Is TLCO or GBDC a better dividend investment in 2026?

TLCO currently yields 222222.22% with a 5% 5-year dividend growth rate. GBDC yields 11.86% with 5% growth. The better choice depends on your goal: TLCO offers higher current income.

What is the dividend yield difference between TLCO and GBDC?

TLCO has a forward dividend yield of 222222.22% ($2.00/share annually). GBDC yields 11.86% ($1.50/share annually). The yield gap is 222210.36 percentage points.

Home › Compare › TLCO vs GBDC

TLCO vs GBDC: Dividend Comparison 2026

TLCO yields 222222.22% · GBDC yields 11.86%● Live data

vsPost on X →

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

🏆 TLCO wins by $1.4076447531278624e+30M in total portfolio value

INVESTMENT

TIME HORIZON10 years

TLCO

● Live price

222222.22%

Share price

$0.00

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$1.4076447531278624e+30M

Annual income

$1,406,399,782,569,334,400,000,000,000,000,000,000.00

Full TLCO 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 — TLCO vs GBDC

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

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

TLCO pays

GBDC pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

TLCO

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

$18,888,888.89/yr

After 10yr DRIP, annual income (after tax)

$1,195,439,815,183,934,200,000,000,000,000,000,000.00/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, TLCO beats the other by $1,195,439,815,183,934,200,000,000,000,000,000,000.00/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 TLCO + GBDC for your $10,000?

TLCO: 50%GBDC: 50%

100% GBDC50/50100% TLCO

Portfolio after 10yr

$7.038223765639312e+29M

Annual income

$703,199,891,284,667,200,000,000,000,000,000,000.00/yr

Blended yield

99.91%

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Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

TLCO

No analyst data

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)

TLCO buys

GBDC buys

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

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

MetricTLCOGBDC

Forward yield	222222.22% ✓	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	$1.4076447531278624e+30M	$20.85M ✓
Annual income after 10y	$1,406,399,782,569,334,400,000,000,000,000,000,000.00 ✓	$16,450,733.83
Total dividends collected	$1.4075632434891558e+30M	$20.43M ✓
Payment frequency	quarterly	quarterly
Sector	Stock	BDC

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

Year	TLCO Portfolio	TLCO Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1← crossover	$22,232,922	$22,222,222.22	$12,492	$1,791.70	+$22.22M → TLCO
2	$46,198,082,523	$46,174,293,296.41	$16,527	$3,160.58	+$46198.07M → TLCO
3	$89,718,752,943,223	$89,669,320,994,923.30	$23,588	$5,904.90	+$89718752.92M → TLCO
4	$162,845,393,609,755,680	$162,749,394,544,106,430.00	$37,141	$11,901.65	+$162845393609.72M → TLCO
5	$276,249,735,879,778,500,000	$276,075,491,308,616,120,000.00	$66,205	$26,463.38	+$276249735879778.44M → TLCO
6	$437,989,462,258,048,500,000,000	$437,693,875,040,657,100,000,000.00	$137,452	$66,612.65	+$437989462258048512.00M → TLCO
7	$649,026,142,700,674,900,000,000,000	$648,557,493,976,058,700,000,000,000.00	$342,372	$195,298.53	+$649026142700674875392.00M → TLCO
8	$898,874,153,179,794,200,000,000,000,000	$898,179,695,207,104,400,000,000,000,000.00	$1,053,292	$686,954.33	+$8.988741531797941e+23M → TLCO
9	$1,163,523,886,474,633,300,000,000,000,000,000	$1,162,562,091,130,731,000,000,000,000,000,000.00	$4,111,439	$2,984,416.95	+$1.1635238864746333e+27M → TLCO
10	$1,407,644,753,127,862,300,000,000,000,000,000,000	$1,406,399,782,569,334,400,000,000,000,000,000,000.00	$20,849,974	$16,450,733.83	+$1.4076447531278624e+30M → TLCO

TLCO vs GBDC: Complete Analysis 2026

TLCO — Stock

Teleconnect Inc. manufactures, sells, and leases age validation equipment for supermarkets and liquor stores in the Netherlands. The company's Ageviewer's system checks age of the customer remotely to prevent the sale of tobacco and alcohol to minors. It also sells and maintains vending solutions for the sale of traveling accessories and other related products at train stations and airports; performs market surveys; and broadcasts in-store commercial messages by using the age validation equipment between age checks. The company was incorporated in 1998 and is based in Breda, the Netherlands.

Full TLCO 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.