Is SGLRF or GBDC a better dividend investment in 2026?

SGLRF currently yields 20000000.00% with a 5% 5-year dividend growth rate. GBDC yields 11.86% with 5% growth. The better choice depends on your goal: SGLRF offers higher current income.

What is the dividend yield difference between SGLRF and GBDC?

SGLRF has a forward dividend yield of 20000000.00% ($2.00/share annually). GBDC yields 11.86% ($1.50/share annually). The yield gap is 19999988.14 percentage points.

Home › Compare › SGLRF vs GBDC

SGLRF vs GBDC: Dividend Comparison 2026

SGLRF yields 20000000.00% · GBDC yields 11.86%● Live data

vsPost on X →

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

🏆 SGLRF wins by $1.6749413722022386e+46M in total portfolio value

INVESTMENT

TIME HORIZON10 years

SGLRF

● Live price

20000000.00%

Share price

$0.00

Annual div

$2.00

5Y div CAGR

-13.5%

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$1.6749413722022386e+46M

Annual income

$16,748,711,251,504,588,000,000,000,000,000,000,000,000,000,000,000,000.00

Full SGLRF 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 — SGLRF vs GBDC

📍 SGLRF 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	SGLRF	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, SGLRF + GBDC cover 0 of 12 months — good coverage

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

SGLRF pays

GBDC pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

SGLRF

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

$1,700,000,000.00/yr

After 10yr DRIP, annual income (after tax)

$14,236,404,563,778,900,000,000,000,000,000,000,000,000,000,000,000,000.00/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, SGLRF beats the other by $14,236,404,563,778,900,000,000,000,000,000,000,000,000,000,000,000,000.00/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 SGLRF + GBDC for your $10,000?

SGLRF: 50%GBDC: 50%

100% GBDC50/50100% SGLRF

Portfolio after 10yr

$8.374706861011193e+45M

Annual income

$8,374,355,625,752,294,000,000,000,000,000,000,000,000,000,000,000,000.00/yr

Blended yield

100.00%

📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

SGLRF

No analyst data

Altman Z

545.2

Piotroski

5/9

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.

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

SGLRF buys

GBDC buys

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

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

MetricSGLRFGBDC

Forward yield	20000000.00% ✓	11.86%
Annual dividend / share	$2.00 ✓	$1.50
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	-13.5%	51.1% ✓
Portfolio after 10y	$1.6749413722022386e+46M	$20.85M ✓
Annual income after 10y	$16,748,711,251,504,588,000,000,000,000,000,000,000,000,000,000,000,000.00 ✓	$16,450,733.83
Total dividends collected	$1.6749367764550958e+46M	$20.43M ✓
Payment frequency	quarterly	quarterly
Sector	Stock	BDC

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

Year	SGLRF Portfolio	SGLRF Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1← crossover	$1,730,010,700	$1,730,000,000.00	$12,492	$1,791.70	+$1730.00M → SGLRF
2	$241,952,740,084,813	$241,950,888,973,364.40	$16,527	$3,160.58	+$241952740.07M → SGLRF
3	$27,355,547,900,125,400,000	$27,355,289,010,693,510,000.00	$23,588	$5,904.90	+$27355547900125.38M → SGLRF
4	$2,500,308,482,612,406,000,000,000	$2,500,279,212,176,153,000,000,000.00	$37,141	$11,901.65	+$2500308482612406272.00M → SGLRF
5	$184,746,111,257,018,130,000,000,000,000	$184,743,435,926,941,720,000,000,000,000.00	$66,205	$26,463.38	+$1.847461112570181e+23M → SGLRF
6	$11,035,470,070,930,600,000,000,000,000,000,000	$11,035,272,392,591,556,000,000,000,000,000,000.00	$137,452	$66,612.65	+$1.10354700709306e+28M → SGLRF
7	$532,893,646,515,316,500,000,000,000,000,000,000,000	$532,881,838,562,340,700,000,000,000,000,000,000,000.00	$342,372	$195,298.53	+$5.3289364651531656e+32M → SGLRF
8	$20,802,946,771,498,614,000,000,000,000,000,000,000,000,000	$20,802,376,575,296,843,000,000,000,000,000,000,000,000,000.00	$1,053,292	$686,954.33	+$2.0802946771498615e+37M → SGLRF
9	$656,514,502,613,156,300,000,000,000,000,000,000,000,000,000,000	$656,492,243,460,110,760,000,000,000,000,000,000,000,000,000,000.00	$4,111,439	$2,984,416.95	+$6.565145026131563e+41M → SGLRF
10	$16,749,413,722,022,386,000,000,000,000,000,000,000,000,000,000,000,000	$16,748,711,251,504,588,000,000,000,000,000,000,000,000,000,000,000,000.00	$20,849,974	$16,450,733.83	+$1.6749413722022386e+46M → SGLRF

SGLRF vs GBDC: Complete Analysis 2026

SGLRF — Stock

Spyglass Resources Corp., an intermediate oil and gas company, operates oil and natural gas properties in the Western Canadian Sedimentary Basin. The company's principal properties are located in Dixonville, Enchant, Retlaw, Matziwin, and Halkirk-Provost in Alberta; and Noel, British Columbia. As of December 31, 2014, it had proved plus probable reserves of 54,129 Mboe. The company was formerly known as Pace Oil & Gas Ltd. and changed its name to Spyglass Resources Corp. in March 2013, as result of its amalgamation with Charger Energy Corp. and AvenEx Energy Corp. Spyglass Resources Corp. is headquartered in Calgary, Canada. On November 26, 2015, syndicate of lenders filed an involuntary petition against Spyglass Resources Corp. in the Court of Queen's Bench of Albert. The Court approved the involuntary petition on November 26, 2015.

Full SGLRF 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.