Golub Capital Bdc (GBDC) Dividend Coverage Ratio (2021 - 2026)
Golub Capital Bdc's (GBDC) quarterly Dividend Coverage Ratio came in at 0.06 in Q2 2026, down 124.46% year-over-year from 0.23 in Q2 2025, and up 96.23% quarter-over-quarter from 1.49 in Q1 2026.
Analysis
Golub Capital Bdc (GBDC) Dividend Coverage Ratio (2021 - 2026) Analysis & Trends
Golub Capital Bdc has disclosed Dividend Coverage Ratio across 6 years of filings, most recently posting 0.06 for Q2 2026.
- In Q2 2026, Dividend Coverage Ratio fell 124.46% year-over-year to 0.06; the TTM figure through Jun 2026 stood at 0.28 (down 231.72% YoY), while the FY2025 annual figure was 0.23, up 29.25% from the prior year.
- Dividend Coverage Ratio came in at 0.06 for Q2 2026 at Golub Capital Bdc, up from 1.49 in the prior quarter.
- In the past five years, Dividend Coverage Ratio ranged from a high of 1.28 in Q1 2022 to a low of 1.49 in Q1 2026.
- Average Dividend Coverage Ratio over 5 years is 0.16, with a median of 0.22 recorded in 2024.
- Year-over-year, Dividend Coverage Ratio surged 499.35% in 2023 and tumbled 1592.36% in 2026.
- Over 5 years, Dividend Coverage Ratio stood at 0.19 in 2022, then surged by 403.92% to 0.57 in 2023, then tumbled by 48.99% to 0.29 in 2024, then slumped by 104.32% to 0.01 in 2025, then sank by 344.64% to 0.06 in 2026.
- Per Business Quant data, the three most recent Dividend Coverage Ratio figures were 0.06 in Q2 2026, 1.49 in Q1 2026, and 0.01 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.14 Bn | 13.76 Bn | - | 0.42 |
| 2 | Blackstone Secured Lending Fund | 5.70 Bn | 5.44 Bn | - | 0.43 |
| 3 | Blue Owl Capital | 5.54 Bn | 5.30 Bn | - | 0.29 |
| 4 | Main Street Capital | 5.29 Bn | 5.23 Bn | - | 1.89 |
| 5 | Blue Owl Technology Finance | 5.08 Bn | 4.87 Bn | - | 0.18 |
| 6 | Hercules Capital | 4.65 Bn | 4.60 Bn | - | 0.69 |
| 7 | FS KKR Capital | 3.42 Bn | 3.31 Bn | - | - |
| 8 | Golub Capital Bdc | 3.32 Bn | 3.27 Bn | - | -0.06 |
| 9 | PennantPark Floating Rate Capital | 2.48 Bn | -127.01 Mn | - | -0.63 |
| 10 | MidCap Financial Investment | 2.07 Bn | 2.03 Bn | - | 0.22 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.06 |
| Mar 31, 2026 | -1.49 |
| Dec 31, 2025 | -0.01 |
| Sep 30, 2025 | 0.30 |
| Jun 30, 2025 | 0.23 |
| Mar 31, 2025 | 0.10 |
| Dec 31, 2024 | 0.29 |
| Sep 30, 2024 | 0.21 |
| Jun 30, 2024 | -0.68 |
| Mar 31, 2024 | 0.77 |
| Dec 31, 2023 | 0.57 |
| Sep 30, 2023 | 1.09 |
| Jun 30, 2023 | 0.75 |
| Mar 31, 2023 | 0.51 |
| Dec 31, 2022 | -0.19 |
| Sep 30, 2022 | -0.52 |
| Jun 30, 2022 | -0.19 |
| Mar 31, 2022 | 1.28 |
| Dec 31, 2021 | 1.19 |