Is LTRPA or GBDC a better dividend investment in 2026?

LTRPA currently yields 763.36% with a 5% 5-year dividend growth rate. GBDC yields 11.85% with 5% growth. The better choice depends on your goal: LTRPA offers higher current income.

What is the dividend yield difference between LTRPA and GBDC?

LTRPA has a forward dividend yield of 763.36% ($2.00/share annually). GBDC yields 11.85% ($1.50/share annually). The yield gap is 751.51 percentage points.

Home › Compare › LTRPA vs GBDC

LTRPA vs GBDC: Dividend Comparison 2026

LTRPA yields 763.36% · GBDC yields 11.85%● Live data

vsPost on X →

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

🏆 LTRPA wins by $1869408.14M in total portfolio value

INVESTMENT

TIME HORIZON10 years

LTRPA

● Live price

763.36%

Share price

$0.26

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$1869428.92M

Annual income

$1,486,390,738,967.84

Full LTRPA 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 — LTRPA vs GBDC

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

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

LTRPA pays

GBDC pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

LTRPA

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

$64,885.50/yr

After 10yr DRIP, annual income (after tax)

$1,263,432,128,122.66/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, LTRPA beats the other by $1,263,418,197,248.77/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 LTRPA + GBDC for your $10,000?

LTRPA: 50%GBDC: 50%

100% GBDC50/50100% LTRPA

Portfolio after 10yr

$934724.85M

Annual income

$743,203,564,115.62/yr

Blended yield

79.51%

📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

LTRPA

Analyst Ratings

Hold

Consensus: Hold

Altman Z

-0.4

Piotroski

5/9

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)

LTRPA 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 →

MetricLTRPAGBDC

Forward yield	763.36% ✓	11.85%
Annual dividend / share	$2.00 ✓	$1.50
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	51.1% ✓
Portfolio after 10y	$1869428.92M ✓	$20.78M
Annual income after 10y	$1,486,390,738,967.84 ✓	$16,389,263.41
Total dividends collected	$1838894.81M ✓	$20.36M
Payment frequency	quarterly	quarterly
Sector	Stock	BDC
Analyst consensus	Hold	Buy

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

Year	LTRPA Portfolio	LTRPA Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1← crossover	$87,036	$76,335.88	$12,490	$1,790.28	+$74.5K → LTRPA
2	$714,059	$620,930.85	$16,522	$3,157.73	+$697.5K → LTRPA
3	$5,525,013	$4,760,969.45	$23,578	$5,898.68	+$5.50M → LTRPA
4	$40,339,674	$34,427,910.31	$37,115	$11,886.75	+$40.30M → LTRPA
5	$278,086,689	$234,923,238.06	$66,136	$26,423.57	+$278.02M → LTRPA
6	$1,811,079,217	$1,513,526,459.26	$137,257	$66,491.44	+$1810.94M → LTRPA
7	$11,150,057,455	$9,212,202,693.36	$341,734	$194,868.54	+$11149.72M → LTRPA
8	$64,935,869,892	$53,005,308,414.59	$1,050,788	$685,133.02	+$64934.82M → LTRPA
9	$357,979,605,898	$288,498,225,113.57	$4,099,314	$2,974,971.01	+$357975.51M → LTRPA
10	$1,869,428,917,278	$1,486,390,738,967.84	$20,775,530	$16,389,263.41	+$1869408.14M → LTRPA

LTRPA vs GBDC: Complete Analysis 2026

LTRPA — Stock

Liberty TripAdvisor Holdings, Inc., through its subsidiaries, operates travel guidance platform that connects travelers with travel partners. The company operates through two segments, Hotels, Media & Platform, and Experiences & Dining. Its travel platform provides content, price comparison tools, and online reservation and related services for destinations, accommodations, travel activities and experiences, and restaurants. The company owns and operates a portfolio of online travel guidance brands and businesses, which offers travel-planning and trip-taking resources in the travel industry; and provides click-based, display-based, and subscription-based advertising services. It also operates Viator, a website that offers research, book, and experience activities and attractions in travel destinations; and TheFork, an online restaurant reservations platform. The company was incorporated in 2013 and is headquartered in Englewood, Colorado.

Full LTRPA 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.