended yield

82.57%

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Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

IESVF

No analyst data

Altman Z

-2.7

Piotroski

1/9

GBDC

Analyst Ratings

Buy

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.

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Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

IESVF buys

GBDC buys

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

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

MetricIESVFGBDC

Forward yield	931.97% ✓	11.85%
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	$10224763.47M ✓	$20.78M
Annual income after 10y	$8,442,714,610,734.42 ✓	$16,389,263.41
Total dividends collected	$10087205.52M ✓	$20.36M
Payment frequency	quarterly	quarterly
Sector	Stock	BDC

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

Year	IESVF Portfolio	IESVF Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1← crossover	$103,897	$93,196.64	$12,490	$1,790.28	+$91.4K → IESVF
2	$1,016,106	$904,936.33	$16,522	$3,157.73	+$999.6K → IESVF
3	$9,358,492	$8,271,259.13	$23,578	$5,898.68	+$9.33M → IESVF
4	$81,209,462	$71,195,874.87	$37,115	$11,886.75	+$81.17M → IESVF
5	$664,287,502	$577,393,377.75	$66,136	$26,423.57	+$664.22M → IESVF
6	$5,124,839,890	$4,414,052,263.71	$137,257	$66,491.44	+$5124.70M → IESVF
7	$37,309,274,949	$31,825,696,265.96	$341,734	$194,868.54	+$37308.93M → IESVF
8	$256,457,190,218	$216,536,266,022.95	$1,050,788	$685,133.02	+$256456.14M → IESVF
9	$1,665,466,226,508	$1,391,057,032,974.22	$4,099,314	$2,974,971.01	+$1665462.13M → IESVF
10	$10,224,763,473,098	$8,442,714,610,734.42	$20,775,530	$16,389,263.41	+$10224742.70M → IESVF

IESVF vs GBDC: Complete Analysis 2026

IESVF — Stock

Invinity Energy Systems plc manufactures and sells vanadium flow batteries (VFB) for energy storage solutions in the United Kingdom, Canada, the United States, Australia, and China. The company also develops electricity grids, as well as offers electric grid services. It provides batteries for energy storage for utilities and developers, commercial and industrial, and off-grid and microgrid applications. Invinity Energy Systems plc was incorporated in 2006 and is based in Saint Helier, the United Kingdom.

Full IESVF 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.