Is SMEV or GBDC a better dividend investment in 2026?

SMEV currently yields 32258.06% with a 5% 5-year dividend growth rate. GBDC yields 11.85% with 5% growth. The better choice depends on your goal: SMEV offers higher current income.

What is the dividend yield difference between SMEV and GBDC?

SMEV has a forward dividend yield of 32258.06% ($2.00/share annually). GBDC yields 11.85% ($1.50/share annually). The yield gap is 32246.21 percentage points.

Home › Compare › SMEV vs GBDC

SMEV vs GBDC: Dividend Comparison 2026

SMEV yields 32258.06% · GBDC yields 11.85%● Live data

vsPost on X →

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

🏆 SMEV wins by $6.080919504444377e+21M in total portfolio value

INVESTMENT

TIME HORIZON10 years

SMEV

● Live price

32258.06%

Share price

$0.01

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$6.080919504444377e+21M

Annual income

$6,044,061,792,929,915,000,000,000,000.00

Full SMEV calculator →

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 — SMEV vs GBDC

📍 SMEV pulled ahead of the other in Year 1

Annual dividend income

🛡️

Recession Test — Did They Cut Dividends?

How each stock treated shareholders during the 3 biggest crises of the last 20 years

Crisis Period	SMEV	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, SMEV + GBDC cover 0 of 12 months — good coverage

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

SMEV pays

GBDC pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

SMEV

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

$2,741,935.48/yr

After 10yr DRIP, annual income (after tax)

$5,137,452,523,990,427,000,000,000,000.00/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, SMEV beats the other by $5,137,452,523,990,427,000,000,000,000.00/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 SMEV + GBDC for your $10,000?

SMEV: 50%GBDC: 50%

100% GBDC50/50100% SMEV

Portfolio after 10yr

$3.0404597522221886e+21M

Annual income

$3,022,030,896,464,957,500,000,000,000.00/yr

Blended yield

99.39%

📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

SMEV

No analyst data

Altman Z

-9.1

Piotroski

2/9

GBDC

Analyst Ratings

Buy

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.

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

SMEV buys

GBDC buys

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

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

MetricSMEVGBDC

Forward yield	32258.06% ✓	11.85%
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	$6.080919504444377e+21M	$20.78M ✓
Annual income after 10y	$6,044,061,792,929,915,000,000,000,000.00 ✓	$16,389,263.41
Total dividends collected	$6.078495418304981e+21M	$20.36M ✓
Payment frequency	quarterly	quarterly
Sector	Stock	BDC

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

Year	SMEV Portfolio	SMEV Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1← crossover	$3,236,506	$3,225,806.45	$12,490	$1,790.28	+$3.22M → SMEV
2	$979,196,089	$975,733,027.32	$16,522	$3,157.73	+$979.18M → SMEV
3	$276,940,574,299	$275,892,834,483.63	$23,578	$5,898.68	+$276940.55M → SMEV
4	$73,220,843,454,915	$72,924,517,040,414.64	$37,115	$11,886.75	+$73220843.42M → SMEV
5	$18,097,646,590,830,880	$18,019,300,288,334,120.00	$66,136	$26,423.57	+$18097646590.76M → SMEV
6	$4,181,742,514,252,880,400	$4,162,378,032,400,691,000.00	$137,257	$66,491.44	+$4181742514252.74M → SMEV
7	$903,336,272,998,417,400,000	$898,861,808,508,166,900,000.00	$341,734	$194,868.54	+$903336272998417.00M → SMEV
8	$182,435,095,891,060,850,000,000	$181,468,526,078,952,540,000,000.00	$1,050,788	$685,133.02	+$182435095891060864.00M → SMEV
9	$34,446,459,359,310,920,000,000,000	$34,251,253,806,707,490,000,000,000.00	$4,099,314	$2,974,971.01	+$34446459359310917632.00M → SMEV
10	$6,080,919,504,444,377,000,000,000,000	$6,044,061,792,929,915,000,000,000,000.00	$20,775,530	$16,389,263.41	+$6.080919504444377e+21M → SMEV

SMEV vs GBDC: Complete Analysis 2026

SMEV — Stock

Simulated Environment Concepts, Inc. engages in the development and manufacture of medical, health, and wellness equipments in the United States and internationally. Its products include SpaCapsule, a robotic massage therapy system used for medical rehabilitation, relaxation, weight loss, slimming, cellulite management, and general wellness; and PTjetCapsule. The company also offers components, parts, accessories, and peripheral massage and health related items. Its products are used in various environments, such as corporate employee lounges, relaxation centers, gyms and health clubs, doctor's offices, hotels, tanning and beauty salons/spas, luxury accommodations, gulf clubs, ski lounges, shopping centers and malls, airports, cruise ships, luxury yachts, and homes. Simulated Environment Concepts, Inc. was founded in 1993 and is based in Miami, Florida.

Full SMEV 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.