HomeCompareMHGUP vs GBDC

MHGUP vs GBDC: Dividend Comparison 2026

MHGUP yields 7.74% · GBDC yields 11.85%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 MHGUP wins by $190.66M in total portfolio value· pulled ahead in Year 5
10 years
MHGUP
MHGUP
● Live price
7.74%
Share price
$7.75
Annual div
$0.60
5Y div CAGR
72.1%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$211.43M
Annual income
$190,228,500.03
Full MHGUP 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 — MHGUP vs GBDC

📍 MHGUP pulled ahead of the other in Year 5

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 PeriodMHGUPGBDC
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, MHGUP + GBDC cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
MHGUP 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.

MHGUP
Annual income on $10K today (after 15% tax)
$658.06/yr
After 10yr DRIP, annual income (after tax)
$161,694,225.03/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, MHGUP beats the other by $147,763,351.13/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

MHGUP: 50%GBDC: 50%
100% GBDC50/50100% MHGUP
Portfolio after 10yr
$116.10M
Annual income
$103,308,881.72/yr
Blended yield
88.98%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

MHGUP
No analyst data
Altman Z
0.7
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.
🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

MHGUP buys
0
GBDC buys
0
No recent congressional trades found for MHGUP or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricMHGUPGBDC
Forward yield7.74%11.85%
Annual dividend / share$0.60$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR72.1%51.1%
Portfolio after 10y$211.43M$20.78M
Annual income after 10y$190,228,500.03$16,389,263.41
Total dividends collected$209.77M$20.36M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearMHGUP PortfolioMHGUP Income/yrGBDC PortfolioGBDC Income/yrGap
1$12,032$1,332.39$12,490$1,790.28$458.00GBDC
2$15,453$2,578.57$16,522$3,157.73$1.1KGBDC
3$21,861$5,326.52$23,578$5,898.68$1.7KGBDC
4$35,512$12,119.96$37,115$11,886.75$1.6KGBDC
5← crossover$69,663$31,665.82$66,136$26,423.57+$3.5KMHGUP
6$174,452$99,912.63$137,257$66,491.44+$37.2KMHGUP
7$589,094$402,429.71$341,734$194,868.54+$247.4KMHGUP
8$2,816,050$2,185,720.06$1,050,788$685,133.02+$1.77MMHGUP
9$19,818,525$16,805,351.13$4,099,314$2,974,971.01+$15.72MMHGUP
10$211,434,322$190,228,500.03$20,775,530$16,389,263.41+$190.66MMHGUP

MHGUP vs GBDC: Complete Analysis 2026

MHGUPStock

Meritage Hospitality Group Inc is one of the nation's premier restaurant operators, with more than 300 restaurants in operation located in Arkansas, Connecticut, Florida, Georgia, Indiana, Massachusetts, Michigan, Missouri, Mississippi, North Carolina, South Carolina, Ohio, Oklahoma, Tennessee, Texas, and Virginia. The Company owns six independent restaurants under two concepts throughout Michigan which include Morning Belle restaurants and Stan’s Tacos.

Full MHGUP 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.