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MALRF vs GBDC: Dividend Comparison 2026

MALRF yields 1.52% · GBDC yields 11.85%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $20.76M in total portfolio value
10 years
MALRF
MALRF
● Live price
1.52%
Share price
$38.04
Annual div
$0.58
5Y div CAGR
-50%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$19.9K
Annual income
$0.15
Full MALRF 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 — MALRF 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 PeriodMALRFGBDC
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, MALRF + GBDC cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
MALRF pays
GBDC pays
Both pay
Neither
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Tax Bracket Optimizer

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

MALRF
Annual income on $10K today (after 15% tax)
$129.60/yr
After 10yr DRIP, annual income (after tax)
$0.13/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 $13,930,873.77/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 MALRF + GBDC for your $10,000?

MALRF: 50%GBDC: 50%
100% GBDC50/50100% MALRF
Portfolio after 10yr
$10.40M
Annual income
$8,194,631.78/yr
Blended yield
78.81%
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Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

MALRF
No analyst data
Altman Z
2.0
Piotroski
3/9
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.
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Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

MALRF buys
0
GBDC buys
0
No recent congressional trades found for MALRF or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricMALRFGBDC
Forward yield1.52%11.85%
Annual dividend / share$0.58$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR-50%51.1%
Portfolio after 10y$19.9K$20.78M
Annual income after 10y$0.15$16,389,263.41
Total dividends collected$153.00$20.36M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearMALRF PortfolioMALRF Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$10,776$76.24$12,490$1,790.28$1.7KGBDC
2$11,569$38.39$16,522$3,157.73$5.0KGBDC
3$12,398$19.26$23,578$5,898.68$11.2KGBDC
4$13,276$9.64$37,115$11,886.75$23.8KGBDC
5$14,210$4.83$66,136$26,423.57$51.9KGBDC
6$15,207$2.41$137,257$66,491.44$122.0KGBDC
7$16,272$1.21$341,734$194,868.54$325.5KGBDC
8$17,412$0.60$1,050,788$685,133.02$1.03MGBDC
9$18,631$0.30$4,099,314$2,974,971.01$4.08MGBDC
10$19,936$0.15$20,775,530$16,389,263.41$20.76MGBDC

MALRF vs GBDC: Complete Analysis 2026

MALRFStock

Mineral Resources Limited, together with subsidiaries, operates as a mining services company in Australia, China, Singapore, and internationally. It operates through five segments: Mining Services and Processing, Iron Ore, Lithium, Other Commodities, and Central. The company offers contract crushing, screening, and processing; specialized mine services, including materials handling, plant and equipment hire and maintenance, tails recovery, and aggregate crushing; and design, engineering, and construction services for resources sector. It also manages the processing, production, logistics, ship loading, marketing, and export of commodities on behalf of tenement owners; and provides specialist parts to the mining, quarrying, and recycling industries. In addition, the company has a portfolio of iron ore assets; and holds interests in the Mount Marion and Wodgina lithium projects located in Western Australia. Mineral Resources Limited was founded in 1993 and is based in Osborne Park, Australia.

Full MALRF 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.