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VLBOF vs GBDC: Dividend Comparison 2026

VLBOF yields 4.02% · GBDC yields 11.85%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $16.48M in total portfolio value
10 years
VLBOF
VLBOF
● Live price
4.02%
Share price
$26.28
Annual div
$1.06
5Y div CAGR
66.5%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$4.30M
Annual income
$3,308,171.77
Full VLBOF 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 — VLBOF 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 PeriodVLBOFGBDC
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, VLBOF + GBDC cover 0 of 12 months — good coverage

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

Tax Bracket Optimizer

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

VLBOF
Annual income on $10K today (after 15% tax)
$341.35/yr
After 10yr DRIP, annual income (after tax)
$2,811,946.00/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 $11,118,927.89/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

VLBOF: 50%GBDC: 50%
100% GBDC50/50100% VLBOF
Portfolio after 10yr
$12.54M
Annual income
$9,848,717.59/yr
Blended yield
78.56%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

VLBOF
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)

VLBOF buys
0
GBDC buys
0
No recent congressional trades found for VLBOF or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricVLBOFGBDC
Forward yield4.02%11.85% ✓
Annual dividend / share$1.06$1.50 ✓
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR66.5% ✓51.1%
Portfolio after 10y$4.30M$20.78M ✓
Annual income after 10y$3,308,171.77$16,389,263.41 ✓
Total dividends collected$4.19M$20.36M ✓
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearVLBOF PortfolioVLBOF Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$11,369$668.64$12,490$1,790.28$1.1K → GBDC
2$13,347$1,182.86$16,522$3,157.73$3.2K → GBDC
3$16,443$2,160.98$23,578$5,898.68$7.1K → GBDC
4$21,736$4,142.45$37,115$11,886.75$15.4K → GBDC
5$31,779$8,521.13$66,136$26,423.57$34.4K → GBDC
6$53,389$19,385.79$137,257$66,491.44$83.9K → GBDC
7$107,805$50,679.20$341,734$194,868.54$233.9K → GBDC
8$274,591$159,238.89$1,050,788$685,133.02$776.2K → GBDC
9$924,951$631,138.69$4,099,314$2,974,971.01$3.17M → GBDC
10$4,297,869$3,308,171.77$20,775,530$16,389,263.41$16.48M → GBDC

VLBOF vs GBDC: Complete Analysis 2026

VLBOF — Stock

Villeroy & Boch AG is a manufacturer of home furnishing products manufacturer in Germany. Its activities are broadly classified into two segments, The Bathroom and Wellness Division manufactures ceramic sanitary ware, ceramic kitchen sinks, bathroom furniture bathtubs and shower tubs, whirlpools, bath, and kitchen fittings and accessories. Among other things, shower toilets, installation systems, outdoor whirlpools, and accessories complete the product range, and The Dining & Lifestyle Division covers the full range of tableware, glass, and cutlery for the stylish table, as well as home accessories, gifts, and clever-to-go solutions made of porcelain. The company derives a majority of its revenue from the Bathroom and Wellness Division.

Full VLBOF 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.