HomeCompareNCMGF vs GBDC

NCMGF vs GBDC: Dividend Comparison 2026

NCMGF yields 2.30% · GBDC yields 11.86%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 NCMGF wins by $98.78M in total portfolio value· pulled ahead in Year 8
10 years
NCMGF
NCMGF
● Live price
2.30%
Share price
$15.20
Annual div
$0.35
5Y div CAGR
100%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$119.63M
Annual income
$110,420,176.57
Full NCMGF 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 — NCMGF vs GBDC

📍 NCMGF pulled ahead of the other in Year 8

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 PeriodNCMGFGBDC
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, NCMGF + GBDC cover 0 of 12 monthsgood coverage

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

Tax Bracket Optimizer

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

NCMGF
Annual income on $10K today (after 15% tax)
$195.79/yr
After 10yr DRIP, annual income (after tax)
$93,857,150.08/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, NCMGF beats the other by $79,874,026.33/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

NCMGF: 50%GBDC: 50%
100% GBDC50/50100% NCMGF
Portfolio after 10yr
$70.24M
Annual income
$63,435,455.20/yr
Blended yield
90.31%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

NCMGF
No analyst data
Altman Z
2.6
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)

NCMGF buys
0
GBDC buys
0
No recent congressional trades found for NCMGF or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricNCMGFGBDC
Forward yield2.30%11.86%
Annual dividend / share$0.35$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR100%51.1%
Portfolio after 10y$119.63M$20.85M
Annual income after 10y$110,420,176.57$16,450,733.83
Total dividends collected$118.91M$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearNCMGF PortfolioNCMGF Income/yrGBDC PortfolioGBDC Income/yrGap
1$11,161$460.68$12,492$1,791.70$1.3KGBDC
2$12,903$961.02$16,527$3,160.58$3.6KGBDC
3$15,883$2,076.72$23,588$5,904.90$7.7KGBDC
4$21,773$4,778.21$37,141$11,901.65$15.4KGBDC
5$35,540$12,243.29$66,205$26,463.38$30.7KGBDC
6$75,383$37,355.05$137,452$66,612.65$62.1KGBDC
7$228,758$148,097.93$342,372$195,298.53$113.6KGBDC
8← crossover$1,084,805$840,034.25$1,053,292$686,954.33+$31.5KNCMGF
9$8,606,670$7,445,928.19$4,111,439$2,984,416.95+$4.50MNCMGF
10$119,629,313$110,420,176.57$20,849,974$16,450,733.83+$98.78MNCMGF

NCMGF vs GBDC: Complete Analysis 2026

NCMGFStock

Newcrest Mining Limited, together with its subsidiaries, engages in the exploration, mine development, mine operation, and sale of gold and gold/copper concentrates. It is also involved in the exploration and production of silver deposits. The company primarily owns and operates mines and projects located in Cadia, Telfer, and Havieron, Australia; Lihir and Wafi-Golpu, Papua New Guinea; Red Chris in British Columbia, Canada; and Fruta Del Norte, Ecuador. Newcrest Mining Limited was founded in 1966 and is headquartered in Melbourne, Australia.

Full NCMGF 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 NCMGF vs GBDC comparison by email

Save your analysis + weekly dividend insights. Free forever.

More comparisons

NCMGF vs SCHDNCMGF vs JEPINCMGF vs ONCMGF vs KONCMGF 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.