Goldmanchs BDC (FRA:GSB) Dividend Payout Ratio: 1.53 (As of Jun. 2026) — 11% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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FRA:GSB Goldman Sachs BDC Inc FRA:GSB
50 GF Score
Price €8.27
GF Value €6.44
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Goldmanchs BDC Dividend Payout Ratio?

Goldmanchs BDC FRA:GSB -0.51% 50 Dividend Payout Ratio is 1.53 as of Jun. 2026, which is 11% above its 10-year median of 1.38. GuruFocus rates FRA:GSB with a GF Score™ of 50/100 and a GF Value™ of €6.44 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 930 Asset Management companies, Goldmanchs BDC ranks worse than 91.83% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Goldmanchs BDC's Dividend Payout Ratio for the months ended in Jun. 2026 was 1.53.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Goldman Sachs BDC Inc is 2.65, which seems too high.

The historical rank and industry rank for Goldmanchs BDC's Dividend Payout Ratio or its related term are showing as below:

FRA:GSB' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.55   Med: 1.38   Max: 3.33
Current: 2.67

During the past 13 years, the highest Dividend Payout Ratio of Goldmanchs BDC was 3.33. The lowest was 0.55. And the median was 1.38.

FRA:GSB's Dividend Payout Ratio is ranked worse than
91.83% of 930 companies
in the Asset Management industry
Industry Median: 0.62 vs FRA:GSB: 2.67

As of today (2026-09-11), the Dividend Yield % of Goldmanchs BDC is 7.33%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Goldmanchs BDC was 17.16%. The lowest was 7.08%. And the median was 10.05%.

Goldmanchs BDC's Dividends per Share for the months ended in Jun. 2026 was €0.28.

During the past 12 months, Goldmanchs BDC's average Dividends Per Share Growth Rate was -13.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -8.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -3.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -1.10% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Goldmanchs BDC (FRA:GSB) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Goldmanchs BDC Dividend Payout Ratio Related Terms

Goldmanchs BDC Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Goldmanchs BDC's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Goldmanchs BDC Dividend Payout Ratio Chart

Goldmanchs BDC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 3.33 1.00 3.27 1.36

Goldmanchs BDC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.09 1.59 1.72 0.00 1.53

FRA:GSB vs FRBP, AOD, OCSL: Dividend Payout Ratio Comparison

For the Asset Management subindustry, Goldmanchs BDC's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Goldmanchs BDC Dividend Payout Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Goldmanchs BDC's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Goldmanchs BDC's Dividend Payout Ratio falls into.


FRA:GSB
50GF Score
Goldman Sachs BDC Inc FRA:GSB
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Goldmanchs BDC Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Goldmanchs BDC's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=1.196/ 0.88
=1.36

Goldmanchs BDC's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=0.278/ 0.182
=1.53

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 1.53 mean?
Goldmanchs BDC (FRA:GSB) has a Dividend Payout Ratio of 1.53 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Goldmanchs BDC and its competitors. This is 11% above median its historical median of 1.38. Over the past decade, Goldmanchs BDC's Dividend Payout Ratio has ranged from 0.55 to 3.33. According to the industry distribution chart, Goldmanchs BDC ranks #854 out of 930 companies in the Asset Management industry, placing it in the top 91.8%.
Is Goldmanchs BDC's Dividend Payout Ratio too high?
Goldmanchs BDC's current Dividend Payout Ratio of 1.53 is 11% above median its 10-year median of 1.38. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 3.33. The Asset Management industry median Dividend Payout Ratio is 0.62. Goldmanchs BDC's value of 1.53 is 146.8% above this industry median. Based on the distribution chart, Goldmanchs BDC ranks #854 out of 930 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Goldmanchs BDC has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Goldmanchs BDC's Dividend Payout Ratio compare to FRBP and AOD?
According to the Asset Management industry distribution chart, Goldmanchs BDC ranks #854 out of 930 companies for Dividend Payout Ratio. This places Goldmanchs BDC in the lower half of its industry. The industry median Dividend Payout Ratio is 0.62. Goldmanchs BDC's value of 1.53 is 146.8% above this benchmark. Historically, Goldmanchs BDC's own Dividend Payout Ratio has ranged from 0.55 to 3.33 over the past decade. While the company's 10-year median is 1.38 vs. the industry median of 0.62, Goldmanchs BDC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Asset Management company?
The median Dividend Payout Ratio among Asset Management companies is 0.62, based on 930 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Goldmanchs BDC's current Dividend Payout Ratio of 1.53 is 146.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Goldmanchs BDC and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goldmanchs BDC's current Dividend Payout Ratio is 1.53, which is 11% above median its own 10-year median of 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldmanchs BDC stock overvalued right now?
Based on GuruFocus' analysis, Goldmanchs BDC (FRA:GSB) is currently considered Modestly Overvalued. The stock's GF Value™ is €6.44, compared to a current price of €8.27 — trading 28.3% above its estimated fair value. The current Dividend Payout Ratio is 1.53, which is 11% above median its 10-year median of 1.38 and 146.8% above the Asset Management industry median of 0.62. Goldmanchs BDC's overall GF Score™ is 50/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Goldmanchs BDC (FRA:GSB), the current Dividend Payout Ratio is 1.53 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Goldmanchs BDC (FRA:GSB) Overvalued in 2026?

Based on GuruFocus' analysis, Goldmanchs BDC stock appears to be overvalued. The current stock price of €8.27 is trading 28.3% above its estimated GF Value™ of €6.44. GuruFocus considers Goldmanchs BDC to be Modestly Overvalued.

Key valuation signals for FRA:GSB:

  • Dividend Payout Ratio: 1.53 (11% above median its 10-year median of 1.38)
  • GF Value™: €6.44 vs. price of €8.27 (28.3% above fair value)
  • GF Score™: 50/100 with 7 warning signs
  • Industry Position: 146.8% above the Asset Management median (#854 of 930)

No single metric tells the full story. See the FRA:GSB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Goldmanchs BDC Business Description

Other Exchanges GSBD:USA
Address 200 West Street, New York, NY, USA, 10282
Goldman Sachs BDC Inc is a non-diversified, closed-end management investment company that elected to be regulated as a business development company focused on lending to middle-market companies. The investment objective is to generate current income and, to a lesser extent, capital appreciation through direct originations of secured debt, including the first lien, unitranche and second lien debt, and unsecured debt. It invests in U.S. middle-market companies such as banks and the public debt markets. The company focuses on the negotiation and structuring of the loans or securities in which it invests and holding the investments in its portfolio to maturity. It generates majority revenue in the form of interest income and dividend income.
50GF Score

Get the complete analysis for FRA:GSB

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€8.27
Price
€6.44
GF Value