GBDC Dividend History & Yield

Golub Capital BDC, Inc. · NasdaqGS

Stock Financial Services Quarterly payer BDCHigh yield
$12.12
-0.57% today
as of Oct 24, 2026
TTM yield
11.39%
$1.38/share over the last 12 months
Forward yield
10.89%
$1.32/share indicated annual rate
Annual dividend
$1.32
per share, forward
Per payment
$0.33
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Dec 14, 2026 Estimated
in 50 days
Next pay date
Dec 30, 2026
in 66 days
Last ex-dividend date
Sep 14, 2026
$0.33 per share
Payout ratio
218%
of earnings
Market cap
3.1B
P/E 18.4
5y dividend CAGR
+3.5%
annualised, regular payments
Growth streak
0 yrs
no current streak
Years paying
16.4
since Jun 18, 2010
1y total return
-1.4%
price -11.5% + dividends 10.1%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Mon, Dec 14, 2026 (in 50 days) Dec 30, 2026 $0.33 $33.00 Estimated
Mon, Mar 15, 2027 (in 141 days) Mar 31, 2027 $0.33 $33.00 Estimated
Mon, Jun 14, 2027 (in 232 days) Jun 30, 2027 $0.33 $33.00 Estimated
Mon, Sep 13, 2027 (in 323 days) Sep 29, 2027 $0.33 $33.00 Estimated

Estimated dates and amounts are projected from GBDC's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $1.32 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Sep 6, 2018 to Sep 14, 2026; most recent $0.33$0.00$0.25$0.50Sep 6, 2018: $0.3134Sep '18Dec 11, 2018: $0.4309Mar 6, 2019: $0.3134Jun 6, 2019: $0.3134Aug 16, 2019: $0.3134Dec 11, 2019: $0.4505Dec '19Mar 5, 2020: $0.3232Jun 8, 2020: $0.29Sep 4, 2020: $0.29Dec 10, 2020: $0.29Mar 4, 2021: $0.29Mar '21Jun 10, 2021: $0.29Sep 7, 2021: $0.29Dec 9, 2021: $0.30Mar 3, 2022: $0.30Jun 2, 2022: $0.30Jun '22Sep 1, 2022: $0.30Dec 8, 2022: $0.33Mar 2, 2023: $0.33Jun 1, 2023: $0.33Aug 17, 2023: $0.04Aug '23Aug 31, 2023: $0.37Nov 30, 2023: $0.07Dec 7, 2023: $0.37Feb 14, 2024: $0.07Feb 29, 2024: $0.39Feb '24May 1, 2024: $0.39May 15, 2024: $0.06Jun 13, 2024: $0.05Aug 16, 2024: $0.10Aug 30, 2024: $0.39Aug '24Nov 29, 2024: $0.09Dec 9, 2024: $0.39Mar 3, 2025: $0.39Jun 13, 2025: $0.39Sep 15, 2025: $0.39Sep '25Dec 12, 2025: $0.39Mar 13, 2026: $0.33Jun 15, 2026: $0.33Sep 14, 2026: $0.33

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$1.25$2.502017: $1.332$1.33220172018: $1.3712$1.371220182019: $1.3908$1.390820192020: $1.1932$1.193220202021: $1.17$1.1720212022: $1.23$1.2320222023: $1.51$1.5120232024: $1.93$1.9320242025: $1.56$1.5620252026 (YTD): $0.99$0.992026 YTD

How much GBDC do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month910$11,018$1,200
$500 / month4,546$55,091$6,000
$1,000 / month9,091$110,182$12,000

Based on the forward yield of 10.89%. $10,000 in GBDC would currently pay about $1,089 a year ($91 a month on average). Model reinvestment and growth →

GBDC dividend history

Ex-datePay dateAmountChange
Sep 14, 2026 Sep 29, 2026 $0.33 +0.0%
Jun 15, 2026 Jun 29, 2026 $0.33 +0.0%
Mar 13, 2026 Mar 30, 2026 $0.33 -15.4%
Dec 12, 2025 Dec 30, 2025 $0.39 +0.0%
Sep 15, 2025 Sep 29, 2025 $0.39 +0.0%
Jun 13, 2025 Jun 27, 2025 $0.39 +0.0%
Mar 3, 2025 Mar 28, 2025 $0.39 +0.0%
Dec 9, 2024 Dec 27, 2024 $0.39 +333.3%
Nov 29, 2024 Dec 13, 2024 $0.09 -76.9%
Aug 30, 2024 Sep 27, 2024 $0.39 +290.0%
Aug 16, 2024 Sep 13, 2024 $0.10 +100.0%
Jun 13, 2024 Jun 27, 2024 $0.05 -16.7%
May 15, 2024 Jun 14, 2024 $0.06 -84.6%
May 1, 2024 Jun 21, 2024 $0.39 +0.0%
Feb 29, 2024 Mar 29, 2024 $0.39 +457.1%
Feb 14, 2024 Mar 15, 2024 $0.07 -81.1%
Dec 7, 2023 Dec 29, 2023 $0.37 +428.6%
Nov 30, 2023 Dec 15, 2023 $0.07 -81.1%
Aug 31, 2023 Sep 29, 2023 $0.37 +825.0%
Aug 17, 2023 Sep 15, 2023 $0.04 -87.9%
Jun 1, 2023 Jun 29, 2023 $0.33 +0.0%
Mar 2, 2023 Mar 29, 2023 $0.33 +0.0%
Dec 8, 2022 Dec 29, 2022 $0.33 +10.0%
Sep 1, 2022 Sep 29, 2022 $0.30 +0.0%

Payout risk check

Yield-trap heuristicElevated risk

GBDC scores 65/100 on our yield-trap heuristic (elevated risk).

3 warning flags raised:

  • Payout ratio above 100% of earnings
  • Yield above 7%
  • Payment was cut within the last 5 years

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Golub Capital BDC, Inc.

Golub Capital BDC, Inc. (GBDC) is a Private Debt, 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.

Sector: Financial Services. Industry: Asset Management. First dividend on our records: Jun 18, 2010. 73 payments tracked. Data last refreshed Oct 24, 2026. Spotted a mistake? Report it and we'll fix it.

GBDC dividend FAQ

When is GBDC's next ex-dividend date?

GBDC's next ex-dividend date is Dec 14, 2026 (in 50 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.33 per share, expected on Dec 30, 2026.

How often does GBDC pay dividends?

GBDC pays dividends every quarter, 4 times a year. The most recent payment was $0.33 per share with an ex-date of Sep 14, 2026.

What is GBDC's dividend yield?

GBDC's trailing 12-month dividend yield is 11.39%, based on $1.38 per share paid over the last year and a share price of $12.12. The forward yield, using the indicated annual rate of $1.32 per share, is 10.89%.

How much does GBDC pay per share?

GBDC pays about $0.33 per share each quarter, which works out to roughly $1.32 per share a year. 100 shares would collect about $132.00 a year.

Has GBDC grown or cut its dividend?

Over the last 5 years the regular payout has grown at 3.5% a year (-16.4% over the last year). GBDC did cut a regular payment within the last 5 years.

How many shares of GBDC do I need to earn $100 a month?

At the current forward yield of 10.89%, you would need about 910 shares of GBDC (roughly $11,018 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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