Is NLRCF or GBDC a better dividend investment in 2026?

NLRCF currently yields 3280.84% with a 5% 5-year dividend growth rate. GBDC yields 11.86% with 5% growth. The better choice depends on your goal: NLRCF offers higher current income.

What is the dividend yield difference between NLRCF and GBDC?

NLRCF has a forward dividend yield of 3280.84% ($2.00/share annually). GBDC yields 11.86% ($1.50/share annually). The yield gap is 3268.98 percentage points.

Home › Compare › NLRCF vs GBDC

NLRCF vs GBDC: Dividend Comparison 2026

NLRCF yields 3280.84% · GBDC yields 11.86%● Live data

vsPost on X →

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

🏆 NLRCF wins by $1068669155821.28M in total portfolio value

INVESTMENT

TIME HORIZON10 years

NLRCF

● Live price

3280.84%

Share price

$0.06

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$1068669155842.13M

Annual income

$1,008,217,661,564,564,500.00

Full NLRCF calculator →

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 — NLRCF vs GBDC

📍 NLRCF pulled ahead of the other in Year 1

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 Period	NLRCF	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%.

📅

Dividend Calendar Overlap

Combined, NLRCF + GBDC cover 0 of 12 months — good coverage

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

NLRCF pays

GBDC pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

NLRCF

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

$278,871.39/yr

After 10yr DRIP, annual income (after tax)

$856,985,012,329,879,800.00/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, NLRCF beats the other by $856,985,012,315,896,700.00/year in after-tax income after 10 years on $10,000

⚖️

Lazy Portfolio Split Optimizer

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

NLRCF: 50%GBDC: 50%

100% GBDC50/50100% NLRCF

Portfolio after 10yr

$534334577931.49M

Annual income

$504,108,830,790,507,600.00/yr

Blended yield

94.34%

📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

NLRCF

No analyst data

Altman Z

-15.1

Piotroski

3/9

GBDC

Analyst Ratings

Buy

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)

NLRCF buys

GBDC buys

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

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

MetricNLRCFGBDC

Forward yield	3280.84% ✓	11.86%
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	$1068669155842.13M ✓	$20.85M
Annual income after 10y	$1,008,217,661,564,564,500.00 ✓	$16,450,733.83
Total dividends collected	$1064508726528.01M ✓	$20.43M
Payment frequency	quarterly	quarterly
Sector	Stock	BDC

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

Year	NLRCF Portfolio	NLRCF Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1← crossover	$338,784	$328,083.99	$12,492	$1,791.70	+$326.3K → NLRCF
2	$10,750,312	$10,387,813.35	$16,527	$3,160.58	+$10.73M → NLRCF
3	$319,565,138	$308,062,304.26	$23,588	$5,904.90	+$319.54M → NLRCF
4	$8,900,344,933	$8,558,410,234.49	$37,141	$11,901.65	+$8900.31M → NLRCF
5	$232,293,399,740	$222,770,030,662.02	$66,205	$26,463.38	+$232293.33M → NLRCF
6	$5,682,346,050,574	$5,433,792,112,852.62	$137,452	$66,612.65	+$5682345.91M → NLRCF
7	$130,305,408,956,352	$124,225,298,682,237.23	$342,372	$195,298.53	+$130305408.61M → NLRCF
8	$2,801,751,583,965,647	$2,662,324,796,382,350.50	$1,053,292	$686,954.33	+$2801751582.91M → NLRCF
9	$56,496,723,623,895,864	$53,498,849,429,052,620.00	$4,111,439	$2,984,416.95	+$56496723619.78M → NLRCF
10	$1,068,669,155,842,133,100	$1,008,217,661,564,564,500.00	$20,849,974	$16,450,733.83	+$1068669155821.28M → NLRCF

NLRCF vs GBDC: Complete Analysis 2026

NLRCF — Stock

Northern Lights Resources Corp. engages in the acquisition, evaluation, and exploration of mineral resource properties in the United States. The company explores for gold, silver, zinc, and lead deposits. It holds a 100% interest in the Medicine Springs project consists of 149 unpatented federal mineral claims covering an area of approximately 1,189 hectares located in southeastern Elko County, Nevada; and the Secret Pass Gold project, which includes 84 unpatented lode mining claims covering an area of approximately 868 hectares located in northwestern Arizona. The company was formerly known as Northern Lights Uranium Corp. and changed its name to Northern Lights Resources Corp. in April 2008. Northern Lights Resources Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.

Full NLRCF 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 →

📬

Get this NLRCF vs GBDC comparison by email

Save your analysis + weekly dividend insights. Free forever.

More comparisons

NLRCF vs SCHD NLRCF vs JEPI NLRCF vs O NLRCF vs KO NLRCF 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.