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SHMCF vs GBDC: Dividend Comparison 2026

SHMCF yields 0.80% · GBDC yields 11.86%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $20.83M in total portfolio value
10 years
SHMCF
SHMCF
● Live price
0.80%
Share price
$7.50
Annual div
$0.06
5Y div CAGR
-50%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$19.8K
Annual income
$0.08
Full SHMCF 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 — SHMCF 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 PeriodSHMCFGBDC
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, SHMCF + GBDC cover 0 of 12 monthsgood coverage

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

SHMCF
Annual income on $10K today (after 15% tax)
$68.00/yr
After 10yr DRIP, annual income (after tax)
$0.07/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 $13,983,123.69/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 SHMCF + GBDC for your $10,000?

SHMCF: 50%GBDC: 50%
100% GBDC50/50100% SHMCF
Portfolio after 10yr
$10.43M
Annual income
$8,225,366.96/yr
Blended yield
78.83%
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Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

SHMCF
No analyst data
Altman Z
2.0
Piotroski
3/9
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.
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Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

SHMCF buys
0
GBDC buys
0
No recent congressional trades found for SHMCF or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricSHMCFGBDC
Forward yield0.80%11.86%
Annual dividend / share$0.06$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR-50%51.1%
Portfolio after 10y$19.8K$20.85M
Annual income after 10y$0.08$16,450,733.83
Total dividends collected$80.00$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearSHMCF PortfolioSHMCF Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$10,740$40.00$12,492$1,791.70$1.8KGBDC
2$11,512$20.07$16,527$3,160.58$5.0KGBDC
3$12,328$10.05$23,588$5,904.90$11.3KGBDC
4$13,196$5.03$37,141$11,901.65$23.9KGBDC
5$14,122$2.52$66,205$26,463.38$52.1KGBDC
6$15,112$1.26$137,452$66,612.65$122.3KGBDC
7$16,170$0.63$342,372$195,298.53$326.2KGBDC
8$17,302$0.31$1,053,292$686,954.33$1.04MGBDC
9$18,514$0.16$4,111,439$2,984,416.95$4.09MGBDC
10$19,810$0.08$20,849,974$16,450,733.83$20.83MGBDC

SHMCF vs GBDC: Complete Analysis 2026

SHMCFStock

Renewi plc provides waste-to-product services. The company operates through Commercial Waste, Mineralz & Water, and Specialities segments. The Commercial Waste segment engages in the collection and treatment of commercial waste in the Netherlands and Belgium; and processing of wood, aggregates, plastics, paper products, and organic waste. The Mineralz & Water segment decontaminates, stabilizes, and re-uses contaminated materials to produce secondary products for the construction industry in the Netherlands and Belgium; processes and cleans bottom ash, fly ash, and other soils; and handles contaminated soils, old road surfaces, industrial waters, sludges, chemical waste, incinerator residues, and packed hazardous waste. The Specialities segment engages in processing of plants that focuses on recycling and diverting specific waste streams, as well as operates waste treatment facilities for the United Kingdom city and county councils; and recycling of waste from electrical and electronic products, and glass. It operates in the United Kingdom, the Netherlands, Belgium, France, Portugal, and Hungary. The company was formerly known as Shanks Group plc and changed its name to Renewi plc in February 2017. Renewi plc was founded in 1880 and is headquartered in Milton Keynes, the United Kingdom.

Full SHMCF 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.