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MRIN vs GBDC: Dividend Comparison 2026

MRIN yields 222.69% · GBDC yields 11.85%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 MRIN wins by $204.69M in total portfolio value
10 years
MRIN
MRIN
● Live price
222.69%
Share price
$0.90
Annual div
$2.00
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$225.46M
Annual income
$119,713,824.06
Full MRIN 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 — MRIN vs GBDC

📍 MRIN 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 PeriodMRINGBDC
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, MRIN + GBDC cover 0 of 12 monthsgood coverage

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

Tax Bracket Optimizer

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

MRIN
Annual income on $10K today (after 15% tax)
$18,928.85/yr
After 10yr DRIP, annual income (after tax)
$101,756,750.45/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, MRIN beats the other by $87,825,876.55/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 MRIN + GBDC for your $10,000?

MRIN: 50%GBDC: 50%
100% GBDC50/50100% MRIN
Portfolio after 10yr
$123.12M
Annual income
$68,051,543.73/yr
Blended yield
55.27%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

MRIN
Analyst Ratings
3
Buy
3
Hold
Consensus: Buy
Altman Z
-40.4
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)

MRIN buys
1
GBDC buys
0
PoliticianChamberTickerTypeAmountDate
Ed Case🏢 House$MRIN▲ Buy$1,001 - $15,0002021-07-02
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricMRINGBDC
Forward yield222.69%11.85%
Annual dividend / share$2.00$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR0%51.1%
Portfolio after 10y$225.46M$20.78M
Annual income after 10y$119,713,824.06$16,389,263.41
Total dividends collected$213.68M$20.36M
Payment frequencyquarterlyquarterly
SectorStockBDC
Analyst consensusBuyBuy

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

YearMRIN PortfolioMRIN Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$32,969$22,269.24$12,490$1,790.28+$20.5KMRIN
2$103,894$68,616.79$16,522$3,157.73+$87.4KMRIN
3$313,248$202,082.02$23,578$5,898.68+$289.7KMRIN
4$904,609$569,433.37$37,115$11,886.75+$867.5KMRIN
5$2,504,781$1,536,848.99$66,136$26,423.57+$2.44MMRIN
6$6,657,121$3,977,005.09$137,257$66,491.44+$6.52MMRIN
7$17,001,575$9,878,455.74$341,734$194,868.54+$16.66MMRIN
8$41,769,742$23,578,056.58$1,050,788$685,133.02+$40.72MMRIN
9$98,830,958$54,137,334.17$4,099,314$2,974,971.01+$94.73MMRIN
10$225,462,949$119,713,824.06$20,775,530$16,389,263.41+$204.69MMRIN

MRIN vs GBDC: Complete Analysis 2026

MRINStock

Marin Software Incorporated, together with its subsidiaries, provides enterprise marketing software for advertisers and agencies in the United States, the United Kingdom, and internationally. It offers MarinOne, a search, social, and eCommerce advertising platform; Marin Search to manage advertising campaigns for advertisers and agencies; and Marin Social that enables advertisers to manage their Facebook, Instagram, and Twitter advertising, as well as managed services. The company markets and sells its solutions to advertisers directly, and through advertising agencies that use its platform on behalf of their customers. Marin Software Incorporated was incorporated in 2006 and is headquartered in San Francisco, California.

Full MRIN 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.