Golub Capital BDC, Inc.

Golub Capital BDC, Inc.

GBDCยทNASDAQ

$12.90

+0.72%
Financial ServicesAsset Management

Golub Capital BDC, Inc. (GBDC) is a business development company and operates as an externally managed closed-end non-diversified management investment company. It invests in debt and minority equity investments in middle-market companies that are, in most cases, sponsored by private equity investors. It typically invests in diversified consumer services, automobiles, healthcare technology, insurance, health care equipment and supplies, hotels, restaurants and leisure, healthcare providers and services, IT services and specialty retails. It seeks to invest in the United States. It primarily invests in first lien traditional senior debt, first lien one stop, junior debt and equity, senior secured, one stop, unitranche, second lien, subordinated and mezzanine loans of middle-market companies, and warrants.

At a Glance

Live Snapshot
Market Cap$3.36B
EPS1.4200
P/E Ratio9.08
Earnings Date08/03/2026
2.61%
Dividend Yield
10%
3Y+39.0%
5Y+86.0%
10Y+76.0%
0.00%
Dividend Payout Ratio
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
3Y-85.0%
5Y-81.0%
10Y-56.0%
Golub Capital BDC, Inc.

Golub Capital BDC, Inc. Dividend History

GBDC ยท NASDAQ
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

GBDC Dividend Payment History

GBDC ยท NASDAQ

Total Payments

50

Latest Dividend

$0.3300

Annual Amount

$1.4400

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
May 1, 2026
Jun 15, 2026Jun 29, 2026
$0.3300
$0.3300
Quarterly0.00%
Feb 2, 2026
Mar 13, 2026Mar 30, 2026
$0.3300
$0.3300
Quarterly-15.38%
Nov 14, 2025
Dec 12, 2025Dec 30, 2025
$0.3900
$0.3900
Quarterly0.00%
Aug 1, 2025
Sep 15, 2025Sep 29, 2025
$0.3900
$0.3900
Quarterly0.00%
May 2, 2025
Jun 13, 2025Jun 27, 2025
$0.3900
$0.3900
Quarterly0.00%
Feb 4, 2025
Mar 3, 2025Mar 28, 2025
$0.3900
$0.3900
Quarterly0.00%
Nov 14, 2024
Dec 9, 2024Dec 27, 2024
$0.3900
$0.3900
Quarterly+333.33%
Nov 14, 2024
Nov 29, 2024Dec 13, 2024
$0.0900
$0.0900
Quarterly-76.92%
Aug 5, 2024
Aug 30, 2024Sep 27, 2024
$0.3900
$0.3900
Monthly+290.00%
Jun 2, 2024
Aug 16, 2024Sep 13, 2024
$0.1000
$0.1000
Quarterly+100.00%
Jun 2, 2024
Jun 13, 2024Jun 27, 2024
$0.0500
$0.0500
Monthly-87.18%
Apr 19, 2024
May 2, 2024Jun 21, 2024
$0.3900
$0.3900
Quarterly+550.00%
May 3, 2024
May 16, 2024Jun 14, 2024
$0.0600
$0.0600
Quarterly-84.62%
Jan 17, 2024
Mar 1, 2024Mar 29, 2024
$0.3900
$0.3900
Quarterly+457.14%
Feb 2, 2024
Feb 15, 2024Mar 15, 2024
$0.0700
$0.0700
Quarterly-81.08%
Nov 17, 2023
Dec 8, 2023Dec 29, 2023
$0.3700
$0.3700
Quarterly+428.57%
Nov 17, 2023
Dec 1, 2023Dec 15, 2023
$0.0700
$0.0700
Quarterly-81.08%
Aug 7, 2023
Sep 1, 2023Sep 29, 2023
$0.3700
$0.3700
Quarterly+825.00%
Aug 7, 2023
Aug 18, 2023Sep 15, 2023
$0.0400
$0.0400
Quarterly-87.88%
May 5, 2023
Jun 2, 2023Jun 29, 2023
$0.3300
$0.3300
Quarterly0.00%
Feb 8, 2023
Mar 3, 2023Mar 29, 2023
$0.3300
$0.3300
Quarterly0.00%
Nov 18, 2022
Dec 9, 2022Dec 29, 2022
$0.3300
$0.3300
Quarterly+10.00%
Aug 5, 2022
Sep 2, 2022Sep 29, 2022
$0.3000
$0.3000
Quarterly0.00%
May 6, 2022
Jun 3, 2022Jun 29, 2022
$0.3000
$0.3000
Quarterly0.00%
Feb 4, 2022
Mar 4, 2022Mar 29, 2022
$0.3000
$0.3000
Quarterly0.00%
Nov 29, 2021
Dec 10, 2021Dec 30, 2021
$0.3000
$0.3000
Quarterly+3.45%
Aug 9, 2021
Sep 8, 2021Sep 29, 2021
$0.2900
$0.2900
Quarterly0.00%
May 7, 2021
Jun 11, 2021Jun 29, 2021
$0.2900
$0.2900
Quarterly0.00%
Feb 5, 2021
Mar 5, 2021Mar 30, 2021
$0.2900
$0.2900
Quarterly0.00%
Nov 30, 2020
Dec 11, 2020Dec 30, 2020
$0.2900
$0.2900
Quarterly0.00%
Aug 4, 2020
Sep 8, 2020Sep 29, 2020
$0.2900
$0.2900
Quarterly0.00%
Apr 9, 2020
Jun 9, 2020Jun 29, 2020
$0.2900
$0.2900
Quarterly-12.12%
Feb 4, 2020
Mar 6, 2020Mar 27, 2020
$0.3300
$0.3300
Quarterly-28.26%
Nov 22, 2019
Dec 12, 2019Dec 30, 2019
$0.4600
$0.4600
Quarterly+43.75%
Aug 6, 2019
Aug 19, 2019Sep 27, 2019
$0.3200
$0.3200
Quarterly0.00%
May 7, 2019
Jun 7, 2019Jun 28, 2019
$0.3200
$0.3200
Quarterly0.00%
Feb 5, 2019
Mar 7, 2019Mar 28, 2019
$0.3200
$0.3200
Quarterly-27.27%
Nov 27, 2018
Dec 12, 2018Dec 28, 2018
$0.4400
$0.4400
Quarterly+37.50%
Aug 7, 2018
Sep 7, 2018Sep 28, 2018
$0.3200
$0.3200
Quarterly0.00%
May 4, 2018
Jun 8, 2018Jun 28, 2018
$0.3200
$0.3200
Quarterly0.00%
Feb 6, 2018
Mar 8, 2018Mar 30, 2018
$0.3200
$0.3200
Quarterly-15.57%
Nov 17, 2017
Dec 12, 2017Dec 28, 2017
$0.4000
$0.3790
Quarterly+18.44%
Aug 2, 2017
Sep 6, 2017Sep 29, 2017
$0.3200
$0.3200
Quarterly0.00%
N/A
Jun 6, 2017Jun 29, 2017
$0.3200
$0.3200
Quarterly0.00%
Feb 7, 2017
Mar 7, 2017Mar 30, 2017
$0.3200
$0.3200
Quarterly-43.86%
Nov 14, 2016
Dec 12, 2016Dec 29, 2016
$0.5700
$0.5700
Quarterly+78.12%
Aug 3, 2016
Sep 5, 2016Sep 29, 2016
$0.3200
$0.3200
Quarterly0.00%
May 3, 2016
Jun 6, 2016Jun 29, 2016
$0.3200
$0.3200
Quarterly0.00%
Feb 2, 2016
Mar 7, 2016Mar 30, 2016
$0.3200
$0.3200
Quarterly0.00%
Nov 17, 2015
Dec 11, 2015Dec 29, 2015
$0.3200
$0.3200
Quarterly-
gbdc

Golub Capital BDC, Inc. Payout Ratio Analysis

GBDC ยท NASDAQ
Dividends Paid
-368.21M
2025
Net Income
376.13M
2025
Payout Ratio
97.89%
2025

Dividend Sustainability Analysis

Payout Ratio
97.89%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
-324.1%

Negative free cash flow while paying dividends is a major red flag. Company burning cash and cannot sustain dividend without external financing.

Dividend Growth
-8.9%

Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.

Sustainability
Fair

Dividend sustainability questionable. Monitor closely for signs of stress. Consider whether yield justifies the risk.