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PQG vs GBDC: Dividend Comparison 2026

PQG yields 11.50% · GBDC yields 11.85%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $20.75M in total portfolio value
10 years
PQG
PQG
● Live price
11.50%
Share price
$15.65
Annual div
$1.80
5Y div CAGR
-50%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$21.7K
Annual income
$1.24
Full PQG 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 — PQG 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 PeriodPQGGBDC
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, PQG + GBDC cover 0 of 12 monthsgood coverage

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

Tax Bracket Optimizer

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

PQG
Annual income on $10K today (after 15% tax)
$977.64/yr
After 10yr DRIP, annual income (after tax)
$1.05/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, GBDC beats the other by $13,930,872.84/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

PQG: 50%GBDC: 50%
100% GBDC50/50100% PQG
Portfolio after 10yr
$10.40M
Annual income
$8,194,632.32/yr
Blended yield
78.80%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

PQG
Analyst Ratings
6
Buy
3
Hold
1
Sell
Consensus: Buy
Altman Z
333.7
Piotroski
6/9
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)

PQG buys
0
GBDC buys
0
No recent congressional trades found for PQG or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricPQGGBDC
Forward yield11.50%11.85%
Annual dividend / share$1.80$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR-50%51.1%
Portfolio after 10y$21.7K$20.78M
Annual income after 10y$1.24$16,389,263.41
Total dividends collected$1.2K$20.36M
Payment frequencyquarterlyquarterly
SectorStockBDC
Analyst consensusBuyBuy

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

YearPQG PortfolioPQG Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$11,275$575.08$12,490$1,790.28$1.2KGBDC
2$12,367$302.99$16,522$3,157.73$4.2KGBDC
3$13,388$155.30$23,578$5,898.68$10.2KGBDC
4$14,404$78.56$37,115$11,886.75$22.7KGBDC
5$15,452$39.50$66,136$26,423.57$50.7KGBDC
6$16,553$19.80$137,257$66,491.44$120.7KGBDC
7$17,722$9.91$341,734$194,868.54$324.0KGBDC
8$18,967$4.96$1,050,788$685,133.02$1.03MGBDC
9$20,298$2.48$4,099,314$2,974,971.01$4.08MGBDC
10$21,720$1.24$20,775,530$16,389,263.41$20.75MGBDC

PQG vs GBDC: Complete Analysis 2026

PQGStock

PQ Group Holdings Inc. provides specialty catalysts, materials, chemicals, and services in the United States, the Netherlands, the United Kingdom, and internationally. The company operates through four segments: Refining Services, Catalysts, Performance Materials, and Performance Chemicals. The Refining Services segment offers sulfuric acid recycling and end-to-end logistics services to produce alkylate; and virgin sulfuric acid for water treatment, mining, and industrial applications. The Catalysts segment provides silica catalysts and zeolite catalysts for producers and licensors of polyethylene and methyl methacrylate. The Performance Materials segment offers transportation safety microspheres for various binders, such as paint and epoxy coatings; and engineered glass materials, including solid and hollow microspheres and particles for uses, such as strengthening and light-weighting in plastics and polymer additives, cleaning and peening of metal surfaces, and conductivity or shielding in electronic applications. The Performance Chemicals segment offers sodium silicates for construction, cleaning, water treatment, pulp and paper, foundry and refractory, green tires, electronics, and refining catalysts; and specialty silicas for use as ingredients in personal care products, foods, edible oils, and beers, as well as industrial uses consisting of gloss control in coil, wood, general industrial leather, and other surface coating applications. This segment also provides other silicate derivatives, including metasilicates, spray dried silicates, and magnesium and potassium silicates for use in cleaning, specialty fertilizer, oil and gas, mining, paint, food, and cosmetic applications, as well as zeolites for use as builders for detergents and other applications, such as stabilizers for the production of polyvinylchloride applications. PQ Group Holdings Inc. was founded in 1831 and is headquartered in Malvern, Pennsylvania.

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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.