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SHANF vs GBDC: Dividend Comparison 2026

SHANF yields 153.14% · GBDC yields 11.85%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $20.70M in total portfolio value· pulled ahead in Year 5
10 years
SHANF
SHANF
● Live price
153.14%
Share price
$1.31
Annual div
$2.00
5Y div CAGR
-44.9%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$74.0K
Annual income
$148.25
Full SHANF calculator →
GBDC
GBDC
● Live price
11.85%
Share price
$12.66
Annual div
$1.50
5Y div CAGR
51.1%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$20.78M
Annual income
$16,389,263.41
Full GBDC calculator →

Portfolio growth — SHANF 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 PeriodSHANFGBDC
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, SHANF + GBDC cover 0 of 12 monthsgood coverage

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

SHANF
Annual income on $10K today (after 15% tax)
$13,016.85/yr
After 10yr DRIP, annual income (after tax)
$126.01/yr
GBDC
Annual income on $10K today (after 15% tax)
$1,007.11/yr
After 10yr DRIP, annual income (after tax)
$13,930,873.90/yr
At 15% tax rate, GBDC beats the other by $13,930,747.89/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

SHANF: 50%GBDC: 50%
100% GBDC50/50100% SHANF
Portfolio after 10yr
$10.42M
Annual income
$8,194,705.82/yr
Blended yield
78.61%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

SHANF
No analyst data
Altman Z
3.5
Piotroski
6/9
GBDC
Analyst Ratings
6
Buy
5
Hold
Consensus: Buy
Price Target
$14.00
+10.6% 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)

SHANF buys
0
GBDC buys
2
PoliticianChamberTickerTypeAmountDate
David P. Joyce🏢 House$GBDC▼ Sell$1,001 - $15,0002023-06-30
David P. Joyce🏢 House$GBDC▼ Sell$15,001 - $50,0002023-06-19
David P. Joyce🏢 House$GBDC▼ Sell$15,001 - $50,0002022-07-14
David P. Joyce🏢 House$GBDC▼ Sell$15,001 - $50,0002022-07-12
Teresa Leger Fernandez🏢 House$GBDC▼ Sell$15,001 - $50,0002021-01-20
David P. Joyce🏢 House$GBDC▲ Buy$1,001 - $15,0002020-02-25
David P. Joyce🏢 House$GBDC▲ Buy$15,001 - $50,0002019-05-30
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricSHANFGBDC
Forward yield153.14%11.85%
Annual dividend / share$2.00$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR-44.9%51.1%
Portfolio after 10y$74.0K$20.78M
Annual income after 10y$148.25$16,389,263.41
Total dividends collected$33.4K$20.36M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearSHANF PortfolioSHANF Income/yrGBDC PortfolioGBDC Income/yrGap
1$19,138$8,437.98$12,490$1,790.28+$6.6KSHANF
2$28,793$8,315.77$16,522$3,157.73+$12.3KSHANF
3$37,252$6,442.69$23,578$5,898.68+$13.7KSHANF
4$44,152$4,292.27$37,115$11,886.75+$7.0KSHANF
5← crossover$49,862$2,619.72$66,136$26,423.57$16.3KGBDC
6$54,876$1,523.51$137,257$66,491.44$82.4KGBDC
7$59,580$863.43$341,734$194,868.54$282.2KGBDC
8$64,234$482.74$1,050,788$685,133.02$986.6KGBDC
9$68,998$268.01$4,099,314$2,974,971.01$4.03MGBDC
10$73,976$148.25$20,775,530$16,389,263.41$20.70MGBDC

SHANF vs GBDC: Complete Analysis 2026

SHANFStock

Shandong Molong Petroleum Machinery Company Limited engages in the design, research and development, production, and sale of products for the energy equipment industry in the People's Republic of China. The company operates through Pipe Products, Three Kinds of Pumping Units, Petroleum Machinery Parts, Tube Blank, High-End Castings and Forgings, and Others segments. The company's products include API and non API casing products, line pipe products, precision steel pipes, hydraulic prop tubes, fluid pipes, cylinder tubes, and boiler tubes; sucker rods; and valve body, cylinder liners, gate valves, and billet products. Its products are used in petroleum, natural gas, coalbed methane, shale gas, machinery processing, urban pipe network, etc., as well as used in equipment for oil and gas drilling, and wind turbine castings. In addition, the company engages in the research of new materials for energy equipment; production and sale of metal casting and forging; sea water desalination activities; waste heat and gas power generation activities; and manufacture and sale of special equipment. It also exports its energy equipment. Shandong Molong Petroleum Machinery Company Limited was founded in 2001 and is based in Shouguang City, China.

Full SHANF 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.