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INRD vs GBDC: Dividend Comparison 2026

INRD yields 183.49% · GBDC yields 11.86%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 INRD wins by $52.29M in total portfolio value
10 years
INRD
INRD
● Live price
183.49%
Share price
$1.09
Annual div
$2.00
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$73.14M
Annual income
$35,296,476.02
Full INRD calculator →
GBDC
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 — INRD vs GBDC

📍 INRD 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 PeriodINRDGBDC
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, INRD + GBDC cover 0 of 12 monthsgood coverage

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

Tax Bracket Optimizer

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

INRD
Annual income on $10K today (after 15% tax)
$15,596.33/yr
After 10yr DRIP, annual income (after tax)
$30,002,004.62/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, INRD beats the other by $16,018,880.86/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

INRD: 50%GBDC: 50%
100% GBDC50/50100% INRD
Portfolio after 10yr
$46.99M
Annual income
$25,873,604.93/yr
Blended yield
55.06%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

INRD
No analyst data
Altman Z
2.6
Piotroski
5/9
GBDC
Analyst Ratings
6
Buy
5
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)

INRD buys
0
GBDC buys
0
No recent congressional trades found for INRD or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricINRDGBDC
Forward yield183.49%11.86%
Annual dividend / share$2.00$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR0%51.1%
Portfolio after 10y$73.14M$20.85M
Annual income after 10y$35,296,476.02$16,450,733.83
Total dividends collected$68.58M$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearINRD PortfolioINRD Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$29,049$18,348.62$12,492$1,791.70+$16.6KINRD
2$80,895$49,813.30$16,527$3,160.58+$64.4KINRD
3$216,204$129,646.07$23,588$5,904.90+$192.6KINRD
4$555,168$323,829.21$37,141$11,901.65+$518.0KINRD
5$1,371,157$777,127.85$66,205$26,463.38+$1.30MINRD
6$3,260,929$1,793,791.00$137,452$66,612.65+$3.12MINRD
7$7,476,157$3,986,962.90$342,372$195,298.53+$7.13MINRD
8$16,542,194$8,542,706.24$1,053,292$686,954.33+$15.49MINRD
9$35,365,667$17,665,518.74$4,111,439$2,984,416.95+$31.25MINRD
10$73,137,739$35,296,476.02$20,849,974$16,450,733.83+$52.29MINRD

INRD vs GBDC: Complete Analysis 2026

INRDStock

Inrad Optics, Inc., together with its subsidiaries, develops, manufactures, and markets crystal-based optical components and devices, custom optical components, and precision optical and opto-mechanical assemblies worldwide. The company provides optical components, optical coatings, and subassemblies; and UV filter optical components for use in critical applications in defense systems, such as missile warning sensors, as well as opto-mechanical design and assembly services. Its optical components include planar, prismatic, and spherical components fabricated from glass and synthetic crystals; and various components consist of large form factor transmission flats, optical windows for airborne applications, multi-element optical assemblies, lenses, mirrors, polarizing optics, prisms, wave plates, and x-ray monochromators. The company also offers laser devices and instrumentation products comprising electro-optic and nonlinear crystal devices for altering the intensity, polarization, or wavelength of a laser beam, as well as other crystal components for use in laser research, in commercial laser systems, and in detection of fast neutrons; and pockels' cells and associated electronics. It also serves corporations in the laser system, process control, and metrology sectors of the photonics industry, as well as the United States Government, national laboratories, universities, and institutions. The company markets its products through sales, marketing, and customer service teams, as well as through independent sales agents. Inrad Optics, Inc. also exports its products Europe, Israel, and Asia. The company was formerly known as Photonic Products Group, Inc. and changed its name to Inrad Optics, Inc. in 2012. Inrad Optics, Inc. was incorporated in 1973 and is based in Northvale, New Jersey.

Full INRD 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.