Golub Capital BDC, Inc.
GBDCFinancial Services · Stock · quarterly payer
$13.19
Add to PortfolioForward Yield
10.92%
Annual Dividend
$1.44
Payout Ratio
195%
5-Yr Growth
6.1%
Ex-Date
Jun 15, 2026
Frequency
Quarterly
GBDC Dividend Safety Score
40/ 100
Grade D
Risky
Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage195% of earnings paid out
Free-cash-flow coverage126% of free cash flow
Balance-sheet strengthDebt/equity of 1.25
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is GBDC a good dividend stock?
Higher riskGolub Capital BDC, Inc. (GBDC) pays a quarterly dividend yielding 10.92% ($1.44/yr), with 1 year of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk.
Advantages
- Strong 6.1% 5-yr dividend growth
Risks
- Cut its dividend in 2023
- Elevated payout ratio (195%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 10.92%
- Payout Ratio
- 195%
- Annual Dividend
- $1.44
- 5-Yr Avg Growth
- 6.1%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 1
- Frequency
- quarterly
- Beta
- 0.42
- Market Cap
- $3.4B
- P/E Ratio
- 17.1
- 5-Yr Total Return
- -15%
- 52-Week Range
- $11.77 – $15.63
- Dividend Safety
- D · 40/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 13, 2026 | — | $0.3300 | regular |
| Dec 12, 2025 | — | $0.3900 | regular |
| Sep 15, 2025 | — | $0.3900 | regular |
| Jun 13, 2025 | — | $0.3900 | regular |
| Mar 3, 2025 | — | $0.3900 | regular |
| Dec 9, 2024 | — | $0.3900 | regular |
| Nov 29, 2024 | — | $0.0900 | regular |
| Aug 30, 2024 | — | $0.3900 | regular |
| Aug 16, 2024 | — | $0.1000 | regular |
| Jun 13, 2024 | — | $0.0500 | regular |
| May 15, 2024 | — | $0.0600 | regular |
| May 1, 2024 | — | $0.3900 | regular |
| Feb 29, 2024 | — | $0.3900 | regular |
| Feb 14, 2024 | — | $0.0700 | regular |
Income Calculator
At $1.44 / yr per share
Per payment (quarterly)$36.00
Annual$144.00
Monthly avg$12.00
