HomeCompareMODVF vs GBDC

MODVF vs GBDC: Dividend Comparison 2026

MODVF yields 2.05% · GBDC yields 11.86%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 MODVF wins by $7.31M in total portfolio value· pulled ahead in Year 10
10 years
MODVF
MODVF
● Live price
2.05%
Share price
$13.17
Annual div
$0.27
5Y div CAGR
94.3%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$28.16M
Annual income
$25,026,643.73
Full MODVF 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 — MODVF vs GBDC

📍 MODVF pulled ahead of the other in Year 10

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 PeriodMODVFGBDC
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, MODVF + GBDC cover 0 of 12 monthsgood coverage

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

Tax Bracket Optimizer

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

MODVF
Annual income on $10K today (after 15% tax)
$174.05/yr
After 10yr DRIP, annual income (after tax)
$21,272,647.17/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, MODVF beats the other by $7,289,523.41/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

MODVF: 50%GBDC: 50%
100% GBDC50/50100% MODVF
Portfolio after 10yr
$24.51M
Annual income
$20,738,688.79/yr
Blended yield
84.63%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

MODVF
No analyst data
Price Target
$14.00
+6.3% upside vs current
Range: $14.00 — $14.00
Altman Z
1.8
Piotroski
7/9
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)

MODVF buys
0
GBDC buys
0
No recent congressional trades found for MODVF or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricMODVFGBDC
Forward yield2.05%11.86%
Annual dividend / share$0.27$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR94.3%51.1%
Portfolio after 10y$28.16M$20.85M
Annual income after 10y$25,026,643.73$16,450,733.83
Total dividends collected$27.89M$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC
Analyst price target$14.00$14.00

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

YearMODVF PortfolioMODVF Income/yrGBDC PortfolioGBDC Income/yrGap
1$11,098$397.85$12,492$1,791.70$1.4KGBDC
2$12,676$801.77$16,527$3,160.58$3.9KGBDC
3$15,227$1,663.01$23,588$5,904.90$8.4KGBDC
4$19,920$3,627.41$37,141$11,901.65$17.2KGBDC
5$29,932$8,617.23$66,205$26,463.38$36.3KGBDC
6$55,539$23,512.40$137,452$66,612.65$81.9KGBDC
7$138,651$79,223.64$342,372$195,298.53$203.7KGBDC
8$507,497$359,141.11$1,053,292$686,954.33$545.8KGBDC
9$2,930,095$2,387,073.02$4,111,439$2,984,416.95$1.18MGBDC
10← crossover$28,161,846$25,026,643.73$20,849,974$16,450,733.83+$7.31MMODVF

MODVF vs GBDC: Complete Analysis 2026

MODVFStock

Melcor Developments Ltd. operates as a real estate development company in the United States and Canada. The company operates through Community Development, Property Development, REIT, Investment Property, and Recreational Property segments. It develops, manages, and owns mixed-use residential communities, business and industrial parks, office buildings, retail centers, and golf courses. The company purchases and develops land to be sold as residential, industrial, and commercial lots; develops, constructs, and leases retail, office, and industrial properties; and owns and leases commercial, retail, and residential properties, as well as parking lots and land. It also owns and manages three 18-hole golf courses. Melcor Developments Ltd. was founded in 1923 and is headquartered in Edmonton, Canada.

Full MODVF 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 MODVF vs GBDC comparison by email

Save your analysis + weekly dividend insights. Free forever.

More comparisons

MODVF vs SCHDMODVF vs JEPIMODVF vs OMODVF vs KOMODVF 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.