Is MEIYF or GBDC a better dividend investment in 2026?

MEIYF currently yields 8.51% with a 5% 5-year dividend growth rate. GBDC yields 11.85% with 5% growth. The better choice depends on your goal: GBDC offers higher current income.

What is the dividend yield difference between MEIYF and GBDC?

MEIYF has a forward dividend yield of 8.51% ($1.17/share annually). GBDC yields 11.85% ($1.50/share annually). The yield gap is 3.34 percentage points.

Home › Compare › MEIYF vs GBDC

MEIYF vs GBDC: Dividend Comparison 2026

MEIYF yields 8.51% · GBDC yields 11.85%● Live data

vsPost on X →

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

🏆 MEIYF wins by $847.75M in total portfolio value· pulled ahead in Year 3

INVESTMENT

TIME HORIZON10 years

MEIYF

● Live price

8.51%

Share price

$13.76

Annual div

$1.17

5Y div CAGR

76.4%

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$868.53M

Annual income

$804,738,497.33

Full MEIYF 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 — MEIYF vs GBDC

📍 MEIYF pulled ahead of the other in Year 3

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	MEIYF	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, MEIYF + GBDC cover 0 of 12 months — good coverage

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

MEIYF pays

GBDC pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

MEIYF

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

$723.10/yr

After 10yr DRIP, annual income (after tax)

$684,027,722.73/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, MEIYF beats the other by $670,096,848.83/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 MEIYF + GBDC for your $10,000?

MEIYF: 50%GBDC: 50%

100% GBDC50/50100% MEIYF

Portfolio after 10yr

$444.65M

Annual income

$410,563,880.37/yr

Blended yield

92.33%

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Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

MEIYF

Analyst Ratings

Hold

Consensus: Hold

Altman Z

0.9

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.

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

MEIYF buys

GBDC buys

No recent congressional trades found for MEIYF or GBDC in the last 90 days.

STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →

MetricMEIYFGBDC

Forward yield	8.51%	11.85% ✓
Annual dividend / share	$1.17	$1.50 ✓
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	76.4% ✓	51.1%
Portfolio after 10y	$868.53M ✓	$20.78M
Annual income after 10y	$804,738,497.33 ✓	$16,389,263.41
Total dividends collected	$863.78M ✓	$20.36M
Payment frequency	quarterly	quarterly
Sector	Stock	BDC
Analyst consensus	Hold	Buy

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

Year	MEIYF Portfolio	MEIYF Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1	$12,201	$1,500.64	$12,490	$1,790.28	$289.00 → GBDC
2	$16,073	$3,018.37	$16,522	$3,157.73	$449.00 → GBDC
3← crossover	$23,754	$6,555.47	$23,578	$5,898.68	+$176.00 → MEIYF
4	$41,388	$15,971.67	$37,115	$11,886.75	+$4.3K → MEIYF
5	$90,164	$45,878.60	$66,136	$26,423.57	+$24.0K → MEIYF
6	$261,247	$164,771.55	$137,257	$66,491.44	+$124.0K → MEIYF
7	$1,066,608	$787,074.25	$341,734	$194,868.54	+$724.9K → MEIYF
8	$6,438,935	$5,297,664.23	$1,050,788	$685,133.02	+$5.39M → MEIYF
9	$59,613,653	$52,723,992.72	$4,099,314	$2,974,971.01	+$55.51M → MEIYF
10	$868,525,106	$804,738,497.33	$20,775,530	$16,389,263.41	+$847.75M → MEIYF

MEIYF vs GBDC: Complete Analysis 2026

MEIYF — Stock

Mercialys is one of France's leading real estate companies, focused exclusively on shopping centers and high-street retail assets. At June 30, 2020, Mercialys had a portfolio of 2,111 leases, representing a rental value of Euro 182.3 million on an annualized basis. At June 30, 2020, it owned properties with an estimated value of Euro 3.5 billion (including transfer taxes). Mercialys has had "SIIC" real estate investment trust (REIT) tax status since November 1, 2005 and has been listed on Euronext Paris Compartment A (ticker: MERY) since its initial public offering on October 12, 2005. At June 30, 2020, there were 92,049,169 shares outstanding.

Full MEIYF 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.