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PSCIX vs GBDC: Dividend Comparison 2026

PSCIX yields 6.47% · GBDC yields 11.86%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 PSCIX wins by $89.77M in total portfolio value· pulled ahead in Year 7
10 years
PSCIX
PSCIX
● Live price
6.47%
Share price
$10.02
Annual div
$0.65
5Y div CAGR
73.3%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$110.62M
Annual income
$98,380,167.26
Full PSCIX 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 — PSCIX vs GBDC

📍 PSCIX pulled ahead of the other in Year 7

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 PeriodPSCIXGBDC
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, PSCIX + GBDC cover 0 of 12 monthsgood coverage

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

PSCIX
Annual income on $10K today (after 15% tax)
$549.96/yr
After 10yr DRIP, annual income (after tax)
$83,623,142.17/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, PSCIX beats the other by $69,640,018.42/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

PSCIX: 50%GBDC: 50%
100% GBDC50/50100% PSCIX
Portfolio after 10yr
$65.74M
Annual income
$57,415,450.55/yr
Blended yield
87.34%
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Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

PSCIX
No analyst data
Altman Z
4.8
Piotroski
5/9
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)

PSCIX buys
0
GBDC buys
0
No recent congressional trades found for PSCIX or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricPSCIXGBDC
Forward yield6.47%11.86%
Annual dividend / share$0.65$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR73.3%51.1%
Portfolio after 10y$110.62M$20.85M
Annual income after 10y$98,380,167.26$16,450,733.83
Total dividends collected$109.64M$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearPSCIX PortfolioPSCIX Income/yrGBDC PortfolioGBDC Income/yrGap
1$11,821$1,121.26$12,492$1,791.70$671.00GBDC
2$14,796$2,146.77$16,527$3,160.58$1.7KGBDC
3$20,183$4,351.78$23,588$5,904.90$3.4KGBDC
4$31,211$9,614.72$37,141$11,901.65$5.9KGBDC
5$57,476$24,080.58$66,205$26,463.38$8.7KGBDC
6$133,323$71,823.40$137,452$66,612.65$4.1KGBDC
7← crossover$412,491$269,835.53$342,372$195,298.53+$70.1KPSCIX
8$1,793,514$1,352,148.69$1,053,292$686,954.33+$740.2KPSCIX
9$11,441,096$9,522,036.34$4,111,439$2,984,416.95+$7.33MPSCIX
10$110,622,140$98,380,167.26$20,849,974$16,450,733.83+$89.77MPSCIX

PSCIX vs GBDC: Complete Analysis 2026

PSCIXStock

The investment seeks income and, secondarily, absolute returns. The fund seeks primarily to implement a convertible arbitrage strategy by investing in convertible securities, including convertible preferred securities, and establishing short positions, or hedges, in the common stock of the issuers of the convertible securities. It may also use other instruments to establish hedges, including exchange-traded funds ("ETFs"), options and currency forwards, as appropriate, to reduce unwanted exposures. The fund may have significant exposure to the Financial sector.

Full PSCIX 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.