Is SMCDF or GBDC a better dividend investment in 2026?

SMCDF currently yields 20000.00% with a 5% 5-year dividend growth rate. GBDC yields 11.86% with 5% growth. The better choice depends on your goal: SMCDF offers higher current income.

What is the dividend yield difference between SMCDF and GBDC?

SMCDF has a forward dividend yield of 20000.00% ($2.00/share annually). GBDC yields 11.86% ($1.50/share annually). The yield gap is 19988.14 percentage points.

Home › Compare › SMCDF vs GBDC

SMCDF vs GBDC: Dividend Comparison 2026

SMCDF yields 20000.00% · GBDC yields 11.86%● Live data

vsPost on X →

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

🏆 SMCDF wins by $52481917574412746752.00M in total portfolio value

INVESTMENT

TIME HORIZON10 years

SMCDF

● Live price

20000.00%

Share price

$0.01

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$52481917574412746752.00M

Annual income

$51,970,745,957,167,775,000,000,000.00

Full SMCDF 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 — SMCDF vs GBDC

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

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

SMCDF pays

GBDC pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

SMCDF

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

$1,700,000.00/yr

After 10yr DRIP, annual income (after tax)

$44,175,134,063,592,610,000,000,000.00/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, SMCDF beats the other by $44,175,134,063,592,610,000,000,000.00/year in after-tax income after 10 years on $10,000

⚖️

Lazy Portfolio Split Optimizer

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

SMCDF: 50%GBDC: 50%

100% GBDC50/50100% SMCDF

Portfolio after 10yr

$26240958787206373376.00M

Annual income

$25,985,372,978,583,888,000,000,000.00/yr

Blended yield

99.03%

📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

SMCDF

No analyst data

Altman Z

-3.1

Piotroski

4/9

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)

SMCDF buys

GBDC buys

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

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

MetricSMCDFGBDC

Forward yield	20000.00% ✓	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	$52481917574412746752.00M ✓	$20.85M
Annual income after 10y	$51,970,745,957,167,775,000,000,000.00 ✓	$16,450,733.83
Total dividends collected	$52448189483771600896.00M ✓	$20.43M
Payment frequency	quarterly	quarterly
Sector	Stock	BDC

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

Year	SMCDF Portfolio	SMCDF Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1← crossover	$2,010,700	$2,000,000.00	$12,492	$1,791.70	+$2.00M → SMCDF
2	$377,983,225	$375,831,775.70	$16,527	$3,160.58	+$377.97M → SMCDF
3	$66,433,479,469	$66,029,037,418.28	$23,588	$5,904.90	+$66433.46M → SMCDF
4	$10,916,985,471,987	$10,845,901,648,955.73	$37,141	$11,901.65	+$10916985.43M → SMCDF
5	$1,677,384,363,769,318	$1,665,703,189,314,291.80	$66,205	$26,463.38	+$1677384363.70M → SMCDF
6	$240,985,175,079,139,100	$239,190,373,809,905,920.00	$137,452	$66,612.65	+$240985175079.00M → SMCDF
7	$32,373,573,631,143,694,000	$32,115,719,493,809,017,000.00	$342,372	$195,298.53	+$32373573631143.35M → SMCDF
8	$4,066,766,648,320,630,000,000	$4,032,126,924,535,306,000,000.00	$1,053,292	$686,954.33	+$4066766648320629.00M → SMCDF
9	$477,730,483,406,513,300,000,000	$473,379,043,092,810,300,000,000.00	$4,111,439	$2,984,416.95	+$477730483406513344.00M → SMCDF
10	$52,481,917,574,412,750,000,000,000	$51,970,745,957,167,775,000,000,000.00	$20,849,974	$16,450,733.83	+$52481917574412746752.00M → SMCDF

SMCDF vs GBDC: Complete Analysis 2026

SMCDF — Stock

Strategic Minerals Plc engages in the exploration, development, and operation of mining projects. The company operates the Cobre mine in New Mexico, which sells magnetite for use in the cement, fertilizer, dense media/medium, paint pigment, water jet cutting, ballast, magnet, toner, coal cleaning, and landscaping markets. It also holds interest in the Leigh Creek Copper Mine located in the North Flinders Ranges of South Australia; and the Redmoor tin/tungsten project in Cornwall, the United Kingdom. The company was incorporated in 2010 and is based in London, the United Kingdom.

Full SMCDF 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.