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TOAGF vs GBDC: Dividend Comparison 2026

TOAGF yields 4.71% · GBDC yields 11.85%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 TOAGF wins by $4363.79M in total portfolio value· pulled ahead in Year 5
10 years
TOAGF
TOAGF
● Live price
4.71%
Share price
$9.56
Annual div
$0.45
5Y div CAGR
100%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$4384.56M
Annual income
$4,212,637,439.47
Full TOAGF 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 — TOAGF vs GBDC

📍 TOAGF pulled ahead of the other in Year 5

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 PeriodTOAGFGBDC
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, TOAGF + GBDC cover 0 of 12 monthsgood coverage

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

Tax Bracket Optimizer

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

TOAGF
Annual income on $10K today (after 15% tax)
$400.10/yr
After 10yr DRIP, annual income (after tax)
$3,580,741,823.55/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, TOAGF beats the other by $3,566,810,949.65/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

TOAGF: 50%GBDC: 50%
100% GBDC50/50100% TOAGF
Portfolio after 10yr
$2202.67M
Annual income
$2,114,513,351.44/yr
Blended yield
96.00%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

TOAGF
No analyst data
Altman Z
3.1
Piotroski
4/9
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)

TOAGF buys
0
GBDC buys
2
PoliticianChamberTickerTypeAmountDate
David P. Joyce🏢 House$GBDC▼ Sell$1,001 - $15,0002023-06-30
David P. Joyce🏢 House$GBDC▼ Sell$15,001 - $50,0002023-06-19
David P. Joyce🏢 House$GBDC▼ Sell$15,001 - $50,0002022-07-14
David P. Joyce🏢 House$GBDC▼ Sell$15,001 - $50,0002022-07-12
Teresa Leger Fernandez🏢 House$GBDC▼ Sell$15,001 - $50,0002021-01-20
David P. Joyce🏢 House$GBDC▲ Buy$1,001 - $15,0002020-02-25
David P. Joyce🏢 House$GBDC▲ Buy$15,001 - $50,0002019-05-30
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricTOAGFGBDC
Forward yield4.71%11.85%
Annual dividend / share$0.45$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR100%51.1%
Portfolio after 10y$4384.56M$20.78M
Annual income after 10y$4,212,637,439.47$16,389,263.41
Total dividends collected$4372.44M$20.36M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearTOAGF PortfolioTOAGF Income/yrGBDC PortfolioGBDC Income/yrGap
1$11,641$941.42$12,490$1,790.28$849.00GBDC
2$14,505$2,048.50$16,522$3,157.73$2.0KGBDC
3$20,291$4,770.78$23,578$5,898.68$3.3KGBDC
4$34,186$12,474.57$37,115$11,886.75$2.9KGBDC
5← crossover$75,863$39,284.05$66,136$26,423.57+$9.7KTOAGF
6$244,120$162,946.64$137,257$66,491.44+$106.9KTOAGF
7$1,241,297$980,088.47$341,734$194,868.54+$899.6KTOAGF
8$10,643,208$9,315,020.25$1,050,788$685,133.02+$9.59MTOAGF
9$160,676,922$149,288,689.78$4,099,314$2,974,971.01+$156.58MTOAGF
10$4,384,561,746$4,212,637,439.47$20,775,530$16,389,263.41+$4363.79MTOAGF

TOAGF vs GBDC: Complete Analysis 2026

TOAGFStock

Toagosei Co., Ltd., together with its subsidiaries, manufactures, distributes, and sells chemical products in Japan and internationally. The company operates through Commodity Chemicals, Polymer & Oligomer, Adhesive Material, Performance Chemicals, and Plastics segment. It offers inorganic products, including liquid caustic soda, liquid chlorine, synthetic hydrochloric acid, sodium hypochlorite, caustic and super potash, sulfuric acid, sodium sulfite, potassium pyrophosphate, and copper oxide, as well as iron perchloride, hypochiorous acid, copper pyrophosphate, and copper potassium pyrophosphate solutions; chlorinated solvents, such as trichlorethylene and tetrachlorethylene; and ammonium sulfate and potassium bicarbonate fertilizers. The company also provides acrylic monomers; acrylamide tertiary butyl sulfonic acid and ethylene carbonate; acrylic polymers, such as dispersants, thickeners, scale inhibitors, pressure sensitive adhesives, binders, paint vehicles, and gelling agents; special polymers; solvent-free acrylic polymers; special acrylic monomers; polymer flocculants; and UV-curable resins. Further, the company provides instant glues and functional adhesives; inorganic chemicals, such as liquid hydrogen chloride, and hexachlorodisilane, as well as potassium hydroxide and carbonate aqueous, and ferric chloride solutions; and inorganic functional materials, including electronic materials and amenity care materials. Additionally, it offers industrial gases, such as oxygen, nitrogen, argon, hydrogen, carbon dioxide, and mixed gas; and products for the construction and civil engineering. The company was founded in 1933 and is headquartered in Tokyo, Japan.

Full TOAGF 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.