HomeCompareMBCN vs GBDC

MBCN vs GBDC: Dividend Comparison 2026

MBCN yields 2.49% · GBDC yields 11.86%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $20.78M in total portfolio value
10 years
MBCN
MBCN
● Live price
2.49%
Share price
$33.67
Annual div
$0.84
5Y div CAGR
39.9%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$72.7K
Annual income
$19,415.44
Full MBCN calculator →
GBDC
GBDC
● Live price
11.86%
Share price
$12.65
Annual div
$1.50
5Y div CAGR
51.1%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$20.85M
Annual income
$16,450,733.83
Full GBDC calculator →

Portfolio growth — MBCN 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 PeriodMBCNGBDC
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%.
📅

Dividend Calendar Overlap

Combined, MBCN + GBDC cover 0 of 12 monthsgood coverage

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

Tax Bracket Optimizer

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

MBCN
Annual income on $10K today (after 15% tax)
$212.06/yr
After 10yr DRIP, annual income (after tax)
$16,503.12/yr
GBDC
Annual income on $10K today (after 15% tax)
$1,007.91/yr
After 10yr DRIP, annual income (after tax)
$13,983,123.76/yr
At 15% tax rate, GBDC beats the other by $13,966,620.63/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

MBCN: 50%GBDC: 50%
100% GBDC50/50100% MBCN
Portfolio after 10yr
$10.46M
Annual income
$8,235,074.64/yr
Blended yield
78.72%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

MBCN
No analyst data
Price Target
$30.00
-10.9% upside vs current
Range: $30.00 — $30.00
GBDC
Analyst Ratings
6
Buy
5
Hold
Consensus: Buy
Price Target
$14.00
+10.7% 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)

MBCN buys
0
GBDC buys
0
No recent congressional trades found for MBCN or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricMBCNGBDC
Forward yield2.49%11.86%
Annual dividend / share$0.84$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR39.9%51.1%
Portfolio after 10y$72.7K$20.85M
Annual income after 10y$19,415.44$16,450,733.83
Total dividends collected$47.4K$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC
Analyst price target$30.00$14.00

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

YearMBCN PortfolioMBCN Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$11,049$349.02$12,492$1,791.70$1.4KGBDC
2$12,327$504.21$16,527$3,160.58$4.2KGBDC
3$13,925$735.47$23,588$5,904.90$9.7KGBDC
4$15,986$1,086.30$37,141$11,901.65$21.2KGBDC
5$18,736$1,630.54$66,205$26,463.38$47.5KGBDC
6$22,546$2,498.57$137,452$66,612.65$114.9KGBDC
7$28,055$3,931.16$342,372$195,298.53$314.3KGBDC
8$36,415$6,395.91$1,053,292$686,954.33$1.02MGBDC
9$49,818$10,854.34$4,111,439$2,984,416.95$4.06MGBDC
10$72,721$19,415.44$20,849,974$16,450,733.83$20.78MGBDC

MBCN vs GBDC: Complete Analysis 2026

MBCNStock

Middlefield Banc Corp. operates as the bank holding company for The Middlefield Banking Company that provides various commercial banking services to small and medium-sized businesses, professionals, small business owners, and retail customers in northeastern and central Ohio. It provides checking, savings, negotiable order of withdrawal accounts, money market accounts, time certificates of deposit, commercial loans, real estate loans, various consumer loans, safe deposit facilities, and travelers' checks. The company also offers operational and working capital, term business, residential construction, professional, and residential and mortgage loans, as well as consumer installment loans for home improvements, automobiles, boats, and other personal expenditures; loans to finance capital purchases; selected guaranteed or subsidized loan programs for small businesses; and agricultural loans. Further, it provides official checks, money orders, ATM services, as well as IRA accounts; online banking and bill payment services to individuals; and online cash management services to business customers. In addition, the company resolves and disposes troubled assets in Ohio. As of December 31, 2021, it has 17 banking centers in Chardon, Newbury, and Middlefield, Garrettsville, Mantua, Orwell, Cortland, Dublin, Westerville, Sunbury, Powell, Beachwood, Solon, Twinsburg, and Plain City; as well as an administrative office in Middlefield, and a loan production office in Mentor. Middlefield Banc Corp. was founded in 1901 and is headquartered in Middlefield, Ohio.

Full MBCN 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.