HomeCompareMNAT vs GBDC

MNAT vs GBDC: Dividend Comparison 2026

MNAT yields 3.93% · GBDC yields 11.86%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $20.81M in total portfolio value
10 years
MNAT
MNAT
● Live price
3.93%
Share price
$32.05
Annual div
$1.26
5Y div CAGR
17.4%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$37.9K
Annual income
$3,423.50
Full MNAT 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 — MNAT vs GBDC

📍 GBDC pulled ahead of the other in Year 1

Annual dividend income

🛡️

Recession Test — Did They Cut Dividends?

How each stock treated shareholders during the 3 biggest crises of the last 20 years

Crisis PeriodMNATGBDC
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, MNAT + GBDC cover 0 of 12 monthsgood coverage

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

Tax Bracket Optimizer

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

MNAT
Annual income on $10K today (after 15% tax)
$334.17/yr
After 10yr DRIP, annual income (after tax)
$2,909.98/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 $13,980,213.78/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

MNAT: 50%GBDC: 50%
100% GBDC50/50100% MNAT
Portfolio after 10yr
$10.44M
Annual income
$8,227,078.67/yr
Blended yield
78.77%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

MNAT
No analyst data
Altman Z
0.2
Piotroski
6/9
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)

MNAT buys
0
GBDC buys
0
No recent congressional trades found for MNAT or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricMNATGBDC
Forward yield3.93%11.86%
Annual dividend / share$1.26$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR17.4%51.1%
Portfolio after 10y$37.9K$20.85M
Annual income after 10y$3,423.50$16,450,733.83
Total dividends collected$14.8K$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearMNAT PortfolioMNAT Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$11,162$461.54$12,492$1,791.70$1.3KGBDC
2$12,508$565.22$16,527$3,160.58$4.0KGBDC
3$14,079$694.98$23,588$5,904.90$9.5KGBDC
4$15,922$858.27$37,141$11,901.65$21.2KGBDC
5$18,102$1,065.02$66,205$26,463.38$48.1KGBDC
6$20,698$1,328.49$137,452$66,612.65$116.8KGBDC
7$23,813$1,666.62$342,372$195,298.53$318.6KGBDC
8$27,584$2,103.85$1,053,292$686,954.33$1.03MGBDC
9$32,189$2,673.86$4,111,439$2,984,416.95$4.08MGBDC
10$37,865$3,423.50$20,849,974$16,450,733.83$20.81MGBDC

MNAT vs GBDC: Complete Analysis 2026

MNATStock

Marquette National Corporation operates as the bank holding company of Marquette Bank that provides community banking services in Illinois. It offers financial solutions, including retail banking, real estate lending, trust, investments, wealth management and business banking to consumers and commercial customers. The company provides personal checking accounts; business checking accounts, including commercial checking accounts, now accounts, and small business checking; business savings and commercial money market accounts; vehicle, term, lines of credit, collateralized, and commercial loans, as well as fixed home equity loans and home equity line of credit; credit and debit cards; apartment lending; and business, personal, property and home, and vehicle insurance. It also offers treasury solutions, such as online banking for business, merchant payment processing, business remote deposit, lockbox processing, sweep accounts, and zero balance accounts; individual retirement accounts, and certificates of deposit; safe deposit boxes; and trust, investment, wire transfer, mobile banking, and bill payment services. It has 20 offices and two loan production offices with locations in Chicago, Bolingbrook, Bridgeview, Evergreen Park, Hickory Hills, Lemont, New Lenox, Oak Forest, Oak Lawn, Orland Park, Romeoville, and Summit, Illinois. The company was founded in 1945 and is based in Chicago, Illinois.

Full MNAT 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 →
📬

Get this MNAT vs GBDC comparison by email

Save your analysis + weekly dividend insights. Free forever.

More comparisons

MNAT vs SCHDMNAT vs JEPIMNAT vs OMNAT vs KOMNAT vs MAIN

⚠️ Educational purposes only. Not financial advice. Congressional trades sourced from SEC STOCK Act filings via FMP. Past performance does not guarantee future results.