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NDENF vs GBDC: Dividend Comparison 2026

NDENF yields 1250.00% · GBDC yields 11.85%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 NDENF wins by $135327056.81M in total portfolio value
10 years
NDENF
NDENF
● Live price
1250.00%
Share price
$0.16
Annual div
$2.00
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$135327077.59M
Annual income
$116,926,161,071,848.38
Full NDENF 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 — NDENF vs GBDC

📍 NDENF 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 PeriodNDENFGBDC
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, NDENF + GBDC cover 0 of 12 monthsgood coverage

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

NDENF
Annual income on $10K today (after 15% tax)
$106,250.00/yr
After 10yr DRIP, annual income (after tax)
$99,387,236,911,071.11/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, NDENF beats the other by $99,387,222,980,197.20/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

NDENF: 50%GBDC: 50%
100% GBDC50/50100% NDENF
Portfolio after 10yr
$67663549.18M
Annual income
$58,463,088,730,555.89/yr
Blended yield
86.40%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

NDENF
No analyst data
Altman Z
-417.6
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.
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Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

NDENF buys
0
GBDC buys
2
PoliticianChamberTickerTypeAmountDate
David P. Joyce🏢 House$GBDC▼ Sell$1,001 - $15,0002023-06-30
David P. Joyce🏢 House$GBDC▼ Sell$15,001 - $50,0002023-06-19
David P. Joyce🏢 House$GBDC▼ Sell$15,001 - $50,0002022-07-14
David P. Joyce🏢 House$GBDC▼ Sell$15,001 - $50,0002022-07-12
Teresa Leger Fernandez🏢 House$GBDC▼ Sell$15,001 - $50,0002021-01-20
David P. Joyce🏢 House$GBDC▲ Buy$1,001 - $15,0002020-02-25
David P. Joyce🏢 House$GBDC▲ Buy$15,001 - $50,0002019-05-30
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricNDENFGBDC
Forward yield1250.00%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$135327077.59M$20.78M
Annual income after 10y$116,926,161,071,848.38$16,389,263.41
Total dividends collected$133960810.96M$20.36M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearNDENF PortfolioNDENF Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$135,700$125,000.00$12,490$1,790.28+$123.2KNDENF
2$1,730,479$1,585,280.37$16,522$3,157.73+$1.71MNDENF
3$20,744,959$18,893,346.29$23,578$5,898.68+$20.72MNDENF
4$233,872,934$211,675,827.14$37,115$11,886.75+$233.84MNDENF
5$2,480,500,804$2,230,256,765.05$66,136$26,423.57+$2480.43MNDENF
6$24,761,170,753$22,107,034,892.35$137,257$66,491.44+$24761.03MNDENF
7$232,737,122,500$206,242,669,794.36$341,734$194,868.54+$232736.78MNDENF
8$2,060,741,008,119$1,811,712,287,044.72$1,050,788$685,133.02+$2060739.96MNDENF
9$17,197,118,239,637$14,992,125,360,949.39$4,099,314$2,974,971.01+$17197114.14MNDENF
10$135,327,077,588,260$116,926,161,071,848.38$20,775,530$16,389,263.41+$135327056.81MNDENF

NDENF vs GBDC: Complete Analysis 2026

NDENFStock

African Energy Metals Inc., a natural resource company, engages in the acquisition, development, and exploration of mineral properties in the Democratic Republic of Congo (DRC). It explores for copper, cobalt, and lithium energy metals. The company holds 100% interests in six concessions covering an area of 176 square kms located in the southern DRC. It also holds interest in the Manono tin, tantalum, lithium project located in Tanganyika province, Manono district, southeast of the DRC. The company was formerly known as Central African Gold Inc. and changed its name to African Energy Metals Inc. in February 2022. African Energy Metals Inc. is based in Vancouver, Canada.

Full NDENF 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.