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VLD vs GBDC: Dividend Comparison 2026

VLD yields 156.25% · GBDC yields 11.86%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 VLD wins by $9.95M in total portfolio value
10 years
VLD
VLD
● Live price
156.25%
Share price
$1.28
Annual div
$2.00
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$30.80M
Annual income
$13,635,610.34
Full VLD 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 — VLD vs GBDC

📍 VLD 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 PeriodVLDGBDC
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, VLD + GBDC cover 0 of 12 monthsgood coverage

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

Tax Bracket Optimizer

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

VLD
Annual income on $10K today (after 15% tax)
$13,281.25/yr
After 10yr DRIP, annual income (after tax)
$11,590,268.79/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, GBDC beats the other by $2,392,854.97/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 VLD + GBDC for your $10,000?

VLD: 50%GBDC: 50%
100% GBDC50/50100% VLD
Portfolio after 10yr
$25.83M
Annual income
$15,043,172.09/yr
Blended yield
58.25%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

VLD
No analyst data
Altman Z
-6.4
Piotroski
3/9
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)

VLD buys
0
GBDC buys
0
No recent congressional trades found for VLD or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricVLDGBDC
Forward yield156.25%11.86%
Annual dividend / share$2.00$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR0%51.1%
Portfolio after 10y$30.80M$20.85M
Annual income after 10y$13,635,610.34$16,450,733.83
Total dividends collected$28.59M$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearVLD PortfolioVLD Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$26,325$15,625.00$12,492$1,791.70+$13.8KVLD
2$66,610$38,441.88$16,527$3,160.58+$50.1KVLD
3$162,178$90,905.36$23,588$5,904.90+$138.6KVLD
4$380,382$206,852.01$37,141$11,901.65+$343.2KVLD
5$860,433$453,424.52$66,205$26,463.38+$794.2KVLD
6$1,879,222$958,557.98$137,452$66,612.65+$1.74MVLD
7$3,967,337$1,956,569.93$342,372$195,298.53+$3.62MVLD
8$8,105,454$3,860,403.41$1,053,292$686,954.33+$7.05MVLD
9$16,043,849$7,371,012.67$4,111,439$2,984,416.95+$11.93MVLD
10$30,802,528$13,635,610.34$20,849,974$16,450,733.83+$9.95MVLD

VLD vs GBDC: Complete Analysis 2026

VLDStock

Velo3D, Inc. produces metal additive three dimensional printers in the United States and internationally. The company's printers enable the production of components for space rockets, jet engines, fuel delivery systems, and other high value metal parts, which it sells or leases to customers for use in their businesses. It offers Flow, a proprietary software platform, which scans part designs for geometrical features; Sapphire and Sapphire XC printers; Assure, a quality control system software platform that includes process metrologies; and Intelligent Fusion, an underlying manufacturing process that unifies and manages the information flow, sensor data from approximately 950 sensors, and the advanced printing technology for precision control of the entire print. The company also provides support services. Its customers range from small- and medium-sized enterprises to Fortune 500 companies in the space, aviation, defense, energy, and industrial markets. The company was founded in 2014 and is headquartered in Campbell, California.

Full VLD 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.