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Dividend Vision

GSBD BDC — Goldman Sachs BDC, Inc.

Goldman Sachs BDC, Inc. (GSBD)

Updated October 16, 2026.

Verdict as of October 19, 2026

GSBD's distribution is rated elevated risk by the Dividend Vision Distribution Safety Score™ (32/100, medium confidence). It pays quarterly and its distribution rate is 15.81%. The latest recorded payment is $0.32 (ex-date September 30, 2026).

Sources: Goldman Sachs, Section 19a-1 notices, scoring methodology.

GSBD is a BDC. its distribution rate is 15.81%, its trailing-12-month yield is 15.81%. Dividend Vision Distribution Safety Score™ is 32/100 (Elevated risk). Total return is 57.5% over the past 11.6 years, 282.6 points behind SPY at 340.1%.

At the published price, recorded trailing 12-month cash corresponds to $1,581 per $10,000. Past cash distributions do not establish future income.

GSBD dividend yield and income

Price as of 2026-10-16.

The distribution rate (15.81%) uses trailing 12-month split-adjusted cash distributions; includes specials and supplementals; divided by market price dated 2026-10-16. Trailing-12-month yield (15.81%) is the last year of cash distributions by ex-date divided by the current price. The dividend amount is $0.32. The ex-dividend date is 09/30/2026. The payment date is 10/28/2026. At the published price, recorded trailing 12-month cash corresponds to $1,581 per $10,000. Past cash distributions do not establish future income.

Recorded distribution timeline (55)
Ex-dateAmountChange from previous payment
2026-09-30$0.32N/A
2026-08-31$0.03-90.6%
Total cash (unclassified)
2026-06-30$0.32N/A
2026-03-31$0.32N/A
2026-03-09$0.03N/A
2025-12-31$0.32700.0%
Total cash (unclassified)
2025-11-28$0.04N/A
2025-09-30$0.48N/A
2025-08-29$0.03N/A
2025-06-30$0.48N/A
2025-05-30$0.05-89.6%
Total cash (unclassified)
2025-03-31$0.486.7%
Total cash (unclassified)
2024-12-31$0.450.0%
Total cash (unclassified)
2024-09-30$0.450.0%
Total cash (unclassified)
2024-06-28$0.450.0%
Total cash (unclassified)
2024-03-27$0.450.0%
Total cash (unclassified)
2023-12-28$0.450.0%
Total cash (unclassified)
2023-09-29$0.450.0%
Total cash (unclassified)
2023-06-29$0.450.0%
Total cash (unclassified)
2023-03-30$0.450.0%
Total cash (unclassified)
2022-12-29$0.450.0%
Total cash (unclassified)
2022-09-29$0.450.0%
Total cash (unclassified)
2022-06-29$0.450.0%
Total cash (unclassified)
2022-03-30$0.450.0%
Total cash (unclassified)
2021-12-30$0.45N/A
2021-09-29$0.45800.0%
Total cash (unclassified)
2021-08-13$0.05-88.9%
Total cash (unclassified)
2021-06-29$0.45800.0%
Total cash (unclassified)
2021-05-13$0.05-88.9%
Total cash (unclassified)
2021-03-30$0.45800.0%
Total cash (unclassified)
2021-02-11$0.05N/A
2020-12-30$0.450.0%
Total cash (unclassified)
2020-09-29$0.450.0%
Total cash (unclassified)
2020-06-29$0.450.0%
Total cash (unclassified)
2020-03-30$0.450.0%
Total cash (unclassified)
2019-12-30$0.450.0%
Total cash (unclassified)
2019-09-27$0.450.0%
Total cash (unclassified)
2019-06-27$0.450.0%
Total cash (unclassified)
2019-03-28$0.450.0%
Total cash (unclassified)
2018-12-28$0.450.0%
Total cash (unclassified)
2018-09-27$0.450.0%
Total cash (unclassified)
2018-06-28$0.450.0%
Total cash (unclassified)
2018-03-28$0.450.0%
Total cash (unclassified)
2017-12-28$0.450.0%
Total cash (unclassified)
2017-09-28$0.450.0%
Total cash (unclassified)
2017-06-28$0.450.0%
Total cash (unclassified)
2017-03-29$0.450.0%
Total cash (unclassified)
2016-12-28$0.450.0%
Total cash (unclassified)
2016-09-28$0.450.0%
Total cash (unclassified)
2016-06-28$0.450.0%
Total cash (unclassified)
2016-03-29$0.450.0%
Total cash (unclassified)
2015-12-29$0.450.0%
Total cash (unclassified)
2015-09-28$0.450.0%
Total cash (unclassified)
2015-06-26$0.450.0%
Total cash (unclassified)
2015-03-27$0.45—
2015 total (partial launch year)$1.8—
2016 total$1.8—
2017 total$1.80.0%
2018 total$1.80.0%
2019 total$1.80.0%
2020 total$1.80.0%
2021 total (cadence changed)$1.958.3%
2022 total (cadence changed)$1.8-7.7%
2023 total$1.80.0%
2024 total$1.80.0%
2025 total$1.884.4%
2026 YTD total$1.02-32.9% vs prior-year YTD

GSBD dividend growth

Trailing-12-month distributions versus the preceding 12 months changed -29.9%. The 1Y row below uses this same adjacent TTM cash-window comparison. The deepest trailing-12-month payout decline in the past five years is -57.69%.

TTM income vs TTM N years earlier
WindowChange
1Y-29.9%
3Y-23.3%
5Y-29.2%
10Y-23.3%

GSBD holdings and sector exposure

Holdings are not available for this snapshot.

GSBD performance versus SPY

Price and return data through 2026-10-16.

Total return is 57.5% over the past 11.6 years, 282.6 points behind SPY at 340.1%. Over the past year its total return — price change plus distributions reinvested — is 4.6%. Its deepest 1-year drawdown was 13.8%.

WindowTotal returnCAGR
1M-7.7%—
3M0.0%—
6M-1.9%—
YTD5.0%—
1Y4.6%—
2Y CAGR—-6.60%
3Y CAGR—-1.60%
5Y CAGR—-2.20%
10Y CAGR—2.20%
Since inception (11.6 years)57.5%4.00%

GSBD key facts

Distribution Safety Score™
32 · Elevated risk
Safety-Adjusted Yield
5.06%
Issuer
Goldman Sachs
Asset type
BDC
Asset class
Equity
Inception date
03/18/2015
Distribution rate
15.81%
Distribution frequency
Quarterly
Trailing yield
15.81%
5-year average yield
11.74
Last close
$8.73 (stale; as of 2026-10-16)
Market cap
$982,727,955
Average volume
605900.0
Dividend
$0.32
Ex-dividend date
09/30/2026
Payment date
10/28/2026
Beta
0.676
Payout ratio
97.1%
P/E ratio
16.79
Forward P/E
10.7759
EPS
$0.52

How Dividend Vision calculates yield and returns

Distribution rate (15.81%) uses trailing 12-month split-adjusted cash distributions; includes specials and supplementals; divided by market price dated 2026-10-16. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (15.81%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Goldman Sachs; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

GSBD risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 13.8%.

Who may consider GSBD — and who may not

It is a weaker fit for investors who need monthly cash flow (GSBD pays quarterly); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on GSBD

Tagged: BDC, Dividend.

Frequently asked questions

Does GSBD pay monthly?

No. GSBD currently pays quarterly, not monthly.

What is GSBD's dividend yield?

GSBD's distribution rate is 15.81%, paid quarterly — trailing 12-month split-adjusted cash distributions; includes specials and supplementals; divided by market price dated 2026-10-16.

How has GSBD's dividend grown?

Trailing-12-month distributions versus the preceding 12 months changed -29.9%. That is the same adjacent TTM cash-window comparison used in the dividend-history table.

When does GSBD pay a dividend?

GSBD pays quarterly. The dividend amount is $0.32. The ex-dividend date is 09/30/2026. The payment date is 10/28/2026.

How has GSBD performed?

Total return is 57.5% over the past 11.6 years, 282.6 points behind SPY at 340.1%. Over the past year its total return — price change plus distributions reinvested — is 4.6%. Its deepest 1-year drawdown was 13.8%.

Is GSBD a good investment?

GSBD's Dividend Vision Distribution Safety Score is 32 (Elevated risk). That is a risk signal, not investment advice. Its distribution rate is 15.81% (trailing 12-month split-adjusted cash distributions; includes specials and supplementals; divided by market price dated 2026-10-16). Compare peers below rather than treating any single figure as a buy or sell.

DividendVision analysis is generated from public SEC filing data and may not capture every change. Review the original filing for complete information.