Is NEAPF or GBDC a better dividend investment in 2026?

NEAPF currently yields 147.06% with a 5% 5-year dividend growth rate. GBDC yields 11.85% with 5% growth. The better choice depends on your goal: NEAPF offers higher current income.

What is the dividend yield difference between NEAPF and GBDC?

NEAPF has a forward dividend yield of 147.06% ($2.00/share annually). GBDC yields 11.85% ($1.50/share annually). The yield gap is 135.21 percentage points.

Home › Compare › NEAPF vs GBDC

NEAPF vs GBDC: Dividend Comparison 2026

NEAPF yields 147.06% · GBDC yields 11.85%● Live data

vsPost on X →

After 10 years · $10,000 invested · DRIP enabled

🏆 NEAPF wins by $1.82M in total portfolio value

INVESTMENT

TIME HORIZON10 years

NEAPF

● Live price

147.06%

Share price

$1.36

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$22.60M

Annual income

$9,667,205.19

Full NEAPF calculator →

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 — NEAPF vs GBDC

📍 NEAPF 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 Period	NEAPF	GBDC
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, NEAPF + GBDC cover 0 of 12 months — good coverage

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

NEAPF pays

GBDC pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

NEAPF

Annual income on $10K today (after 15% tax)

$12,500.00/yr

After 10yr DRIP, annual income (after tax)

$8,217,124.41/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, GBDC beats the other by $5,713,749.49/year in after-tax income after 10 years on $10,000

⚖️

Lazy Portfolio Split Optimizer

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

NEAPF: 50%GBDC: 50%

100% GBDC50/50100% NEAPF

Portfolio after 10yr

$21.69M

Annual income

$13,028,234.29/yr

Blended yield

60.07%

📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

NEAPF

No analyst data

GBDC

Analyst Ratings

Buy

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)

NEAPF buys

GBDC buys

No recent congressional trades found for NEAPF or GBDC in the last 90 days.

STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →

MetricNEAPFGBDC

Forward yield	147.06% ✓	11.85%
Annual dividend / share	$2.00 ✓	$1.50
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	51.1% ✓
Portfolio after 10y	$22.60M ✓	$20.78M
Annual income after 10y	$9,667,205.19	$16,389,263.41 ✓
Total dividends collected	$20.88M ✓	$20.36M
Payment frequency	quarterly	quarterly
Sector	Stock	BDC

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

Year	NEAPF Portfolio	NEAPF Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1← crossover	$25,406	$14,705.88	$12,490	$1,790.28	+$12.9K → NEAPF
2	$62,102	$34,917.38	$16,522	$3,157.73	+$45.6K → NEAPF
3	$146,216	$79,767.65	$23,578	$5,898.68	+$122.6K → NEAPF
4	$331,975	$175,523.78	$37,115	$11,886.75	+$294.9K → NEAPF
5	$727,658	$372,444.73	$66,136	$26,423.57	+$661.5K → NEAPF
6	$1,541,551	$762,956.42	$137,257	$66,491.44	+$1.40M → NEAPF
7	$3,160,048	$1,510,588.88	$341,734	$194,868.54	+$2.82M → NEAPF
8	$6,275,251	$2,893,998.93	$1,050,788	$685,133.02	+$5.22M → NEAPF
9	$12,085,478	$5,370,960.29	$4,099,314	$2,974,971.01	+$7.99M → NEAPF
10	$22,598,667	$9,667,205.19	$20,775,530	$16,389,263.41	+$1.82M → NEAPF

NEAPF vs GBDC: Complete Analysis 2026

NEAPF — Stock

Nearmap Ltd provides cloud-based geospatial information services in Australia, New Zealand, Canada, and North America. The company offers aerial imagery maps, such as vertical and oblique imagery, Nearmap 3D, Nearmap AI, and Nearmap on OpenSolar. Its solutions are used in architecture and engineering, construction, insurance and financial services, property and real estate, roofing, solar, telecommunication, transportation and logistics, and utilities, as well as government sector. The company was formerly known as ipernica ltd and changed its name to Nearmap Ltd in November 2012. Nearmap Ltd was incorporated in 1998 and is based in Sydney, Australia. As of December 6, 2022, Nearmap Ltd was taken private.

Full NEAPF Calculator →

GBDC — BDC

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.