SmarterDividends
GSBD

Goldman Sachs BDC, Inc.

GSBD

Financial Services · Asset Management · Stock · quarterly payer

$8.71

Undervalued · +63% Add to Portfolio

Forward Yield

16.19%

Annual Dividend

$1.41

Payout Ratio

265%

5-Yr Growth

-9.8%

Ex-Date

Sep 30, 2026

Frequency

Quarterly

Key facts about GSBD's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 23, 2026, Goldman Sachs BDC, Inc. (GSBD) has a forward dividend yield of 16.19%, based on an annual dividend of $1.41 per share and a share price of $8.71.
  • As of Oct 23, 2026, GSBD's dividend safety grade from SmarterDividends is D (47 out of 100), which rates the dividend as unsafe.
  • GSBD last cut its regular dividend in 2025.
  • GSBD's most recent ex-dividend date was Sep 30, 2026, for a dividend of $0.32 per share.
  • As of Oct 23, 2026, GSBD pays out 265% of its trailing 12-month earnings as dividends (its payout ratio).
  • GSBD's dividend has shrunk at an average rate of 9.8% a year over the past five years.
  • As of Oct 23, 2026, GSBD's 16.19% yield is 29% above its five-year average yield of 12.56%.
  • As of Oct 23, 2026, SmarterDividends' blended fair-value estimate for GSBD is $14.22 per share, 63% above the $8.71 share price, so GSBD screens as undervalued.
  • Goldman Sachs BDC, Inc. (GSBD) pays its dividend quarterly, 4 times a year.
  • Goldman Sachs BDC, Inc. (GSBD) has raised its regular dividend 2 times and cut it 1 time across the 54 payments on record since 2015. Its most recent change was a 700.0% increase to $0.320 per share, going ex-dividend on Dec 31, 2025. The last cut went ex-dividend on Nov 28, 2025.
Cite this page

SmarterDividends, "GSBD Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 23, 2026, https://smarterdividends.com/stocks/GSBD

Summary

As of Oct 23, 2026, Goldman Sachs BDC, Inc. (GSBD) yields 16.19% ($1.41 a year per share) and has a dividend safety grade of D (47/100).

Is GSBD a good dividend stock?

Mixed

Goldman Sachs BDC, Inc. (GSBD) pays a quarterly dividend yielding 16.19% ($1.41/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2025
    • Elevated payout ratio (265%)
    • Dividend has been shrinking, not growing
    • 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
    16.19%
    Payout Ratio
    265%
    Annual Dividend
    $1.41
    5-Yr Avg Growth
    -9.8%
    Ex-Dividend Date
    Sep 30, 2026
    Years of Growth
    0
    Frequency
    quarterly
    Beta
    0.68
    Market Cap
    $980.5M
    P/E Ratio
    16.8
    5-Yr Total Return
    -54%
    52-Week Range
    $8.36 – $10.38
    Dividend Safety
    D · 47/100
    Ever Cut?
    Yes (2025)

    GSBD dividend raises and cuts

    Goldman Sachs BDC, Inc. (GSBD) has raised its regular dividend 2 times and cut it 1 time across the 54 payments on record since 2015. Its most recent change was a 700.0% increase to $0.320 per share, going ex-dividend on Dec 31, 2025. The last cut went ex-dividend on Nov 28, 2025.

    Ex-dateChangeOld → newMove
    Dec 31, 2025Raise$0.0400 → $0.320+700.0%
    Nov 28, 2025Cut$0.480 → $0.0400−91.7%
    Mar 31, 2025Raise$0.450 → $0.480+6.7%
    Every GSBD payment →Download every raise and cut (CSV)
    GSBD ex-dividend date & scheduleNext ex-date Sep 30, 2026 · full ex-dividend historyView →GSBD dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is GSBD a good dividend stock?

    Mixed. Goldman Sachs BDC, Inc. (GSBD) pays a quarterly dividend yielding 16.19% ($1.41/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

    Is GSBD undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, GSBD's fair value is about $14.22 versus a $8.71 share price — so it looks undervalued (+63% vs. fair value).

    Is GSBD's dividend safe?

    GSBD has a dividend-safety grade of D (47/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

    What is GSBD's fair value?

    Our blended fair-value estimate for GSBD is about $14.22 per share, roughly 63% above the current $8.71 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is GSBD a buy, hold, or sell?

    We don't issue formal ratings, but on the data GSBD screens as "mixed" and undervalued. Goldman Sachs BDC, Inc. (GSBD) pays a quarterly dividend yielding 16.19% ($1.41/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

    Will GSBD cut its dividend?

    GSBD earns a dividend-safety grade of D (47/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does GSBD pay a dividend?

    Yes. Goldman Sachs BDC, Inc. pays a quarterly dividend of about $1.41 per share annually, a forward yield of roughly 16.19%.

    What is GSBD's dividend yield?

    As of Oct 23, 2026, GSBD's forward dividend yield is 16.19%, based on a $1.41 annual dividend and a $8.71 share price.

    What is GSBD's dividend per share?

    As of Oct 23, 2026, GSBD pays $1.41 per share per year, distributed on a quarterly basis.

    What is GSBD's dividend payout ratio?

    As of Oct 23, 2026, GSBD's payout ratio is 265% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has GSBD grown its dividend?

    GSBD does not currently have a long dividend-growth streak on record.

    When is the next GSBD ex-dividend date?

    As of Oct 23, 2026, GSBD's next ex-dividend date hasn't been announced. The most recent was Sep 30, 2026, for $0.32 per share.

    GSBD Dividend News

    GSBD
    SpecialGSBD·Oct 1, 2026

    Goldman Sachs BDC Pays $0.32 Base Dividend After $0.03 Supplement

    GSBD's latest $0.32 base dividend follows a $0.03 supplemental payment, while a 265% earnings payout ratio keeps coverage in focus for investors.

    Income Calculator

    At $1.41 / yr per share

    Per payment (quarterly)$35.25
    Annual$141.00
    Monthly avg$11.75

    Similar Dividend Stocks

    JPMJPMJPMorgan Chase & Co.1.96%Financial ServicesVVVisa Inc.0.65%Financial ServicesMAMAMastercard Incorporated0.55%Financial ServicesBACBACBank of America Corporation2.51%Financial Services

    Compare GSBD

    GSBD vs JPMGSBD vs VGSBD vs MAGSBD vs BAC

    Explore more

    Lists and tools related to GSBD