HomeCompareNEOJF vs GBDC

NEOJF vs GBDC: Dividend Comparison 2026

NEOJF yields 2.73% · GBDC yields 11.85%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 NEOJF wins by $244.15M in total portfolio value· pulled ahead in Year 8
10 years
NEOJF
NEOJF
● Live price
2.73%
Share price
$11.10
Annual div
$0.30
5Y div CAGR
100%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$264.92M
Annual income
$247,530,801.93
Full NEOJF 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 — NEOJF vs GBDC

📍 NEOJF pulled ahead of the other in Year 8

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 PeriodNEOJFGBDC
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, NEOJF + GBDC cover 0 of 12 monthsgood coverage

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

Tax Bracket Optimizer

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

NEOJF
Annual income on $10K today (after 15% tax)
$232.37/yr
After 10yr DRIP, annual income (after tax)
$210,401,181.64/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, NEOJF beats the other by $196,470,307.74/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

NEOJF: 50%GBDC: 50%
100% GBDC50/50100% NEOJF
Portfolio after 10yr
$142.85M
Annual income
$131,960,032.66/yr
Blended yield
92.38%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

NEOJF
No analyst data
Altman Z
7.6
Piotroski
4/9
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)

NEOJF buys
0
GBDC buys
0
No recent congressional trades found for NEOJF or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricNEOJFGBDC
Forward yield2.73%11.85%
Annual dividend / share$0.30$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR100%51.1%
Portfolio after 10y$264.92M$20.78M
Annual income after 10y$247,530,801.93$16,389,263.41
Total dividends collected$263.62M$20.36M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearNEOJF PortfolioNEOJF Income/yrGBDC PortfolioGBDC Income/yrGap
1$11,247$546.76$12,490$1,790.28$1.2KGBDC
2$13,183$1,149.39$16,522$3,157.73$3.3KGBDC
3$16,625$2,518.34$23,578$5,898.68$7.0KGBDC
4$23,724$5,935.87$37,115$11,886.75$13.4KGBDC
5$41,218$15,833.26$66,136$26,423.57$24.9KGBDC
6$95,521$51,417.82$137,257$66,491.44$41.7KGBDC
7$324,934$222,726.26$341,734$194,868.54$16.8KGBDC
8← crossover$1,763,841$1,416,161.62$1,050,788$685,133.02+$713.1KNEOJF
9$16,256,204$14,368,893.69$4,099,314$2,974,971.01+$12.16MNEOJF
10$264,924,940$247,530,801.93$20,775,530$16,389,263.41+$244.15MNEOJF

NEOJF vs GBDC: Complete Analysis 2026

NEOJFStock

NEOJAPAN Inc. engages in development and sale of packaged software to small and medium-sized enterprises, large companies, schools, hospitals, local governments, and public agencies in Japan and internationally. The company offers desknet's NEO, a groupware software; AppSuite, a tool to create custom business applications; and ChatLuck, a chat-based business communication tool. It also provides Denbun, a web-based email system for corporate clients that manages, sends, and receives emails through a web browser; desknet's DAX, a file transfer system; desknet's SSS, a web-based sales management system, which enables to monitor progress in business negotiations, client info, and sales; and desknet's CAMS, a web-based customer relationship management system. In addition, it provides multi-application integration and hosting services; and system integration services, such as e-business system, e-commerce website, infrastructure and middleware, application service provider website construction, and online information distribution services. The company was incorporated in 1992 and is headquartered in Yokohama, Japan.

Full NEOJF 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.