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NEWA vs GBDC: Dividend Comparison 2026

NEWA yields 47.96% · GBDC yields 11.86%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $20.50M in total portfolio value· pulled ahead in Year 6
10 years
NEWA
NEWA
● Live price
47.96%
Share price
$4.17
Annual div
$2.00
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$354.5K
Annual income
$69,481.25
Full NEWA 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 — NEWA vs GBDC

📍 GBDC pulled ahead of the other in Year 6

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 PeriodNEWAGBDC
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, NEWA + GBDC cover 0 of 12 monthsgood coverage

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

Tax Bracket Optimizer

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

NEWA
Annual income on $10K today (after 15% tax)
$4,076.74/yr
After 10yr DRIP, annual income (after tax)
$59,059.06/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 $13,924,064.69/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

NEWA: 50%GBDC: 50%
100% GBDC50/50100% NEWA
Portfolio after 10yr
$10.60M
Annual income
$8,260,107.54/yr
Blended yield
77.91%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

NEWA
No analyst data
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)

NEWA buys
0
GBDC buys
0
No recent congressional trades found for NEWA or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricNEWAGBDC
Forward yield47.96%11.86%
Annual dividend / share$2.00$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR0%51.1%
Portfolio after 10y$354.5K$20.85M
Annual income after 10y$69,481.25$16,450,733.83
Total dividends collected$280.0K$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearNEWA PortfolioNEWA Income/yrGBDC PortfolioGBDC Income/yrGap
1$15,496$4,796.16$12,492$1,791.70+$3.0KNEWA
2$23,527$6,945.99$16,527$3,160.58+$7.0KNEWA
3$35,030$9,855.78$23,588$5,904.90+$11.4KNEWA
4$51,196$13,714.41$37,141$11,901.65+$14.1KNEWA
5$73,512$18,732.47$66,205$26,463.38+$7.3KNEWA
6← crossover$103,796$25,138.22$137,452$66,612.65$33.7KGBDC
7$144,234$33,172.11$342,372$195,298.53$198.1KGBDC
8$197,411$43,079.99$1,053,292$686,954.33$855.9KGBDC
9$266,335$55,105.38$4,111,439$2,984,416.95$3.85MGBDC
10$354,459$69,481.25$20,849,974$16,450,733.83$20.50MGBDC

NEWA vs GBDC: Complete Analysis 2026

NEWAStock

Newater Technology, Inc. engages in the wastewater purification treatment solutions. The company is headquartered in Yantai, Shandong and currently employs 203 full-time employees. The firm is focused on the development, manufacture and sale of disk tube reverse osmosis (DTRO) and disk tube nanofiltration (DTNF) membrane filtration products that are used in the treatment, recycling and discharge of wastewater. The DTRO membrane and DTNF membrane is used to treat and recycle wastewater. The firm also supplies hardware and engineered systems necessary to implement integrated solutions with DTRO and DTNF products. The firm provides engineering support and installation, technical advice and service, and other project-related solutions to filter wastewater into clean water. The firm provides services to chemical and energy industries. The firm also offers traditional wastewater treatment solutions, such as activated carbon and resins.

Full NEWA 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.