Is SWBK or GBDC a better dividend investment in 2026?

SWBK currently yields 21.39% with a 5% 5-year dividend growth rate. GBDC yields 4.00% with 5% growth. The better choice depends on your goal: SWBK offers higher current income.

What is the dividend yield difference between SWBK and GBDC?

SWBK has a forward dividend yield of 21.39% ($2.00/share annually). GBDC yields 4.00% ($2.00/share annually). The yield gap is 17.39 percentage points.

Home › Compare › SWBK vs GBDC

SWBK vs GBDC: Dividend Comparison 2026

SWBK yields 21.39% · GBDC yields 4.00%● Live data

vsPost on X →

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

🏆 SWBK wins by $51.4K in total portfolio value

INVESTMENT

TIME HORIZON10 years

SWBK

● Live price

21.39%

Share price

$9.35

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$79.5K

Annual income

$7,796.14

Full SWBK calculator →

GBDC

● Live price

4.00%

Share price

$50.00

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$28.0K

Annual income

$899.19

Full GBDC calculator →

Portfolio growth — SWBK vs GBDC

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

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

SWBK pays

GBDC pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

SWBK

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

$1,818.18/yr

After 10yr DRIP, annual income (after tax)

$6,626.72/yr

GBDC

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

$340.00/yr

After 10yr DRIP, annual income (after tax)

$764.31/yr

At 15% tax rate, SWBK beats the other by $5,862.41/year in after-tax income after 10 years on $10,000

⚖️

Lazy Portfolio Split Optimizer

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

SWBK: 50%GBDC: 50%

100% GBDC50/50100% SWBK

Portfolio after 10yr

$53.8K

Annual income

$4,347.67/yr

Blended yield

8.09%

📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

SWBK

Analyst Ratings

Buy

Consensus: Buy

GBDC

Analyst Ratings

Buy

Hold

Consensus: Buy

Price Target

$14.00

-72.0% 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)

SWBK buys

GBDC buys

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

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

MetricSWBKGBDC

Forward yield	21.39% ✓	4.00%
Annual dividend / share	$2.00	$2.00
Payout ratio	50%	50%
1-year div growth	0%	5% ✓
5-year div CAGR	0%	5% ✓
Portfolio after 10y	$79.5K ✓	$28.0K
Annual income after 10y	$7,796.14 ✓	$899.19
Total dividends collected	$46.8K ✓	$6.4K
Payment frequency	quarterly	quarterly
Sector	Stock	BDC
Analyst consensus	Buy	Buy

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

Year	SWBK Portfolio	SWBK Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1← crossover	$12,839	$2,139.04	$11,120	$420.00	+$1.7K → SWBK
2	$16,304	$2,566.65	$12,357	$458.31	+$3.9K → SWBK
3	$20,492	$3,046.18	$13,721	$499.76	+$6.8K → SWBK
4	$25,504	$3,578.08	$15,227	$544.58	+$10.3K → SWBK
5	$31,452	$4,161.97	$16,885	$593.02	+$14.6K → SWBK
6	$38,450	$4,796.71	$18,713	$645.34	+$19.7K → SWBK
7	$46,622	$5,480.40	$20,724	$701.81	+$25.9K → SWBK
8	$56,096	$6,210.44	$22,938	$762.73	+$33.2K → SWBK
9	$67,006	$6,983.60	$25,372	$828.41	+$41.6K → SWBK
10	$79,493	$7,796.14	$28,047	$899.19	+$51.4K → SWBK

SWBK vs GBDC: Complete Analysis 2026

SWBK — Stock

Switchback II Corporation focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was founded in 2020 and is based in Dallas, Texas.

Full SWBK Calculator →

GBDC — BDC

GBDC is a dividend-paying stock. Use this calculator to estimate your future dividend income, DRIP compounding returns, and passive income potential from investing in GBDC shares.

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.