GBDC vs JPM: Which Is the Better Dividend Stock?
As of Oct 18, 2026, JPM (JPMorgan Chase & Co.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. GBDC offers the higher yield at 10.89%, JPM has the higher dividend-safety score, and GBDC looks like the better value (its fair-value estimate is 15% above its share price).
Key facts: GBDC vs JPM
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Golub Capital BDC, Inc. (GBDC) has the higher forward dividend yield at 10.89%, versus 1.94% for JPMorgan Chase & Co. (JPM).
- As of Oct 18, 2026, SmarterDividends grades GBDC's dividend safety D (41/100) and JPM's A (82/100).
- By SmarterDividends' count as of Oct 18, 2026, GBDC has raised its dividend for 1 consecutive years and JPM for 15.
- As of Oct 18, 2026, GBDC pays out 218% of its earnings as dividends and JPM pays out 26%.
- As of Oct 18, 2026, GBDC's fair-value estimate is 15% above its share price and JPM's fair-value estimate is 7% above its share price, so GBDC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "GBDC vs JPM: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/gbdc-vs-jpm
| Metric | GBDC | JPM |
|---|---|---|
| Forward yield | 10.89% | 1.94% |
| Annual dividend | $1.32 | $6.60 |
| Payout ratio | 218% | 26% |
| Years of growth | 1 yr | 15 yr |
| 5-yr dividend growth | 5.5% | 9.0% |
| 5-yr total return | -20% | 114% |
| Dividend safety score | 41 (D) | 82 (A) |
| Fair value estimate | $13.93 | $364.60 |
| Upside to fair value | +15% | +7% |
| Frequency | quarterly | quarterly |
| Market cap | $3.1B | $902.2B |
| P/E ratio | 18.4 | 14.3 |
Higher yield
GBDC
10.89%
Safer dividend
JPM
Grade A
Faster growth
JPM
9.0%
Better value
GBDC
+15% upside
GBDC vs JPM — FAQ
Is GBDC or JPM a better dividend stock?
On the data, JPM wins more head-to-head categories (6 vs 2). GBDC offers the higher yield (10.89%), while JPM has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, GBDC or JPM?
GBDC has the higher forward dividend yield at 10.89%, versus 1.94% for JPM.
Is GBDC or JPM safer?
JPM has the higher dividend-safety score (82/100 vs 41/100), reflecting stronger payout coverage and dividend-growth history.
Is GBDC or JPM better value right now?
As of Oct 18, 2026, GBDC looks like the better value: its fair-value estimate is 15% above its share price (fairly valued). For JPM, its fair-value estimate is 7% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.