About SanJac Alpha Core Plus Bond ETF (SJCP) — Dividend Analysis 2026
SJCP aims to generate income by investing in a broad range of fixed-income securities, primarily focusing on investment-grade US corporate and government bonds of varying maturities. The fund includes MBS, REITs, CLOs, CMOs, municipal securities, and preferred stocks. Portfolio selection combines top-down analysis, which assesses macroeconomic trends such as interest rates and market volatility, with bottom-up security selection based on credit quality and yield potential. The strategy seeks to balance returns with interest rate sensitivity, aiming for optimal performance while preserving capital and minimizing volatility. Although the fund primarily invests in investment-grade securities, it may allocate up to 5% of its assets to higher-risk securities, such as junk bonds and unrated debt. The fund maintains an average portfolio duration of up to ten years.
Is SJCP a good dividend investment in 2026?
SJCP offers a 4.42% forward yield with a 50% payout ratio. Strand Safety Score: N/A. The 5-year dividend CAGR of 0% is modest — investors should weigh current income against growth alternatives.
SJCP DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your SJCP portfolio grows to $15.4K vs $14.4K without reinvestment. This is the compound interest effect in action.
SJCP dividend growth history & forecast
SJCP has grown its dividend by 0% over the last year and 0% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 4.42%.
ETFs do not file income statements or cash flow statements. Their dividend safety depends on the underlying index quality, fund methodology, and holdings composition. Use the Holdings page to analyze individual stocks in this fund.
🌍 SJCP Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold SJCP.
Gross yield
4.42%
Tax rate
15.00%
After-tax yield
3.76%
Real yield (−CPI)
0.96%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
4.42%
1.62%
$442 / yr
🇺🇸 US Taxable (15%) ✓
15%
3.76%
0.96%
$376 / yr
🇺🇸 US Taxable (20%)
20%
3.54%
0.74%
$354 / yr
🇬🇧 UK ISA
0%
4.42%
1.62%
$442 / yr
🇬🇧 UK Taxable
8.75%
4.03%
1.23%
$403 / yr
🇨🇦 TFSA
0%
4.42%
1.62%
$442 / yr
🇨🇦 CA Taxable
25%
3.31%
0.52%
$332 / yr
🇦🇺 Super (pension)
15%
3.76%
0.96%
$376 / yr
🇦🇺 AU Taxable
30%
3.09%
0.29%
$309 / yr
🇩🇪 DE Taxable
26.375%
3.25%
0.45%
$325 / yr
🇫🇷 FR Taxable
30%
3.09%
0.29%
$309 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 SJCP Income Goal & Break-Even
Dividend Break-Even
27yr
Years for dividends to fully repay your SJCP investment of $24.83/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$4.5K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$2.0K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in SJCP for:
Shares needed
25,726
Capital required
$638,777
Monthly income
$2,000
Based on current dividend of $1.10/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 SJCP Dividend Payment Schedule
SJCP pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$2.33 / payment
$9.33 / year after tax
100 shares
$23.32 / payment
$93.29 / year after tax
1,000 shares
$233.24 / payment
$932.94 / year after tax
📊 SJCP vs Financial Services Benchmarks
How SJCP compares to typical Financial Services averages.
Benchmark: Financial Services
Dividend Yield▲+1.52% vs sectorBetter
SJCP
4.42%
avg
2.90%
5Y Dividend CAGR▼-7.10% vs sectorBelow avg
SJCP
0.00%
avg
7.10%
Payout Ratio▼+12.00% vs sectorBelow avg
SJCP
50.00%
avg
38.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for SJCP sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ SJCP Insider Activity
No recent SEC filings reported in the last 90 days.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the SJCP dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →