HomeCompareTPSRF vs GBDC

TPSRF vs GBDC: Dividend Comparison 2026

TPSRF yields 10.69% · GBDC yields 11.86%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 TPSRF wins by $680755.29M in total portfolio value
10 years
TPSRF
TPSRF
● Live price
10.69%
Share price
$0.35
Annual div
$0.04
5Y div CAGR
100%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$680776.14M
Annual income
$668,756,635,342.81
Full TPSRF 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 — TPSRF vs GBDC

📍 TPSRF 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 PeriodTPSRFGBDC
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, TPSRF + GBDC cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
TPSRF pays
GBDC pays
Both pay
Neither
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Tax Bracket Optimizer

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

TPSRF
Annual income on $10K today (after 15% tax)
$908.53/yr
After 10yr DRIP, annual income (after tax)
$568,443,140,041.39/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, TPSRF beats the other by $568,429,156,917.63/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 TPSRF + GBDC for your $10,000?

TPSRF: 50%GBDC: 50%
100% GBDC50/50100% TPSRF
Portfolio after 10yr
$340398.50M
Annual income
$334,386,543,038.32/yr
Blended yield
98.23%
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Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

TPSRF
No analyst data
Altman Z
6.6
Piotroski
6/9
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)

TPSRF buys
0
GBDC buys
0
No recent congressional trades found for TPSRF or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricTPSRFGBDC
Forward yield10.69%11.86%
Annual dividend / share$0.04$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR100%51.1%
Portfolio after 10y$680776.14M$20.85M
Annual income after 10y$668,756,635,342.81$16,450,733.83
Total dividends collected$679964.44M$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearTPSRF PortfolioTPSRF Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$12,838$2,137.71$12,492$1,791.70+$346.00TPSRF
2$18,866$5,129.60$16,527$3,160.58+$2.3KTPSRF
3$34,277$14,090.30$23,588$5,904.90+$10.7KTPSRF
4$84,527$47,850.79$37,141$11,901.65+$47.4KTPSRF
5$311,005$220,561.55$66,205$26,463.38+$244.8KTPSRF
6$1,849,646$1,516,870.22$137,452$66,612.65+$1.71MTPSRF
7$18,841,360$16,862,238.82$342,372$195,298.53+$18.50MTPSRF
8$341,219,418$321,059,162.24$1,053,292$686,954.33+$340.17MTPSRF
9$11,233,183,430$10,868,078,653.16$4,111,439$2,984,416.95+$11229.07MTPSRF
10$680,776,141,613$668,756,635,342.81$20,849,974$16,450,733.83+$680755.29MTPSRF

TPSRF vs GBDC: Complete Analysis 2026

TPSRFStock

Topsports International Holdings Limited, an investment holding company, engages in the sale of sportswear products in the People's Republic of China. The company is also involved in the leasing of commercial spaces to other retailers for concessionaire sale; provision of information technology services; operation of sports cities business; and trading of sportswear products. As of February 28, 2022, it operated a network of 7,695 directly operated stores. The company also offers its products through e-commerce platform. Topsports International Holdings Limited was founded in 1999 and is headquartered in Kwai Chung, Hong Kong.

Full TPSRF 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.