Is RAYD or GBDC a better dividend investment in 2026?

RAYD currently yields 12.68% with a 5% 5-year dividend growth rate. GBDC yields 4.00% with 5% growth. The better choice depends on your goal: RAYD offers higher current income.

What is the dividend yield difference between RAYD and GBDC?

RAYD has a forward dividend yield of 12.68% ($4.88/share annually). GBDC yields 4.00% ($2.00/share annually). The yield gap is 8.68 percentage points.

Home › Compare › RAYD vs GBDC

RAYD vs GBDC: Dividend Comparison 2026

RAYD yields 12.68% · GBDC yields 4.00%● Live data

vsPost on X →

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

🏆 RAYD wins by $18.1K in total portfolio value

INVESTMENT

TIME HORIZON10 years

RAYD

● Live price

12.68%

Share price

$38.45

Annual div

$4.88

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$46.1K

Annual income

$2,792.61

Full RAYD calculator →

GBDC

● Live price

4.00%

Share price

$50.00

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$28.0K

Annual income

$899.19

Full GBDC calculator →

Portfolio growth — RAYD vs GBDC

📍 RAYD 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 Period	RAYD	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%.

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Dividend Calendar Overlap

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

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

RAYD 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.

RAYD

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

$1,077.87/yr

After 10yr DRIP, annual income (after tax)

$2,373.72/yr

GBDC

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

$340.00/yr

After 10yr DRIP, annual income (after tax)

$764.31/yr

At 15% tax rate, RAYD beats the other by $1,609.41/year in after-tax income after 10 years on $10,000

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Lazy Portfolio Split Optimizer

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

RAYD: 50%GBDC: 50%

100% GBDC50/50100% RAYD

Portfolio after 10yr

$37.1K

Annual income

$1,845.90/yr

Blended yield

4.98%

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Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

RAYD

No analyst data

GBDC

Analyst Ratings

Buy

Hold

Consensus: Buy

Price Target

$14.00

-72.0% 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.

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Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

RAYD buys

GBDC buys

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

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

MetricRAYDGBDC

Forward yield	12.68% ✓	4.00%
Annual dividend / share	$4.88 ✓	$2.00
Payout ratio	50%	50%
1-year div growth	0%	5% ✓
5-year div CAGR	0%	5% ✓
Portfolio after 10y	$46.1K ✓	$28.0K
Annual income after 10y	$2,792.61 ✓	$899.19
Total dividends collected	$20.1K ✓	$6.4K
Payment frequency	quarterly	quarterly
Sector	Stock	BDC

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

Year	RAYD Portfolio	RAYD Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1← crossover	$11,968	$1,268.08	$11,120	$420.00	+$848.00 → RAYD
2	$14,224	$1,418.36	$12,357	$458.31	+$1.9K → RAYD
3	$16,795	$1,575.46	$13,721	$499.76	+$3.1K → RAYD
4	$19,710	$1,738.54	$15,227	$544.58	+$4.5K → RAYD
5	$22,996	$1,906.73	$16,885	$593.02	+$6.1K → RAYD
6	$26,685	$2,079.12	$18,713	$645.34	+$8.0K → RAYD
7	$30,808	$2,254.80	$20,724	$701.81	+$10.1K → RAYD
8	$35,397	$2,432.86	$22,938	$762.73	+$12.5K → RAYD
9	$40,487	$2,612.42	$25,372	$828.41	+$15.1K → RAYD
10	$46,114	$2,792.61	$28,047	$899.19	+$18.1K → RAYD

RAYD vs GBDC: Complete Analysis 2026

RAYD — Stock

The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes in equity securities of developed market companies. The Adviser considers a company to be a developed market company if it is organized or maintains its principal place of business in a developed markets country. The equity securities in which it invests are primarily common stocks and depositary receipts, including unsponsored depositary receipts, but may also include preferred stocks, exchange-traded funds (“ETFs”), and securities of other investment companies.

Full RAYD Calculator →

GBDC — BDC

GBDC is a dividend-paying stock. Use this calculator to estimate your future dividend income, DRIP compounding returns, and passive income potential from investing in GBDC shares.

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.