Golub Capital BDC (FRA:OGL) Dividend Payout Ratio: 0.00 (As of Mar. 2026)

What is Golub Capital BDC Dividend Payout Ratio?

Golub Capital BDC FRA:OGL +0.19% 65 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates FRA:OGL with a GF Score™ of 65/100 and a GF Value™ of €7.48 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 931 Asset Management companies, Golub Capital BDC ranks worse than 84.85% 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. Golub Capital BDC's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Golub Capital BDC Inc is 1.95, which seems too high.

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

FRA:OGL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.57 Med: 0.96 Max: 3.26
Current: 1.95

During the past 13 years, the highest Dividend Payout Ratio of Golub Capital BDC was 3.26. The lowest was 0.57. And the median was 0.96.

FRA:OGL's Dividend Payout Ratio is ranked worse than
84.85% of 931 companies
in the Asset Management industry
Industry Median: 0.7 vs FRA:OGL: 1.95

As of today (2026-06-28), the Dividend Yield % of Golub Capital BDC is 11.51%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Golub Capital BDC was 13.47%. The lowest was 6.25%. And the median was 8.19%.

Golub Capital BDC's Dividends per Share for the months ended in Mar. 2026 was €0.29.

During the past 12 months, Golub Capital BDC's average Dividends Per Share Growth Rate was -9.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Golub Capital BDC was 27.30% per year. The lowest was -1.50% per year. And the median was 0.00% 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.

Golub Capital BDC (FRA:OGL) 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.

Golub Capital BDC Dividend Payout Ratio Related Terms

Golub Capital BDC Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Golub Capital 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.

Golub Capital BDC Dividend Payout Ratio Chart

Golub Capital BDC Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Sep25

Dividend Payout Ratio

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0.57

1.33

0.90

1.17

1.13

Golub Capital BDC Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															1.30	1.15	1.08	1.56	0.00

FRA:OGL vs NEA, AB, CSQ: Dividend Payout Ratio Comparison

For the Asset Management subindustry, Golub Capital 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.

Golub Capital BDC Dividend Payout Ratio vs Asset Management Industry

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

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

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65GF Score

Golub Capital BDC Inc FRA:OGL

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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Golub Capital BDC Dividend Payout Ratio Calculation

Golub Capital BDC's Dividend Payout Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Sep. 2025 )	/	EPS without NRI (A: Sep. 2025 )
	=	1.363	/	1.21
	=	1.13

Golub Capital BDC's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	0.285	/	-0.156
	=	N/A

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.00 mean?

Golub Capital BDC (FRA:OGL) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Golub Capital BDC and its competitors. Over the past decade, Golub Capital BDC's Dividend Payout Ratio has ranged from 0.57 to 3.26. According to the industry distribution chart, Golub Capital BDC ranks #790 out of 931 companies in the Asset Management industry, placing it in the top 84.9%.

Is Golub Capital BDC's Dividend Payout Ratio too high?

Golub Capital BDC's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 3.26. Based on the distribution chart, Golub Capital BDC ranks #790 out of 931 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Golub Capital BDC has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Golub Capital BDC's Dividend Payout Ratio compare to NEA and AB?

According to the Asset Management industry distribution chart, Golub Capital BDC ranks #790 out of 931 companies for Dividend Payout Ratio. This places Golub Capital BDC in the lower half of its industry. The industry median Dividend Payout Ratio is 0.70. Historically, Golub Capital BDC's own Dividend Payout Ratio has ranged from 0.57 to 3.26 over the past decade. 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 0.70, based on 931 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. 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 Golub Capital BDC and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golub Capital BDC's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Golub Capital BDC stock overvalued right now?

Based on GuruFocus' analysis, Golub Capital BDC (FRA:OGL) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.48, compared to a current price of €10.74 — trading 43.6% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Golub Capital BDC's overall GF Score™ is 65/100 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 Golub Capital BDC (FRA:OGL), the current Dividend Payout Ratio is 0.00 as of Mar. 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 Golub Capital BDC (FRA:OGL) Overvalued in 2026?

Based on GuruFocus' analysis, Golub Capital BDC stock appears to be overvalued. The current stock price of €10.74 is trading 43.6% above its estimated GF Value™ of €7.48. GuruFocus considers Golub Capital BDC to be Significantly Overvalued.

Key valuation signals for FRA:OGL:

Dividend Payout Ratio: 0.00
GF Value™: €7.48 vs. price of €10.74 (43.6% above fair value)
GF Score™: 65/100 with 7 warning signs

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

Golub Capital BDC Business Description

Industry Financial Services Asset Management

Comparable Companies NEA AB CSQ CNS ADX HLNE FSK UTF UTG JPC BLK BX OSTO:INVE A TSX:BN KKR TSX:BAM APO STT OSTO:EQT AMP

Other Exchanges GBDC:USA 0IZ6:UK

Address 200 Park Avenue, 25th Floor, New York, NY, USA, 10166

Website https://www.golubcapitalbdc.com

Golub Capital BDC Inc. is an externally managed, closed-end, non-diversified management investment company. Its investment objective is to generate current income and capital appreciation by investing in senior secured and one-stop loans in U.S. middle-market companies. It also invests in second-lien and subordinated loans, warrants, and minority equity securities in U.S. middle-market companies. The company generally invests in securities rated below investment grade by independent rating agencies, or those that would be rated below investment grade if evaluated. The company operates in the USA, Canada, and other countries, with the majority of its revenue coming from the USA.

65GF Score

Get the complete analysis for FRA:OGL

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

€10.74

Price

€7.48

GF Value

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