Is IRRHF or GBDC a better dividend investment in 2026?

IRRHF currently yields 1.96% with a 5% 5-year dividend growth rate. GBDC yields 11.85% with 5% growth. The better choice depends on your goal: GBDC offers higher current income.

What is the dividend yield difference between IRRHF and GBDC?

IRRHF has a forward dividend yield of 1.96% ($39.83/share annually). GBDC yields 11.85% ($1.50/share annually). The yield gap is 9.89 percentage points.

Home › Compare › IRRHF vs GBDC

IRRHF vs GBDC: Dividend Comparison 2026

IRRHF yields 1.96% · GBDC yields 11.85%● Live data

vsPost on X →

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

🏆 GBDC wins by $20.72M in total portfolio value

INVESTMENT

TIME HORIZON10 years

IRRHF

● Live price

1.96%

Share price

$2,028.38

Annual div

$39.83

5Y div CAGR

38.6%

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$52.7K

Annual income

$10,906.08

Full IRRHF 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 — IRRHF vs GBDC

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

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

IRRHF pays

GBDC pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

IRRHF

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

$166.92/yr

After 10yr DRIP, annual income (after tax)

$9,270.17/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, GBDC beats the other by $13,921,603.73/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 IRRHF + GBDC for your $10,000?

IRRHF: 50%GBDC: 50%

100% GBDC50/50100% IRRHF

Portfolio after 10yr

$10.41M

Annual income

$8,200,084.74/yr

Blended yield

78.74%

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Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

IRRHF

No analyst data

Altman Z

12.2

Piotroski

6/9

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)

IRRHF buys

GBDC buys

Politician	Chamber	Ticker	Type	Amount	Date
David P. Joyce	🏢 House	$GBDC	▼ Sell	$1,001 - $15,000	2023-06-30
David P. Joyce	🏢 House	$GBDC	▼ Sell	$15,001 - $50,000	2023-06-19
David P. Joyce	🏢 House	$GBDC	▼ Sell	$15,001 - $50,000	2022-07-14
David P. Joyce	🏢 House	$GBDC	▼ Sell	$15,001 - $50,000	2022-07-12
Teresa Leger Fernandez	🏢 House	$GBDC	▼ Sell	$15,001 - $50,000	2021-01-20
David P. Joyce	🏢 House	$GBDC	▲ Buy	$1,001 - $15,000	2020-02-25
David P. Joyce	🏢 House	$GBDC	▲ Buy	$15,001 - $50,000	2019-05-30

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

MetricIRRHFGBDC

Forward yield	1.96%	11.85% ✓
Annual dividend / share	$39.83 ✓	$1.50
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	38.6%	51.1% ✓
Portfolio after 10y	$52.7K ✓	$20.78M
Annual income after 10y	$10,906.08	$16,389,263.41 ✓
Total dividends collected	$29.1K ✓	$20.36M
Payment frequency	quarterly	quarterly
Sector	Stock	BDC

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

Year	IRRHF Portfolio	IRRHF Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1← crossover	$10,972	$272.18	$12,490	$1,790.28	$1.5K → GBDC
2	$12,127	$386.84	$16,522	$3,157.73	$4.4K → GBDC
3	$13,530	$553.83	$23,578	$5,898.68	$10.0K → GBDC
4	$15,277	$800.37	$37,115	$11,886.75	$21.8K → GBDC
5	$17,517	$1,170.64	$66,136	$26,423.57	$48.6K → GBDC
6	$20,482	$1,738.69	$137,257	$66,491.44	$116.8K → GBDC
7	$24,549	$2,633.37	$341,734	$194,868.54	$317.2K → GBDC
8	$30,356	$4,088.41	$1,050,788	$685,133.02	$1.02M → GBDC
9	$39,030	$6,548.50	$4,099,314	$2,974,971.01	$4.06M → GBDC
10	$52,668	$10,906.08	$20,775,530	$16,389,263.41	$20.72M → GBDC

IRRHF vs GBDC: Complete Analysis 2026

IRRHF — Stock

Interroll Holding AG provides products and services for internal logistics worldwide. It offers rollers, drives, conveyors and sorters, and pallet handling products. The company's products and solutions include rollers and wheels, power supplies, controls, conveyor modules, carton flow, stacker cranes, transfer cars, pallet flow, and smart pallet movers. Its products and services are used in courier, express, and parcel; airport; trade and e-commerce; tire and automotive; fashion; food and beverage; and distribution and warehouse industries, as well as in various other manufacturing industries. The company serves original equipment manufacturers, system integrators, and end users. Interroll Holding AG was founded in 1959 and is headquartered in Sant'Antonino, Switzerland.

Full IRRHF 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.