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PDCO vs GBDC: Dividend Comparison 2026

PDCO yields 1.66% · GBDC yields 11.86%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $20.83M in total portfolio value
10 years
PDCO
PDCO
● Live price
1.66%
Share price
$31.33
Annual div
$0.52
5Y div CAGR
-1.4%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$21.9K
Annual income
$159.45
Full PDCO 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 — PDCO vs GBDC

📍 GBDC 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 PeriodPDCOGBDC
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, PDCO + GBDC cover 0 of 12 monthsgood coverage

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

PDCO
Annual income on $10K today (after 15% tax)
$141.08/yr
After 10yr DRIP, annual income (after tax)
$135.53/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 $13,982,988.22/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

PDCO: 50%GBDC: 50%
100% GBDC50/50100% PDCO
Portfolio after 10yr
$10.44M
Annual income
$8,225,446.65/yr
Blended yield
78.82%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

PDCO
Analyst Ratings
5
Buy
18
Hold
2
Sell
Consensus: Hold
Price Target
$28.17
-10.1% upside vs current
Range: $22.00 — $37.00
Altman Z
4.1
Piotroski
4/9
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)

PDCO buys
0
GBDC buys
0
No recent congressional trades found for PDCO or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricPDCOGBDC
Forward yield1.66%11.86%
Annual dividend / share$0.52$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR-1.4%51.1%
Portfolio after 10y$21.9K$20.85M
Annual income after 10y$159.45$16,450,733.83
Total dividends collected$1.6K$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC
Analyst consensusHoldBuy
Analyst price target$28.17$14.00

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

YearPDCO PortfolioPDCO Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$10,864$163.65$12,492$1,791.70$1.6KGBDC
2$11,788$163.83$16,527$3,160.58$4.7KGBDC
3$12,777$163.81$23,588$5,904.90$10.8KGBDC
4$13,835$163.62$37,141$11,901.65$23.3KGBDC
5$14,967$163.26$66,205$26,463.38$51.2KGBDC
6$16,177$162.75$137,452$66,612.65$121.3KGBDC
7$17,471$162.10$342,372$195,298.53$324.9KGBDC
8$18,856$161.33$1,053,292$686,954.33$1.03MGBDC
9$20,336$160.44$4,111,439$2,984,416.95$4.09MGBDC
10$21,919$159.45$20,849,974$16,450,733.83$20.83MGBDC

PDCO vs GBDC: Complete Analysis 2026

PDCOStock

Patterson Companies, Inc. engages in distribution of dental and animal health products in the United States, the United Kingdom, and Canada. The company operates through three segments: Dental, Animal Health, and Corporate segments. The Dental segment offers consumable products, including infection control, restorative materials, and instruments; basic and advanced technology and dental equipment; practice optimization solutions, such as practice management software, e-commerce, revenue cycle management, patient engagement solutions, and clinical and patient education systems. It also provides a range of related services comprising software and design services, maintenance and repair, and equipment financing. The Animal Health segment distributes biologicals, pharmaceuticals, vaccines, parasiticides, diagnostics, prescription and non-prescription diets, nutritional's, consumable supplies, equipment, and software, as well as value-added services. This segment also provides private label portfolio of products to veterinarians, producers, and retailers under the Aspen, First Companion, and Patterson Veterinary brands. The Corporate segment offers customer financing services; and sells other miscellaneous products. It serves dentists, laboratories, institutions, other healthcare professionals, veterinarians, other animal health professionals, production animal operators, and animal health product retailers. The company was formerly known as Patterson Dental Company and changed its name to Patterson Companies, Inc. in June 2004. Patterson Companies, Inc. was founded in 1877 and is headquartered in Saint Paul, Minnesota.

Full PDCO 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.

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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.