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MUEL vs GBDC: Dividend Comparison 2026

MUEL yields 0.27% · GBDC yields 11.86%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $20.83M in total portfolio value
10 years
MUEL
MUEL
● Live price
0.27%
Share price
$442.11
Annual div
$1.20
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$20.1K
Annual income
$27.63
Full MUEL 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 — MUEL vs GBDC

📍 GBDC 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 PeriodMUELGBDC
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, MUEL + GBDC cover 0 of 12 monthsgood coverage

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

MUEL
Annual income on $10K today (after 15% tax)
$23.07/yr
After 10yr DRIP, annual income (after tax)
$23.49/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 $13,983,100.27/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 MUEL + GBDC for your $10,000?

MUEL: 50%GBDC: 50%
100% GBDC50/50100% MUEL
Portfolio after 10yr
$10.44M
Annual income
$8,225,380.73/yr
Blended yield
78.82%
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Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

MUEL
No analyst data
Altman Z
5.8
Piotroski
5/9
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)

MUEL buys
0
GBDC buys
0
No recent congressional trades found for MUEL or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricMUELGBDC
Forward yield0.27%11.86%
Annual dividend / share$1.20$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR0%51.1%
Portfolio after 10y$20.1K$20.85M
Annual income after 10y$27.63$16,450,733.83
Total dividends collected$274.00$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearMUEL PortfolioMUEL Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$10,727$27.14$12,492$1,791.70$1.8KGBDC
2$11,505$27.21$16,527$3,160.58$5.0KGBDC
3$12,338$27.28$23,588$5,904.90$11.3KGBDC
4$13,229$27.34$37,141$11,901.65$23.9KGBDC
5$14,182$27.39$66,205$26,463.38$52.0KGBDC
6$15,203$27.45$137,452$66,612.65$122.2KGBDC
7$16,294$27.50$342,372$195,298.53$326.1KGBDC
8$17,462$27.54$1,053,292$686,954.33$1.04MGBDC
9$18,712$27.59$4,111,439$2,984,416.95$4.09MGBDC
10$20,050$27.63$20,849,974$16,450,733.83$20.83MGBDC

MUEL vs GBDC: Complete Analysis 2026

MUELStock

Paul Mueller Company, together with its subsidiaries, provides manufactured equipment and components in North America, Asia, the Far East, the Netherlands, Europe, and internationally. The company operates through four segments: Dairy Farm Equipment, Industrial Equipment, Field Fabrication, and Transportation. The Dairy Farm Equipment segment offers milk cooling and storage equipment and accessories, refrigeration units, and heat recovery equipment for use on dairy farms to independent dealers for resale, and directly to farmers; and services for farmers, as well as milk coolers for rent to farmers. The Industrial Equipment segment provides biopharmaceutical and pure water equipment; heat transfer products; and stainless steel, alloy processing, and storage tanks, as well as food, beverage, chemical, and industrial processing equipment. The Field Fabrication segment offers field-erected tanks, vessels, equipment installation, process piping, retrofit and/or repair of process systems, and turnkey design and construction services for processing plants. Its products are used in sanitary and industrial process applications. The Transportation segment transports products to customers and field fabrication sites; backhauls materials; and provides contract carriage services for third parties. It serves its products in various industries, including animal health, beverage, brewing, chemical, dairy farm, dairy processing, food, heat transfer, HVAC, industrial construction, oil and gas, personal care, pharmaceutical, pure water, tank fabrication, and wine. The company was founded in 1940 and is headquartered in Springfield, Missouri.

Full MUEL 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.