Goldman Sachs BDC, Inc.
GSBDFinancial Services · Asset Management · Stock · quarterly payer
Forward Yield
16.13%
Annual Dividend
$1.28
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 14, 2026, Goldman Sachs BDC, Inc. (GSBD) has a forward dividend yield of 16.13%, based on an annual dividend of $1.28 per share and a share price of $8.74.
- As of Oct 14, 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 14, 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 14, 2026, GSBD's 16.13% yield is 28% above its five-year average yield of 12.56%.
- As of Oct 14, 2026, SmarterDividends' blended fair-value estimate for GSBD is $14.22 per share, 63% above the $8.74 share price, so GSBD screens as undervalued.
- Goldman Sachs BDC, Inc. (GSBD) pays its dividend quarterly, 4 times a year.
Cite this page
SmarterDividends, "GSBD Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 14, 2026, https://smarterdividends.com/stocks/GSBD
Summary
As of Oct 14, 2026, Goldman Sachs BDC, Inc. (GSBD) yields 16.13% ($1.28 a year per share) and has a dividend safety grade of D (47/100).
Is GSBD a good dividend stock?
MixedGoldman Sachs BDC, Inc. (GSBD) pays a quarterly dividend yielding 16.13% ($1.28/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
- 16.13%
- Payout Ratio
- 265%
- Annual Dividend
- $1.28
- 5-Yr Avg Growth
- -9.8%
- Ex-Dividend Date
- Sep 30, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.68
- Market Cap
- $983.9M
- 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)
Frequently Asked Questions
Is GSBD a good dividend stock?
Mixed. Goldman Sachs BDC, Inc. (GSBD) pays a quarterly dividend yielding 16.13% ($1.28/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 $8.74 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 $8.74 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 16.13% ($1.28/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 $1.28 per share annually, a forward yield of roughly 16.13%.
What is GSBD's dividend yield?
As of Oct 14, 2026, GSBD's forward dividend yield is 16.13%, based on a $1.28 annual dividend and a $8.74 share price.
What is GSBD's dividend per share?
As of Oct 14, 2026, GSBD pays $1.28 per share per year, distributed on a quarterly basis.
What is GSBD's dividend payout ratio?
As of Oct 14, 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 14, 2026, GSBD's next ex-dividend date hasn't been announced. The most recent was Sep 30, 2026, for $0.32 per share.
GSBD Price — Last 12 Months
Daily close
Price Return
1 Year
-12%
3 Years
-36%
5 Years
-54%
52-Week Range
$8.36 – $10.38
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is GSBD worth?
Undervaluedlow confidenceOur blended fair-value estimate for Goldman Sachs BDC, Inc. is $14.22 per share, versus a market price of $8.74. That implies 63% of upside — a margin of safety of about 39%.
Fair Value
$14.22
Current Price
$8.74
Upside
+63%
Margin of Safety
39%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.0% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, $0.52 EPS, $1.41 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
GSBD Dividend Safety Score
Risky
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
Dividend History
Full GSBD dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 30, 2026 | Oct 28, 2026 | $0.3200 | regular |
| Aug 31, 2026 | Sep 15, 2026 | $0.0300 | regular |
| Jun 30, 2026 | Jul 28, 2026 | $0.3200 | regular |
| Mar 31, 2026 | Apr 28, 2026 | $0.3200 | regular |
| Mar 9, 2026 | Mar 20, 2026 | $0.0300 | regular |
| Dec 31, 2025 | Jan 27, 2026 | $0.3200 | regular |
| Nov 28, 2025 | Dec 15, 2025 | $0.0400 | regular |
| Sep 30, 2025 | Oct 28, 2025 | $0.4800 | regular |
| Aug 29, 2025 | Sep 15, 2025 | $0.0300 | regular |
| Jun 30, 2025 | Jul 28, 2025 | $0.4800 | regular |
| May 30, 2025 | Jun 13, 2025 | $0.0500 | regular |
| Mar 31, 2025 | Apr 28, 2025 | $0.4800 | regular |
| Dec 31, 2024 | Jan 27, 2025 | $0.4500 | regular |
| Sep 30, 2024 | Oct 28, 2024 | $0.4500 | regular |
Income Calculator
At $1.28 / yr per share
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