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PAE vs GBDC: Dividend Comparison 2026

PAE yields 19.90% · GBDC yields 11.86%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $20.78M in total portfolio value· pulled ahead in Year 2
10 years
PAE
PAE
● Live price
19.90%
Share price
$10.05
Annual div
$2.00
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$72.6K
Annual income
$6,667.68
Full PAE 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 — PAE vs GBDC

📍 GBDC pulled ahead of the other in Year 2

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 PeriodPAEGBDC
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, PAE + GBDC cover 0 of 12 monthsgood coverage

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

PAE
Annual income on $10K today (after 15% tax)
$1,691.54/yr
After 10yr DRIP, annual income (after tax)
$5,667.53/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 $13,977,456.23/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

PAE: 50%GBDC: 50%
100% GBDC50/50100% PAE
Portfolio after 10yr
$10.46M
Annual income
$8,228,700.76/yr
Blended yield
78.66%
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Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

PAE
Analyst Ratings
3
Buy
2
Hold
Consensus: Buy
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)

PAE buys
0
GBDC buys
0
No recent congressional trades found for PAE or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricPAEGBDC
Forward yield19.90%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$72.6K$20.85M
Annual income after 10y$6,667.68$16,450,733.83
Total dividends collected$41.2K$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC
Analyst consensusBuyBuy

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

YearPAE PortfolioPAE Income/yrGBDC PortfolioGBDC Income/yrGap
1$12,690$1,990.05$12,492$1,791.70+$198.00PAE
2← crossover$15,939$2,360.17$16,527$3,160.58$588.00GBDC
3$19,825$2,770.41$23,588$5,904.90$3.8KGBDC
4$24,433$3,220.46$37,141$11,901.65$12.7KGBDC
5$29,853$3,709.39$66,205$26,463.38$36.4KGBDC
6$36,178$4,235.71$137,452$66,612.65$101.3KGBDC
7$43,508$4,797.38$342,372$195,298.53$298.9KGBDC
8$51,945$5,391.92$1,053,292$686,954.33$1.00MGBDC
9$61,598$6,016.43$4,111,439$2,984,416.95$4.05MGBDC
10$72,577$6,667.68$20,849,974$16,450,733.83$20.78MGBDC

PAE vs GBDC: Complete Analysis 2026

PAEStock

PAE Incorporated provides operational solutions and outsourced services for the United States government, other allied governments, international organizations, and companies. The company operates through two segments, Global Mission Services and National Security Solutions. The Global Mission Services segment engages in logistics and stability operations, including lifecycle logistics operations, humanitarian, and stability operations; infrastructure management, such as mission operations support, space development and operations, and test and training ranges; and force readiness comprising the maintenance and repair of military and civilian vehicle fleets and aircraft. The National Security Solutions segment offers counter-threat solutions, such as training support and counter-terrorism solutions; information optimization services, including business process outsourcing services to government agencies, such as citizenship processing and litigation services, and systems support; and intelligence solutions comprising intelligence analysis, mission support, program management, engineering, and training solutions. PAE Incorporated was founded in 1955 and is headquartered in Falls Church, Virginia. As of February 15, 2022, PAE Incorporated operates as a subsidiary of Amentum Government Services Holdings LLC.

Full PAE 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.