Is MEOAF or GBDC a better dividend investment in 2026?

MEOAF currently yields 8247.42% with a 5% 5-year dividend growth rate. GBDC yields 11.85% with 5% growth. The better choice depends on your goal: MEOAF offers higher current income.

What is the dividend yield difference between MEOAF and GBDC?

MEOAF has a forward dividend yield of 8247.42% ($2.00/share annually). GBDC yields 11.85% ($1.50/share annually). The yield gap is 8235.57 percentage points.

Home › Compare › MEOAF vs GBDC

MEOAF vs GBDC: Dividend Comparison 2026

MEOAF yields 8247.42% · GBDC yields 11.85%● Live data

vsPost on X →

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

🏆 MEOAF wins by $8280291219524930.00M in total portfolio value

INVESTMENT

TIME HORIZON10 years

MEOAF

● Live price

8247.42%

Share price

$0.02

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$8280291219524951.00M

Annual income

$8,087,393,063,835,154,000,000.00

Full MEOAF 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 — MEOAF vs GBDC

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

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

MEOAF pays

GBDC pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

MEOAF

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

$701,030.93/yr

After 10yr DRIP, annual income (after tax)

$6,874,284,104,259,880,000,000.00/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, MEOAF beats the other by $6,874,284,104,259,867,000,000.00/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 MEOAF + GBDC for your $10,000?

MEOAF: 50%GBDC: 50%

100% GBDC50/50100% MEOAF

Portfolio after 10yr

$4140145609762486.00M

Annual income

$4,043,696,531,917,585,000,000.00/yr

Blended yield

97.67%

📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

MEOAF

No analyst data

Altman Z

-1.8

Piotroski

1/9

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)

MEOAF 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 →

MetricMEOAFGBDC

Forward yield	8247.42% ✓	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	$8280291219524951.00M ✓	$20.78M
Annual income after 10y	$8,087,393,063,835,154,000,000.00 ✓	$16,389,263.41
Total dividends collected	$8267409550443572.00M ✓	$20.36M
Payment frequency	quarterly	quarterly
Sector	Stock	BDC

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

Year	MEOAF Portfolio	MEOAF Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1← crossover	$835,442	$824,742.27	$12,490	$1,790.28	+$823.0K → MEOAF
2	$65,288,741	$64,394,817.85	$16,522	$3,157.73	+$65.27M → MEOAF
3	$4,773,010,703	$4,703,151,750.43	$23,578	$5,898.68	+$4772.99M → MEOAF
4	$326,443,080,508	$321,335,959,055.37	$37,115	$11,886.75	+$326443.04M → MEOAF
5	$20,888,829,199,285	$20,539,535,103,141.08	$66,136	$26,423.57	+$20888829.13M → MEOAF
6	$1,250,676,533,815,180	$1,228,325,486,571,945.20	$137,257	$66,491.44	+$1250676533.68M → MEOAF
7	$70,070,478,144,174,780	$68,732,254,252,992,540.00	$341,734	$194,868.54	+$70070478143.83M → MEOAF
8	$3,673,851,467,533,008,000	$3,598,876,055,918,741,000.00	$1,050,788	$685,133.02	+$3673851467531.96M → MEOAF
9	$180,278,650,177,381,000,000	$176,347,629,107,120,700,000.00	$4,099,314	$2,974,971.01	+$180278650177376.91M → MEOAF
10	$8,280,291,219,524,951,000,000	$8,087,393,063,835,154,000,000.00	$20,775,530	$16,389,263.41	+$8280291219524930.00M → MEOAF

MEOAF vs GBDC: Complete Analysis 2026

MEOAF — Stock

Melbana Energy Limited engages in the oil and gas exploration in Cuba and Australia. The company holds a 100% interest in the Tassie Shoal Methanol and LNG project located in Australia. It also holds a 100% interest in the Santa Cruz oil field located in Cuba; and WA-544-P and NT/P87 permits covering an area of approximately 4,000km2 in the Petrel sub-basin, as well as a 30% interest in Block 9 that covers an area of 2,344km2 located in Cuba. The company was formerly known as MEO Australia Limited and changed its name to Melbana Energy Limited in November 2016. Melbana Energy Limited was incorporated in 1994 and is headquartered in Sydney, Australia.

Full MEOAF 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.