Is SCPH or GBDC a better dividend investment in 2026?

SCPH currently yields 35.27% with a 5% 5-year dividend growth rate. GBDC yields 11.86% with 5% growth. The better choice depends on your goal: SCPH offers higher current income.

What is the dividend yield difference between SCPH and GBDC?

SCPH has a forward dividend yield of 35.27% ($2.00/share annually). GBDC yields 11.86% ($1.50/share annually). The yield gap is 23.41 percentage points.

Home › Compare › SCPH vs GBDC

SCPH vs GBDC: Dividend Comparison 2026

SCPH yields 35.27% · GBDC yields 11.86%● Live data

vsPost on X →

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

🏆 GBDC wins by $20.67M in total portfolio value· pulled ahead in Year 5

INVESTMENT

TIME HORIZON10 years

SCPH

● Live price

35.27%

Share price

$5.67

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$178.6K

Annual income

$27,157.20

Full SCPH calculator →

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 — SCPH vs GBDC

📍 GBDC pulled ahead of the other in Year 5

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	SCPH	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, SCPH + GBDC cover 0 of 12 months — good coverage

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

SCPH pays

GBDC pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

SCPH

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

$2,998.24/yr

After 10yr DRIP, annual income (after tax)

$23,083.62/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 $13,960,040.14/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 SCPH + GBDC for your $10,000?

SCPH: 50%GBDC: 50%

100% GBDC50/50100% SCPH

Portfolio after 10yr

$10.51M

Annual income

$8,238,945.52/yr

Blended yield

78.36%

📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

SCPH

Analyst Ratings

Buy

Hold

Consensus: Buy

Price Target

$8.12

+43.2% upside vs current

Range: $5.35 — $13.00

Altman Z

-7.3

Piotroski

2/9

GBDC

Analyst Ratings

Buy

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.

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Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

SCPH buys

GBDC buys

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

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

MetricSCPHGBDC

Forward yield	35.27% ✓	11.86%
Annual dividend / share	$2.00 ✓	$1.50
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	51.1% ✓
Portfolio after 10y	$178.6K ✓	$20.85M
Annual income after 10y	$27,157.20	$16,450,733.83 ✓
Total dividends collected	$129.2K ✓	$20.43M
Payment frequency	quarterly	quarterly
Sector	Stock	BDC
Analyst consensus	Buy	Buy
Analyst price target	$8.12	$14.00 ✓

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

Year	SCPH Portfolio	SCPH Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1	$14,227	$3,527.34	$12,492	$1,791.70	+$1.7K → SCPH
2	$19,913	$4,690.15	$16,527	$3,160.58	+$3.4K → SCPH
3	$27,442	$6,135.14	$23,588	$5,904.90	+$3.9K → SCPH
4	$37,265	$7,901.67	$37,141	$11,901.65	+$124.00 → SCPH
5← crossover	$49,902	$10,028.00	$66,205	$26,463.38	$16.3K → GBDC
6	$65,945	$12,549.99	$137,452	$66,612.65	$71.5K → GBDC
7	$86,061	$15,499.75	$342,372	$195,298.53	$256.3K → GBDC
8	$110,989	$18,904.51	$1,053,292	$686,954.33	$942.3K → GBDC
9	$141,544	$22,785.49	$4,111,439	$2,984,416.95	$3.97M → GBDC
10	$178,609	$27,157.20	$20,849,974	$16,450,733.83	$20.67M → GBDC

SCPH vs GBDC: Complete Analysis 2026

SCPH — Stock

scPharmaceuticals Inc., a pharmaceutical company, engages in the development and commercialization of various pharmaceutical products. The company's lead product candidate is FUROSCIX that consists of formulation of furosemide, which is delivered through an on-body infusor for treatment of congestion in patients with heart failure. Its product pipeline also includes scCeftriaxone, an antibiotic to treat infections caused by gram-positive and gram-negative organisms; and scCarbapenem program, an antibiotic for treating infections caused by gram-negative organisms. The company has a development agreement with West Pharmaceutical Services, Inc. for development of single use SmartDose device. scPharmaceuticals Inc. was incorporated in 2013 and is headquartered in Burlington, Massachusetts.

Full SCPH Calculator →

GBDC — BDC

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.