HomeCompareSWRAF vs GBDC

SWRAF vs GBDC: Dividend Comparison 2026

SWRAF yields 4.17% · GBDC yields 11.86%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 SWRAF wins by $2229.50M in total portfolio value· pulled ahead in Year 6
10 years
SWRAF
SWRAF
● Live price
4.17%
Share price
$10.50
Annual div
$0.44
5Y div CAGR
100%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$2250.35M
Annual income
$2,151,183,113.88
Full SWRAF 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 — SWRAF vs GBDC

📍 SWRAF pulled ahead of the other in Year 6

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 PeriodSWRAFGBDC
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, SWRAF + GBDC cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
SWRAF pays
GBDC pays
Both pay
Neither
💰

Tax Bracket Optimizer

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

SWRAF
Annual income on $10K today (after 15% tax)
$354.20/yr
After 10yr DRIP, annual income (after tax)
$1,828,505,646.80/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, SWRAF beats the other by $1,814,522,523.04/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

SWRAF: 50%GBDC: 50%
100% GBDC50/50100% SWRAF
Portfolio after 10yr
$1135.60M
Annual income
$1,083,816,923.86/yr
Blended yield
95.44%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

SWRAF
No analyst data
Altman Z
0.9
Piotroski
7/9
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.
🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

SWRAF buys
0
GBDC buys
0
No recent congressional trades found for SWRAF or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricSWRAFGBDC
Forward yield4.17%11.86%
Annual dividend / share$0.44$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR100%51.1%
Portfolio after 10y$2250.35M$20.85M
Annual income after 10y$2,151,183,113.88$16,450,733.83
Total dividends collected$2243.29M$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearSWRAF PortfolioSWRAF Income/yrGBDC PortfolioGBDC Income/yrGap
1$11,533$833.41$12,492$1,791.70$959.00GBDC
2$14,137$1,796.65$16,527$3,160.58$2.4KGBDC
3$19,243$4,116.43$23,588$5,904.90$4.3KGBDC
4$31,064$10,473.21$37,141$11,901.65$6.1KGBDC
5$64,839$31,600.67$66,205$26,463.38$1.4KGBDC
6← crossover$192,667$123,289.08$137,452$66,612.65+$55.2KSWRAF
7$890,919$684,766.07$342,372$195,298.53+$548.5KSWRAF
8$6,871,903$5,918,618.88$1,053,292$686,954.33+$5.82MSWRAF
9$92,683,614$85,330,678.12$4,111,439$2,984,416.95+$88.57MSWRAF
10$2,250,354,581$2,151,183,113.88$20,849,974$16,450,733.83+$2229.50MSWRAF

SWRAF vs GBDC: Complete Analysis 2026

SWRAFStock

Swire Pacific Limited engages in property, aviation, beverages, marine, and trading and industrial businesses in Hong Kong, Mainland China, rest of Asia, the United States, and internationally. The company's Property division develops, owns, and operates mixed-use properties. This division's property investment portfolio comprises office and retail premises, serviced apartments, other luxury residential accommodations, and commercial mixed-use developments; and trading portfolio consists of residential properties. It also owns and manages two hotels in Hong Kong and four hotels in Mainland China, as well as owns interests in the Mandarin Oriental hotel in the United States. The company's Aviation division provides flight catering and ramp, passenger and cargo services, and aircraft maintenance and modification services. As of December 31, 2021, it had a fleet of 234 aircraft. Its Beverages division owns rights to manufacture, market, and distribute refreshing soft drinks to consumers. The company's Trading & Industrial division retails and distributes footwear, apparel, and accessories through its 164 retail outlets; sells passenger cars, commercial vehicles, motorcycles, and scooters; operates a chain of 538 bakery stores; packages and sells sugar products under the Taikoo Sugar brand; and offers waste management services. The company was founded in 1816 and is based in Central, Hong Kong.

Full SWRAF 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.