Overview Dividends

GBDC Dividend History & Analysis | 11.3% Yield

GBDC has a dividend yield of 11.3% and paid 1.56 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 11.34%
Dividends per Share 12m 1.56
Dividend Growth Rate CAGR 5y 11.28%
Overall Dividend Rating 83.80%
Yield on Cost 5y 18.51%
Payout Ratio 104.0%
Payouts in the last 12m 4
Payout Consistency 5y 38.65%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Number of Payouts Yearly This chart shows the number of dividend payouts per year. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over the last 5 years in one graph. The price axis is on the left and the dividend yield axis is on the right.
Total Return 12m: 1.8% (S&P 500: 14.2%)
Total Return 5y: 63.2% (S&P 500: 100.6%)

Top Dividend Payers in Asset Management & Custody Banks

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
ECC 826 M 38.0% 53.4%
OCCI 136 M 35.3% 33.2%
OXSQ 159 M 30.3% 36.1%
MSIF 665 M 15.8% 61.9%
OXLC 1,413 M 29.4% 34.0%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate (CAGR) Payout Consistency
MSIF 665 M 261% 100%
FSCO 1,254 M 179% 87.5%
OWL 26,059 M 73.6% 100%
VCTR 4,191 M 61.3% 100%
FBRT 862 M 70.8% 98.0%

Similar Stocks with Attractive Dividends - Compare GBDC Dividends with its Peer-Group

WDI
Western Asset
 15.81% Yield
BCAT
BlackRock Capital
 23.32% Yield
NXG
NXG NextGen
 13.88% Yield
GLAD
Gladstone Capital
 10.26% Yield
MAIN
Main Street Capital
 8.56% Yield
BCSF
Bain Capital Specialty
 15.52% Yield

GBDC Dividend History: Last 50 Payments (USD) as of December 2025

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2025-12-12 2025-12-12 2025-12-30 Quarterly 0.39 0% 2.8%
2025-09-15 2025-09-15 2025-09-29 Quarterly 0.39 0% 2.7%
2025-06-13 2025-06-13 2025-06-27 Quarterly 0.39 0% 2.62%
2025-03-03 2025-03-03 2025-03-28 Quarterly 0.39 0% 2.54%
2024-12-09 2024-12-09 2024-12-27 Quarterly 0.39 680% 2.57%
2024-11-29 2024-11-29 2024-12-13 Other 0.05 -87.2% 0.32%
2024-08-30 2024-08-30 2024-09-27 Quarterly 0.39 680% 2.65%
2024-08-16 2024-08-16 2024-09-13 Other 0.05 0% 0.34%
2024-06-13 2024-06-13 2024-06-27 Other 0.05 -16.7% 0.32%
2024-05-15 2024-05-16 2024-06-14 Other 0.06 -84.6% 0.36%
2024-05-01 2024-05-02 2024-06-21 Quarterly 0.39 0% 2.29%
2024-02-29 2024-03-01 2024-03-29 Quarterly 0.39 457.1% 2.51%
2024-02-14 2024-02-15 2024-03-15 Other 0.07 -81.1% 0.46%
2023-12-07 2023-12-08 2023-12-29 Quarterly 0.37 428.6% 2.54%
2023-11-30 2023-12-01 2023-12-15 Other 0.07 -81.1% 0.47%
2023-08-31 2023-09-01 2023-09-29 Quarterly 0.37 825% 2.56%
2023-08-17 2023-08-18 2023-09-15 Other 0.04 -87.9% 0.27%
2023-06-01 2023-06-02 2023-06-29 Quarterly 0.33 0% 2.55%
2023-03-02 2023-03-03 2023-03-29 Quarterly 0.33 0% 2.43%
2022-12-08 2022-12-09 2022-12-29 Quarterly 0.33 10% 2.52%
2022-09-01 2022-09-02 2022-09-29 Quarterly 0.3 0% 2.21%
2022-06-02 2022-06-03 2022-06-29 Quarterly 0.3 0% 2.16%
2022-03-03 2022-03-04 2022-03-29 Quarterly 0.3 0% 1.94%
2021-12-09 2021-12-10 2021-12-30 Quarterly 0.3 3.4% 1.99%
2021-09-07 2021-09-08 2021-09-29 Quarterly 0.29 0% 1.87%
2021-06-10 2021-06-11 2021-06-29 Quarterly 0.29 0% 1.84%
2021-03-04 2021-03-05 2021-03-30 Quarterly 0.29 0% 1.9%
2020-12-10 2020-12-11 2020-12-30 Quarterly 0.29 0% N/A
2020-09-04 2020-09-08 2020-09-29 Quarterly 0.29 0% N/A
2020-06-08 2020-06-09 2020-06-29 Quarterly 0.29 -12.1% N/A
2020-03-05 2020-03-06 2020-03-27 Quarterly 0.33 0% N/A
2019-12-11 2019-12-12 2019-12-30 Quarterly 0.33 3.1% N/A
2019-08-16 2019-08-19 2019-09-27 Quarterly 0.32 0% N/A
2019-06-06 2019-06-07 2019-06-28 Quarterly 0.32 0% N/A
2019-03-06 2019-03-07 2019-03-28 Quarterly 0.32 -27.3% N/A
2018-12-11 2018-12-12 2018-12-28 Quarterly 0.44 37.5% N/A
2018-09-06 2018-09-07 2018-09-28 Quarterly 0.32 0% N/A
2018-06-07 2018-06-08 2018-06-28 Quarterly 0.32 0% N/A
2018-03-07 2018-03-08 2018-03-30 Quarterly 0.32 -20% N/A
2017-12-11 2017-12-12 2017-12-28 Quarterly 0.4 25% N/A
2017-09-01 2017-09-06 2017-09-29 Quarterly 0.32 0% N/A
2017-06-02 2017-06-06 2017-06-29 Quarterly 0.32 0% N/A
2017-03-03 2017-03-07 2017-03-30 Quarterly 0.32 -43.9% N/A
2016-12-08 2016-12-12 2016-12-29 Quarterly 0.57 78.1% N/A
2016-08-31 2016-09-05 2016-09-29 Quarterly 0.32 0% N/A
2016-06-02 2016-06-06 2016-06-29 Quarterly 0.32 0% N/A
2016-03-03 2016-03-07 2016-03-30 Quarterly 0.32 0% N/A
2015-12-09 2015-12-11 2015-12-29 Quarterly 0.32 0% N/A
2015-09-02 2015-09-07 2015-09-29 Quarterly 0.32 0% N/A
2015-06-16 2015-06-18 2015-06-29 Quarterly 0.32 0% N/A

GBDC Dividend FAQ

Golub Capital BDC, Inc. (NASDAQ: GBDC) is an externally-managed, closed-end business development company that focuses on debt and minority-equity investments in U.S. middle-market firms, many of which are backed by private-equity sponsors.

What is the Dividend Yield of GBDC?

As of December 2025, GBDC`s dividend yield is 11.34%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.56 USD by the current share price of 13.76.

Does GBDC pay a dividend?

As of December 2025, GBDC paid a dividend of 1.56 USD in the last 12 months. The last dividend was paid on 2025-12-12 and the payout was 0.39 USD.

How often does GBDC pay dividends?

GBDC pays dividends quarterly. Over the last 12 months, GBDC has issued 4 dividend payments. The last dividend payment was made on 2025-12-12.

GBDC dividend forecast

Based on historical data, the forecasted dividends per share for GBDC for the next 4 payments are between 0.25 (-35.9%) and 0.297 (-23.8%).
This represents a significant dividend cut compared to the last payment.

Will GBDC pay dividends in 2025?

The latest dividend paid per share was 0.39 USD with an Ex-Dividend Date of 2025-12-12. The next Ex-Dividend date for Golub Capital BDC (GBDC) is currently unknown.

What is the next Ex-Dividend Date for GBDC?

The next Ex-Dividend date for Golub Capital BDC (GBDC) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of GBDC?

GBDC's average dividend growth rate over the past 5 years is 11.3% per year.
Strong growth: GBDC's Dividend growth is outpacing inflation.

What is the Yield on Cost of GBDC?

GBDC's 5-Year Yield on Cost is 18.5%. If you bought GBDC's shares at 8.43 USD five years ago, your current annual dividend income (1.56 USD per share, trailing 12 months) equals 18.5% of your original purchase price.

What is the Payout Consistency of GBDC?

GBDC Payout Consistency is 95.8%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: Golub Capital BDC has a strong track record of consistent dividend payments over its lifetime.

Does GBDC have a good Dividend Yield?

GBDC`s 11.34% Dividend Yield is considered as very high. This is usually only sustainable for REITs, Asset Managements, MLPs or Covered Call ETFs.

What is the Dividend Payout Ratio of GBDC?

The Dividend Payout Ratio of GBDC is 104.0%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.

What is the Dividend Rating of GBDC?

GBDC`s Overall Dividend Rating is 83.80%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

Key Metric Definitions

  • Dividend Yield: Annual dividend per share divided by current share price.
  • Dividend Growth Rate: Compound annual growth rate of annual dividend per share over the last 5 years.
  • Payout Ratio: Percentage of earnings paid as dividends (TTM).
  • Payout Consistency: % of eligible periods with uninterrupted or increased dividends, measured over the entire lifetime of the stock or fund.
  • Payout Frequency: Number of dividends paid in the last 12m (TTM).
  • Overall Dividend Rating: Proprietary composite score, quantified on a scale from 0 to +100. Ratings surpassing 70 are regarded as favorable, while those exceeding 85 are strong.
  • Total Return: Price appreciation plus dividends over specified period.
  • Market Cap: Figures are in millions of the corresponding currency.

Last update: 2025-12-13 02:43