Golub Capital BDC, Inc. (GBDC)
| Market Cap | 3.61B |
| Revenue (ttm) | 870.78M |
| Net Income (ttm) | 376.65M |
| Shares Out | 263.47M |
| EPS (ttm) | 1.42 |
| PE Ratio | 9.67 |
| Forward PE | 9.54 |
| Dividend | $1.56 (11.40%) |
| Ex-Dividend Date | Dec 12, 2025 |
| Volume | 1,878,289 |
| Open | 13.84 |
| Previous Close | 13.81 |
| Day's Range | 13.61 - 13.91 |
| 52-Week Range | 12.68 - 16.01 |
| Beta | 0.44 |
| Analysts | Strong Buy |
| Price Target | 14.83 (+8.33%) |
| Earnings Date | Feb 4, 2026 |
About GBDC
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 see... [Read more]
Financial Performance
In 2025, Golub Capital BDC's revenue was $870.78 million, an increase of 20.16% compared to the previous year's $724.68 million. Earnings were $376.65 million, an increase of 37.57%.
Financial StatementsAnalyst Summary
According to 3 analysts, the average rating for GBDC stock is "Strong Buy." The 12-month stock price target is $14.83, which is an increase of 8.33% from the latest price.
News
Golub Capital BDC, Inc. Schedules Release of Fiscal Year 2026 First Quarter Results
NEW YORK--(BUSINESS WIRE)--Golub Capital BDC, Inc., a business development company (NASDAQ: GBDC, www.golubcapitalbdc.com), announced today that it will report its financial results for the quarter en...
Golub Capital: Why I Believe A 25%-35% Dividend Cut Is Coming (Rating Downgrade)
Golub Capital BDC faces near-term risk of a 25–35% dividend cut, prompting a downgrade from hold to sell. GBDC's dividend coverage has tightened, with FY NII of $1.56 below the $1.65 paid in dividends...
The Chart That Answers Your Question About BDC Dividend Cuts
Investors have started to question how sustainable BDC dividends are. A lot of this skepticism is logical and justified by valid reasons. My calculus shows that on average BDCs could cut their dividen...
Golub Capital: Moment To Sell Before Dividend Cut And NAV Erosion
Over the past 4 quarters, Golub Capital BDC has managed to shield its adjusted NII per share from the sector-wide headwinds. Yet, it all has came at the expense of prudent debt profile and healthy lon...
A Golden Buy The Dip Opportunity: Blue-Chip 11%+ Yields
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My Income Portfolio's Year-End Review
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17 Ideal 'Safer' Dividend Buys From 30 Of 73 November Graham Value All-Stars (GVAS)
Top ten GASV stocks offer projected average net gains of 50.81% by December 2026, with yields ranging from 8.16% to 12.74%. Seventeen of thirty 'safer' lowest-priced GASV stocks are currently fair-pri...
Golub Capital: Get Paid 11% Owning Private Credit
Golub Capital (GBDC) trades at an 8% discount to book value and is rated a buy, with a fair value estimate of $14.97. GBDC's portfolio is 92% first-lien, well-diversified, and has a historically low n...
The Silent Killer Of BDC Yields (And My Strategy To Outrun It)
BDCs face earnings pressure from lower base rates, but fears of severe dividend cuts are overstated. Quite many BDCs have several levers to pull in order to absorb ~100 bps of base rate cuts without t...
68 Graham Value All-Star (GVAS) November Dividend Dogs Show 27 'Safer' And 17 Ideal Buys
Top ten large-cap value 'GASV dogs' offer projected average net gains of 46.31% by November 2026, with yields from 8.09% to 11.74%. Seventeen of twenty-seven 'safer' lowest-priced GASV stocks are curr...
Golub Capital's Dividends Are At Risk
GBDC remains a 'hold' due to strong credit quality but rising risk of a dividend cut amid declining net investment income. GBDC's portfolio is highly sensitive to falling interest rates, leading to a ...
A Rare Buying Opportunity: Blue-Chip 11-12% Yields Too Cheap To Ignore
There is a major market disconnect in which there are blue-chip dividend payers offering 11%+ yields right now, despite posting strong fundamentals. I discuss why the market is bearish on these stocks...
Golub Capital BDC (GBDC) Q4 2025 Earnings Call Transcript
Golub Capital BDC ( GBDC) Q4 2025 Earnings Call November 19, 2025 10:00 AM EST Company Participants David B. Golub - CEO & Director Tim Topicz Christopher Ericson - CFO & Treasurer Conference Call Pa...
Golub Capital BDC, Inc. Announces Fiscal Year 2025 Fourth Quarter Financial Results
NEW YORK--(BUSINESS WIRE)--Golub Capital BDC, Inc., a business development company (Nasdaq: GBDC), today announced its financial results for its fourth fiscal quarter ended September 30, 2025. Except ...
Don't Bury BDC Dividends Just Yet
The Fed's dovishness has been the key driver for the BDC sell-off. The idea is that lower interest rates should lead to lower dividends (i.e., BDCs cutting their dividend across the board). While it i...
2 BDCs To Sell Before They Cut Their Dividend
BDCs have been clearly out of favor this year. Yet, there are some clear pockets of opportunity, which have started to showcase a nice momentum - just as I outlined in my recent BDC strategic piece. I...
14% Dividend Yield Is Not Enough
Dividends matter. So do losses. Look at a couple of charts and call it a day. Most people don't want to go through all the history, but we can sum up over a decade in a few images. When we compare pri...
Why Midstream Is Now My Highest Conviction Buy After Gold And Silver's Big Run
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My Income Portfolio - NAV Never Lies
For those who adopt a dividend strategy, having a “thermometer” with which to measure the real performance of our stocks is an immense advantage. This thermometer is NAV, a simple line on a graph that...
12% Yielding Strong Buys: Golub Capital BDC Edges Out Blue Owl Capital
The recent sell-off has created rare value in two blue-chip, defensively positioned high-yield names: Golub Capital BDC and Blue Owl Capital. They both now trade at double-digit discounts to NAV with ...
Golub Capital BDC, Inc. Schedules Release of Fiscal Year 2025 Fourth Quarter Results
NEW YORK--(BUSINESS WIRE)--Golub Capital BDC, Inc., a business development company (NASDAQ: GBDC, www.golubcapitalbdc.com), announced today that it will report its financial results for the quarter an...
Golub Capital BDC: Cautious About Thin Dividend Coverage
Golub Capital BDC (GBDC) is downgraded to a hold due to thin dividend coverage and a downward trending NAV per share. GBDC offers a high 12% dividend yield, but future payouts are at risk if net inves...
Time To Hunt Bargains In The BDC Forest: 2 Picks At ~20% Discount To NAV
BDCs have already experienced a notable correction. The sector median P/NAV metric indicates ~12% discount to NAV. Many players are priced even below that.