HomeCompareSERNF vs GBDC

SERNF vs GBDC: Dividend Comparison 2026

SERNF yields 2.29% · GBDC yields 11.86%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $20.56M in total portfolio value
10 years
SERNF
SERNF
● Live price
2.29%
Share price
$19.50
Annual div
$0.45
5Y div CAGR
58.2%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$285.7K
Annual income
$152,265.46
Full SERNF 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 — SERNF 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 PeriodSERNFGBDC
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, SERNF + GBDC cover 0 of 12 monthsgood coverage

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

SERNF
Annual income on $10K today (after 15% tax)
$194.26/yr
After 10yr DRIP, annual income (after tax)
$129,425.64/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 $13,853,698.11/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 SERNF + GBDC for your $10,000?

SERNF: 50%GBDC: 50%
100% GBDC50/50100% SERNF
Portfolio after 10yr
$10.57M
Annual income
$8,301,499.65/yr
Blended yield
78.55%
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Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

SERNF
No analyst data
Altman Z
4.4
Piotroski
7/9
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)

SERNF buys
0
GBDC buys
0
No recent congressional trades found for SERNF or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricSERNFGBDC
Forward yield2.29%11.86%
Annual dividend / share$0.45$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR58.2%51.1%
Portfolio after 10y$285.7K$20.85M
Annual income after 10y$152,265.46$16,450,733.83
Total dividends collected$251.6K$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearSERNF PortfolioSERNF Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$11,062$361.56$12,492$1,791.70$1.4KGBDC
2$12,427$591.31$16,527$3,160.58$4.1KGBDC
3$14,279$982.19$23,588$5,904.90$9.3KGBDC
4$16,947$1,668.59$37,141$11,901.65$20.2KGBDC
5$21,062$2,927.99$66,205$26,463.38$45.1KGBDC
6$27,916$5,380.00$137,452$66,612.65$109.5KGBDC
7$40,413$10,543.03$342,372$195,298.53$302.0KGBDC
8$65,808$22,566.15$1,053,292$686,954.33$987.5KGBDC
9$124,745$54,329.72$4,111,439$2,984,416.95$3.99MGBDC
10$285,742$152,265.46$20,849,974$16,450,733.83$20.56MGBDC

SERNF vs GBDC: Complete Analysis 2026

SERNFStock

Seiren Co.,Ltd. plans, manufactures, and markets textile and chemical products, industrial machines, and electronic parts in Japan and internationally. The company operates through Automotive Upholstery Materials, Electronics Materials, High Fashion Materials, Environmental & Life Materials, and Medical Materials segments. The Automotive Upholstery Materials segment offers car seat cover, instrument panel (decorative), and airbag materials. The Electronics Materials segment provides electrically conductive and high-performance wiping cloth materials, high-strength yarns, and precision devices. The Environmental & Life Materials segment offers house exterior wall covering moisture-permeable waterproof sheet materials, office interior materials, civil engineering materials, and nursing care-related materials. The High Fashion Materials segment offers fashion clothing, sports outdoor clothing, and inner clothing materials. The Medical Materials segment provides cosmetics/pharmaceutical related, medical care, and nursing care materials. It also offers digital production systems; and civil engineering, construction, interior, and industrial materials The company was formerly known as Fukui Seiren Kako Co., Ltd. and changed its name to Seiren Co.,Ltd. in 1973. Seiren Co.,Ltd. was founded in 1889 and is headquartered in Tokyo, Japan.

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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.