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MDEVF vs GBDC: Dividend Comparison 2026

MDEVF yields 400.00% · GBDC yields 11.86%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $20.64M in total portfolio value· pulled ahead in Year 7
10 years
MDEVF
MDEVF
● Live price
400.00%
Share price
$0.50
Annual div
$2.00
5Y div CAGR
-50%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$208.2K
Annual income
$412.62
Full MDEVF 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 — MDEVF vs GBDC

📍 GBDC pulled ahead of the other in Year 7

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 PeriodMDEVFGBDC
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, MDEVF + GBDC cover 0 of 12 months — good coverage

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

Tax Bracket Optimizer

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

MDEVF
Annual income on $10K today (after 15% tax)
$34,000.00/yr
After 10yr DRIP, annual income (after tax)
$350.73/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 $13,982,773.03/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

MDEVF: 50%GBDC: 50%
100% GBDC50/50100% MDEVF
Portfolio after 10yr
$10.53M
Annual income
$8,225,573.23/yr
Blended yield
78.12%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

MDEVF
No analyst data
Altman Z
1.0
Piotroski
5/9
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)

MDEVF buys
0
GBDC buys
0
No recent congressional trades found for MDEVF or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricMDEVFGBDC
Forward yield400.00% ✓11.86%
Annual dividend / share$2.00 ✓$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR-50%51.1% ✓
Portfolio after 10y$208.2K ✓$20.85M
Annual income after 10y$412.62$16,450,733.83 ✓
Total dividends collected$117.9K ✓$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearMDEVF PortfolioMDEVF Income/yrGBDC PortfolioGBDC Income/yrGap
1$30,700$20,000.00$12,492$1,791.70+$18.2K → MDEVF
2$61,541$28,691.59$16,527$3,160.58+$45.0K → MDEVF
3$92,724$26,875.97$23,588$5,904.90+$69.1K → MDEVF
4$118,138$18,922.68$37,141$11,901.65+$81.0K → MDEVF
5$137,673$11,265.84$66,205$26,463.38+$71.5K → MDEVF
6$153,445$6,134.95$137,452$66,612.65+$16.0K → MDEVF
7← crossover$167,382$3,195.22$342,372$195,298.53$175.0K → GBDC
8$180,727$1,628.70$1,053,292$686,954.33$872.6K → GBDC
9$194,200$821.76$4,111,439$2,984,416.95$3.92M → GBDC
10$208,206$412.62$20,849,974$16,450,733.83$20.64M → GBDC

MDEVF vs GBDC: Complete Analysis 2026

MDEVF — Stock

Melco International Development Limited, an investment holding company, engages in the leisure and entertainment business in Macau, the Philippines, Cyprus, Japan, and Hong Kong. It operates in two segments, Casino and Hospitality, and Others. The company develops, owns, and operates a network of casino gaming and entertainment casino resorts. It is also involved in the development and operation of integrated casino and entertainment resort, and related activities; and operation of satellite casinos. In addition, the company provides financing, management, and property investment services. Further, it operates electronic gaming machines. The company was formerly known as The Macao Electric Lighting Company, Limited and changed its name to Melco International Development Limited in 1988. Melco International Development Limited was founded in 1910 and is headquartered in Central, Hong Kong.

Full MDEVF 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.