HomeCompareTNJIF vs GBDC

TNJIF vs GBDC: Dividend Comparison 2026

TNJIF yields 5.08% · GBDC yields 11.85%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $19.23M in total portfolio value
10 years
TNJIF
TNJIF
● Live price
5.08%
Share price
$0.46
Annual div
$0.02
5Y div CAGR
54.8%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$1.55M
Annual income
$1,038,001.72
Full TNJIF calculator →
GBDC
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 — TNJIF vs GBDC

📍 GBDC 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 PeriodTNJIFGBDC
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, TNJIF + GBDC cover 0 of 12 monthsgood coverage

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

Tax Bracket Optimizer

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

TNJIF
Annual income on $10K today (after 15% tax)
$431.77/yr
After 10yr DRIP, annual income (after tax)
$882,301.46/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, GBDC beats the other by $13,048,572.44/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

TNJIF: 50%GBDC: 50%
100% GBDC50/50100% TNJIF
Portfolio after 10yr
$11.16M
Annual income
$8,713,632.56/yr
Blended yield
78.07%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

TNJIF
No analyst data
Altman Z
1.4
Piotroski
6/9
GBDC
Analyst Ratings
6
Buy
5
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)

TNJIF buys
0
GBDC buys
0
No recent congressional trades found for TNJIF or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricTNJIFGBDC
Forward yield5.08%11.85%
Annual dividend / share$0.02$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR54.8%51.1%
Portfolio after 10y$1.55M$20.78M
Annual income after 10y$1,038,001.72$16,389,263.41
Total dividends collected$1.47M$20.36M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearTNJIF PortfolioTNJIF Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$11,486$786.33$12,490$1,790.28$1.0KGBDC
2$13,597$1,306.69$16,522$3,157.73$2.9KGBDC
3$16,787$2,237.81$23,578$5,898.68$6.8KGBDC
4$21,959$3,996.96$37,115$11,886.75$15.2KGBDC
5$31,060$7,564.13$66,136$26,423.57$35.1KGBDC
6$48,713$15,478.90$137,257$66,491.44$88.5KGBDC
7$87,244$35,121.40$341,734$194,868.54$254.5KGBDC
8$184,353$91,002.06$1,050,788$685,133.02$866.4KGBDC
9$475,455$278,197.08$4,099,314$2,974,971.01$3.62MGBDC
10$1,546,739$1,038,001.72$20,775,530$16,389,263.41$19.23MGBDC

TNJIF vs GBDC: Complete Analysis 2026

TNJIFStock

Tianjin Capital Environmental Protection Group Company Limited, together with its subsidiaries, engages in the sewage treatment and construction of the sewage treatment plants in the People's Republic of China. It operates through Sewage Water Processing and Water Plant Facilities Construction; Recycled Water and Pipeline Connection; Heating and Cooling Supply and Related Facilities Construction; Tap Water and Water Plant Facilities Construction; Sale of Environmental Protection Equipment; and All Other segments. The company offers municipal sewage treatment, and water supply and recycling services, as well as sludge treatment, photovoltaic power generation, transformation of achievements in technology research, etc.; and involved in hazardous wastes business. It also provides toll collection services; environment governance, technical consulting services, etc.; technical consulting for water recycling business; energy saving and research, consulting and transfer, and property management services; and industrial solid waste incineration and disposal, and general waste recycling services, as well as invests in construction projects; and manufactures and sells new building materials. The company was founded in 1993 and is based in Tianjin, the People's Republic of China. Tianjin Capital Environmental Protection Group Company Limited is a subsidiary of Tianjin Municipal Investment Company Limited.

Full TNJIF 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.