Is SMURF or GBDC a better dividend investment in 2026?

SMURF currently yields 1926.78% with a 5% 5-year dividend growth rate. GBDC yields 11.85% with 5% growth. The better choice depends on your goal: SMURF offers higher current income.

What is the dividend yield difference between SMURF and GBDC?

SMURF has a forward dividend yield of 1926.78% ($2.00/share annually). GBDC yields 11.85% ($1.50/share annually). The yield gap is 1914.93 percentage points.

Home › Compare › SMURF vs GBDC

SMURF vs GBDC: Dividend Comparison 2026

SMURF yields 1926.78% · GBDC yields 11.85%● Live data

vsPost on X →

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

🏆 SMURF wins by $7025862835.40M in total portfolio value

INVESTMENT

TIME HORIZON10 years

SMURF

● Live price

1926.78%

Share price

$0.10

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$7025862856.17M

Annual income

$6,375,005,662,143,119.00

Full SMURF 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 — SMURF vs GBDC

📍 SMURF 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	SMURF	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%.

📅

Dividend Calendar Overlap

Combined, SMURF + GBDC cover 0 of 12 months — good coverage

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

SMURF pays

GBDC pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

SMURF

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

$163,776.49/yr

After 10yr DRIP, annual income (after tax)

$5,418,754,812,821,651.00/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, SMURF beats the other by $5,418,754,798,890,777.00/year in after-tax income after 10 years on $10,000

⚖️

Lazy Portfolio Split Optimizer

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

SMURF: 50%GBDC: 50%

100% GBDC50/50100% SMURF

Portfolio after 10yr

$3512931438.47M

Annual income

$3,187,502,839,266,191.00/yr

Blended yield

90.74%

📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

SMURF

No analyst data

Altman Z

9.7

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)

SMURF buys

GBDC buys

Politician	Chamber	Ticker	Type	Amount	Date
David P. Joyce	🏢 House	$GBDC	▼ Sell	$1,001 - $15,000	2023-06-30
David P. Joyce	🏢 House	$GBDC	▼ Sell	$15,001 - $50,000	2023-06-19
David P. Joyce	🏢 House	$GBDC	▼ Sell	$15,001 - $50,000	2022-07-14
David P. Joyce	🏢 House	$GBDC	▼ Sell	$15,001 - $50,000	2022-07-12
Teresa Leger Fernandez	🏢 House	$GBDC	▼ Sell	$15,001 - $50,000	2021-01-20
David P. Joyce	🏢 House	$GBDC	▲ Buy	$1,001 - $15,000	2020-02-25
David P. Joyce	🏢 House	$GBDC	▲ Buy	$15,001 - $50,000	2019-05-30

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

MetricSMURFGBDC

Forward yield	1926.78% ✓	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	$7025862856.17M ✓	$20.78M
Annual income after 10y	$6,375,005,662,143,119.00 ✓	$16,389,263.41
Total dividends collected	$6979531506.34M ✓	$20.36M
Payment frequency	quarterly	quarterly
Sector	Stock	BDC

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

Year	SMURF Portfolio	SMURF Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1← crossover	$203,378	$192,678.23	$12,490	$1,790.28	+$190.9K → SMURF
2	$3,879,910	$3,662,294.98	$16,522	$3,157.73	+$3.86M → SMURF
3	$69,447,522	$65,296,018.95	$23,578	$5,898.68	+$69.42M → SMURF
4	$1,166,599,119	$1,092,290,270.10	$37,115	$11,886.75	+$1166.56M → SMURF
5	$18,396,486,149	$17,148,225,091.39	$66,136	$26,423.57	+$18396.42M → SMURF
6	$272,409,488,254	$252,725,248,074.73	$137,257	$66,491.44	+$272409.35M → SMURF
7	$3,788,933,724,527	$3,497,455,572,095.86	$341,734	$194,868.54	+$3788933.38M → SMURF
8	$49,517,694,710,819	$45,463,535,625,574.13	$1,050,788	$685,133.02	+$49517693.66M → SMURF
9	$608,277,751,428,599	$555,293,818,088,023.40	$4,099,314	$2,974,971.01	+$608277747.33M → SMURF
10	$7,025,862,856,171,720	$6,375,005,662,143,119.00	$20,775,530	$16,389,263.41	+$7025862835.40M → SMURF

SMURF vs GBDC: Complete Analysis 2026

SMURF — Stock

Tokens.com Corp. provides blockchain verification services through proof-of-stake technology. The company's technology secures next-generation blockchain networks through Proof-of-Stake technology to support the growth of decentralized finance applications. It invests in Web3 assets and businesses focused on the Metaverse, NFTs, DeFi, and gaming-based digital assets; purchases and stakes tokens; operates in virtually integrated digital real estate business; and holds NFT assets and invests in crypto-based games. The company also provides consulting services. Tokens.com Corp. is headquartered in Toronto, Canada.

Full SMURF 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 →

📬

Get this SMURF vs GBDC comparison by email

Save your analysis + weekly dividend insights. Free forever.

More comparisons

SMURF vs SCHD SMURF vs JEPI SMURF vs O SMURF vs KO SMURF vs MAIN

⚠️ Educational purposes only. Not financial advice. Congressional trades sourced from SEC STOCK Act filings via FMP. Past performance does not guarantee future results.