Is KMSWF or GBDC a better dividend investment in 2026?

KMSWF currently yields 10.33% 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 KMSWF and GBDC?

KMSWF has a forward dividend yield of 10.33% ($0.01/share annually). GBDC yields 11.85% ($1.50/share annually). The yield gap is 1.52 percentage points.

Home › Compare › KMSWF vs GBDC

KMSWF vs GBDC: Dividend Comparison 2026

KMSWF yields 10.33% · GBDC yields 11.85%● Live data

vsPost on X →

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

🏆 KMSWF wins by $541917.32M in total portfolio value

INVESTMENT

TIME HORIZON10 years

KMSWF

● Live price

10.33%

Share price

$0.05

Annual div

$0.01

5Y div CAGR

100%

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$541938.09M

Annual income

$532,044,923,255.71

Full KMSWF 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 — KMSWF vs GBDC

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

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

KMSWF pays

GBDC pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

KMSWF

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

$878.15/yr

After 10yr DRIP, annual income (after tax)

$452,238,184,767.35/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, KMSWF beats the other by $452,224,253,893.46/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 KMSWF + GBDC for your $10,000?

KMSWF: 50%GBDC: 50%

100% GBDC50/50100% KMSWF

Portfolio after 10yr

$270979.43M

Annual income

$266,030,656,259.56/yr

Blended yield

98.17%

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Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

KMSWF

No analyst data

Altman Z

2.1

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.

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

KMSWF buys

GBDC buys

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

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

MetricKMSWFGBDC

Forward yield	10.33%	11.85% ✓
Annual dividend / share	$0.01	$1.50 ✓
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	100% ✓	51.1%
Portfolio after 10y	$541938.09M ✓	$20.78M
Annual income after 10y	$532,044,923,255.71 ✓	$16,389,263.41
Total dividends collected	$541269.24M ✓	$20.36M
Payment frequency	quarterly	quarterly
Sector	Stock	BDC

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

Year	KMSWF Portfolio	KMSWF Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1← crossover	$12,766	$2,066.24	$12,490	$1,790.28	+$276.00 → KMSWF
2	$18,590	$4,930.49	$16,522	$3,157.73	+$2.1K → KMSWF
3	$33,312	$13,420.27	$23,578	$5,898.68	+$9.7K → KMSWF
4	$80,593	$44,948.95	$37,115	$11,886.75	+$43.5K → KMSWF
5	$289,499	$203,264.53	$66,136	$26,423.57	+$223.4K → KMSWF
6	$1,674,531	$1,364,767.19	$137,257	$66,491.44	+$1.54M → KMSWF
7	$16,547,156	$14,755,408.30	$341,734	$194,868.54	+$16.21M → KMSWF
8	$290,243,831	$272,538,374.01	$1,050,788	$685,133.02	+$289.19M → KMSWF
9	$9,245,950,776	$8,935,389,876.64	$4,099,314	$2,974,971.01	+$9241.85M → KMSWF
10	$541,938,090,586	$532,044,923,255.71	$20,775,530	$16,389,263.41	+$541917.32M → KMSWF

KMSWF vs GBDC: Complete Analysis 2026

KMSWF — Stock

Kingmaker Footwear Holdings Limited, an investment holding company, manufactures and sells footwear products in the United States, Europe, Asia, and internationally. The company's products include athletic footwear; lifestyle shoes, such as casual shoes, ath-leisure shoes, etc.; rugged footwear, including mountain climbing shoes, waterproof shoes, steel-toed shoes, hand-stitched shoes, boots, etc.; and children's shoes, such as boy's and girl's shoes, infant shoes, etc. It also engages in the business of property holding and trading of footwear. Kingmaker Footwear Holdings Limited was founded in 1980 and is headquartered in Tsim Sha Tsui, Hong Kong.

Full KMSWF 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.