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LGGNF vs GBDC: Dividend Comparison 2026

LGGNF yields 7.98% · GBDC yields 11.85%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $20.75M in total portfolio value
10 years
LGGNF
LGGNF
● Live price
7.98%
Share price
$3.58
Annual div
$0.29
5Y div CAGR
-8.3%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$28.4K
Annual income
$476.76
Full LGGNF calculator →
GBDC
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 — LGGNF 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 PeriodLGGNFGBDC
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, LGGNF + GBDC cover 0 of 12 monthsgood coverage

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

Tax Bracket Optimizer

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

LGGNF
Annual income on $10K today (after 15% tax)
$678.48/yr
After 10yr DRIP, annual income (after tax)
$405.25/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 $13,930,468.65/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

LGGNF: 50%GBDC: 50%
100% GBDC50/50100% LGGNF
Portfolio after 10yr
$10.40M
Annual income
$8,194,870.08/yr
Blended yield
78.78%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

LGGNF
No analyst data
Altman Z
0.2
Piotroski
7/9
GBDC
Analyst Ratings
6
Buy
5
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)

LGGNF buys
0
GBDC buys
0
No recent congressional trades found for LGGNF or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricLGGNFGBDC
Forward yield7.98%11.85%
Annual dividend / share$0.29$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR-8.3%51.1%
Portfolio after 10y$28.4K$20.78M
Annual income after 10y$476.76$16,389,263.41
Total dividends collected$6.2K$20.36M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearLGGNF PortfolioLGGNF Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$11,432$731.96$12,490$1,790.28$1.1KGBDC
2$12,949$717.13$16,522$3,157.73$3.6KGBDC
3$14,552$696.16$23,578$5,898.68$9.0KGBDC
4$16,241$670.45$37,115$11,886.75$20.9KGBDC
5$18,019$641.28$66,136$26,423.57$48.1KGBDC
6$19,890$609.75$137,257$66,491.44$117.4KGBDC
7$21,859$576.82$341,734$194,868.54$319.9KGBDC
8$23,933$543.28$1,050,788$685,133.02$1.03MGBDC
9$26,118$509.76$4,099,314$2,974,971.01$4.07MGBDC
10$28,423$476.76$20,775,530$16,389,263.41$20.75MGBDC

LGGNF vs GBDC: Complete Analysis 2026

LGGNFStock

Legal & General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally. It operates in four segments: Legal & General Retirement (LGR), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Legal & General Insurance (LGI). The LGR segment offers annuity contracts with guaranteed income for a specified time; longevity insurance products; lifetime mortgages; lifetime care plans; retirement interest only mortgages; and workplace savings scheme that provides corporate pension scheme solutions. The LGIM segment offers index fund management; active fixed income funds and liquidity funds; active equity management; solution and liability driven investment; multi-asset funds; corporate pension scheme solutions; and real assets. The LGC segment provides investment strategy and implementation, and direct investment and structuring services. The LGI segment offers protection products, such as health, disability, critical illness, and accident; individual term assurance; reinsurance; savings and death benefits; and annuities. It is also involved in the unit trust and institutional fund management, mortgage finance, treasury, building project and modular housing development, general insurance, and open-ended investment businesses. In addition, the company engages in the investment, operation, management, trading, and letting and operation of leased real estate; and construction of commercial buildings, financial intermediation, pension tracing and transfer, insurance agents and brokers, fund general partner, commercial lending, venture capital investing, contractual scheme, investor alternative investment fund, collective asset-management, and investment management activities; and provision of investment advisory, business information consultancy, and technology services. Legal & General Group Plc was founded in 1836 and is headquartered in London, the United Kingdom.

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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.