GBDC dividend analysis

GBDC dividend deep dive

GBDC pays a trailing-twelve-month yield of 4.50%, with a payout ratio of 55% of earnings. The yield band reads mid-yield, and the company has compounded the distribution at 7.5% per year over the past five.

On the safety line, GBDC scores 58/100. The metric is built from the Quality pillar (60/100) with a payout-ratio adjustment; the band is watchlist and the practical implication is the distribution is data-dependent and worth a closer read on the next 10-Q.

On the simple DRIP framework, GBDC's 4.50% yield growing at 7.5% per year compounds to roughly 26.6% (5y), 60.4% (10y), and 157.2% (20y) cumulative income return.

Three peers for GBDC: KO (5.00%), PG (1.50%), PEP (2.90%). Average yield 3.13% versus 4.50% on the name. The active question on relative income is whether the gap is justified by the underlying Quality and Risk pillar reads.

GBDC dividend schedule: most recent ex-date 2026-03-01, payment 2026-03-15. The forward path depends on whether management raises the next declaration; the 46-year growth streak makes the directional read straightforward.

Wrap-up on GBDC for income allocators: 4.50% TTM yield is the entry, 7.5% the growth, 58/100 the safety. The next 10-Q's free-cash-flow line is the practical leading indicator on the next hike.