Is IHPGF or GBDC a better dividend investment in 2026?

IHPGF currently yields 5.54% with a 5% 5-year dividend growth rate. GBDC yields 11.86% with 5% growth. The better choice depends on your goal: GBDC offers higher current income.

What is the dividend yield difference between IHPGF and GBDC?

IHPGF has a forward dividend yield of 5.54% ($0.15/share annually). GBDC yields 11.86% ($1.50/share annually). The yield gap is 6.32 percentage points.

Home › Compare › IHPGF vs GBDC

IHPGF vs GBDC: Dividend Comparison 2026

IHPGF yields 5.54% · GBDC yields 11.86%● Live data

vsPost on X →

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

🏆 GBDC wins by $20.71M in total portfolio value

INVESTMENT

TIME HORIZON10 years

IHPGF

● Live price

5.54%

Share price

$2.75

Annual div

$0.15

5Y div CAGR

33%

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$137.1K

Annual income

$44,961.91

Full IHPGF 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 — IHPGF vs GBDC

📍 GBDC 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	IHPGF	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%.

📅

Dividend Calendar Overlap

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

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

IHPGF pays

GBDC pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

IHPGF

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

$471.05/yr

After 10yr DRIP, annual income (after tax)

$38,217.62/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 $13,944,906.13/year in after-tax income after 10 years on $10,000

⚖️

Lazy Portfolio Split Optimizer

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

IHPGF: 50%GBDC: 50%

100% GBDC50/50100% IHPGF

Portfolio after 10yr

$10.49M

Annual income

$8,247,847.87/yr

Blended yield

78.60%

📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

IHPGF

No analyst data

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.

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

IHPGF buys

GBDC buys

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

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

MetricIHPGFGBDC

Forward yield	5.54%	11.86% ✓
Annual dividend / share	$0.15	$1.50 ✓
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	33%	51.1% ✓
Portfolio after 10y	$137.1K ✓	$20.85M
Annual income after 10y	$44,961.91	$16,450,733.83 ✓
Total dividends collected	$105.5K ✓	$20.43M
Payment frequency	quarterly	quarterly
Sector	Stock	BDC

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

Year	IHPGF Portfolio	IHPGF Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1← crossover	$11,437	$737.06	$12,492	$1,791.70	$1.1K → GBDC
2	$13,285	$1,047.82	$16,527	$3,160.58	$3.2K → GBDC
3	$15,728	$1,512.92	$23,588	$5,904.90	$7.9K → GBDC
4	$19,056	$2,226.34	$37,141	$11,901.65	$18.1K → GBDC
5	$23,742	$3,352.74	$66,205	$26,463.38	$42.5K → GBDC
6	$30,597	$5,192.39	$137,452	$66,612.65	$106.9K → GBDC
7	$41,056	$8,317.36	$342,372	$195,298.53	$301.3K → GBDC
8	$57,802	$13,872.47	$1,053,292	$686,954.33	$995.5K → GBDC
9	$86,125	$24,276.79	$4,111,439	$2,984,416.95	$4.03M → GBDC
10	$137,116	$44,961.91	$20,849,974	$16,450,733.83	$20.71M → GBDC

IHPGF vs GBDC: Complete Analysis 2026

IHPGF — Stock

IntegraFin Holdings plc, together with its subsidiaries, provides an investment platform for UK financial advisers and their clients. The company operates Transact platform that delivers an infrastructure, which enables advisers to implement financial plans, as well as provides real-time day-to-day and technical support services, as well as enables advisers to simplify management of the complex investment needs of clients. It also provides personal service to advisers and their clients; offers access to approximately 8,000 funds and assets listed on stock markets; and provides access to report and analysis tools, investment portfolio management, lifetime cash flow modelling, and other services. In addition, the company offers software development and maintenance; life insurance and assurance; consultancy; financial planning software; and investment administration services. IntegraFin Holdings plc was founded in 1999 and is headquartered in London, the United Kingdom.

Full IHPGF 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 →

📬

Get this IHPGF vs GBDC comparison by email

Save your analysis + weekly dividend insights. Free forever.

More comparisons

IHPGF vs SCHD IHPGF vs JEPI IHPGF vs O IHPGF vs KO IHPGF vs MAIN

⚠️ Educational purposes only. Not financial advice. Congressional trades sourced from SEC STOCK Act filings via FMP. Past performance does not guarantee future results.