Is AZREF or JEPQ a better dividend investment in 2026?

AZREF currently yields 200.00% with a 5% 5-year dividend growth rate. JEPQ yields 11.47% with 5% growth. The better choice depends on your goal: AZREF offers higher current income.

What is the dividend yield difference between AZREF and JEPQ?

AZREF has a forward dividend yield of 200.00% ($2.00/share annually). JEPQ yields 11.47% ($6.16/share annually). The yield gap is 188.53 percentage points.

Home › Compare › AZREF vs JEPQ

AZREF vs JEPQ: Dividend Comparison 2026

AZREF yields 200.00% · JEPQ yields 11.47%● Live data

vsPost on X →

After 10 years · $10,000 invested · DRIP enabled

🏆 AZREF wins by $119.32M in total portfolio value

INVESTMENT

TIME HORIZON10 years

AZREF

● Live price

200.00%

Share price

$1.00

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$119.36M

Annual income

$60,176,096.29

Full AZREF calculator →

JEPQ

JPMorgan Nasdaq Equity Premium Income ETF

● Live price

11.47%

Share price

$53.77

Annual div

$6.16

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$45.8K

Annual income

$2,269.18

Full JEPQ calculator →

Portfolio growth — AZREF vs JEPQ

📍 AZREF pulled ahead of the other in Year 1

Annual dividend income

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Recession Test — Did They Cut Dividends?

How each stock treated shareholders during the 3 biggest crises of the last 20 years

Crisis Period	AZREF	JEPQ
2008–2009 GFC	— No data	— No data
2020 Q1–Q2 COVID	— No data	— No data
2022 Q4 Rate Hike	— No data	— No data

Based on dividend payment history. "Increased" = dividend grew during crisis. "Maintained" = held within 3%. "Cut" = reduced by more than 3%.

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Dividend Calendar Overlap

Combined, AZREF + JEPQ cover 0 of 12 months — good coverage

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

AZREF pays

JEPQ pays

Both pay

Neither

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Tax Bracket Optimizer

Which stock is actually better after tax? Adjust your rate to find out.

AZREF

Annual income on $10K today (after 15% tax)

$17,000.00/yr

After 10yr DRIP, annual income (after tax)

$51,149,681.85/yr

JEPQ

Annual income on $10K today (after 15% tax)

$974.55/yr

After 10yr DRIP, annual income (after tax)

$1,928.80/yr

At 15% tax rate, AZREF beats the other by $51,147,753.04/year in after-tax income after 10 years on $10,000

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Lazy Portfolio Split Optimizer

What's the optimal mix of AZREF + JEPQ for your $10,000?

AZREF: 50%JEPQ: 50%

100% JEPQ50/50100% AZREF

Portfolio after 10yr

$59.70M

Annual income

$30,089,182.73/yr

Blended yield

50.40%

📊

Analyst Conviction Gap

Where Wall Street is most bullish on AZREF right now

AZREF

Analyst Ratings

Buy

Hold

Sell

Consensus: Buy

Altman Z

-0.1

Piotroski

4/9

JEPQ

No analyst data

Analyst ratings via FMP. Altman Z-Score: >3.0 safe, 1.81–3.0 grey zone, <1.81 distress. Piotroski: 7–9 strong, 0–3 weak.

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

AZREF buys

JEPQ buys

No recent congressional trades found for AZREF or JEPQ in the last 90 days.

STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →

MetricAZREFJEPQ

Forward yield	200.00% ✓	11.47%
Annual dividend / share	$2.00	$6.16 ✓
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	0%
Portfolio after 10y	$119.36M ✓	$45.8K
Annual income after 10y	$60,176,096.29 ✓	$2,269.18
Total dividends collected	$112.49M ✓	$17.1K
Payment frequency	quarterly	monthly
Sector	Stock	ETF

Year-by-year: AZREF vs JEPQ ($10,000, DRIP)

Year	AZREF Portfolio	AZREF Income/yr	JEPQ Portfolio	JEPQ Income/yr	Gap
1← crossover	$30,700	$20,000.00	$11,967	$1,146.53	+$18.7K → AZREF
2	$90,232	$57,383.18	$14,216	$1,268.02	+$76.0K → AZREF
3	$254,173	$157,624.56	$16,774	$1,392.20	+$237.4K → AZREF
4	$686,927	$414,961.74	$19,667	$1,518.21	+$667.3K → AZREF
5	$1,783,118	$1,048,106.39	$22,925	$1,645.21	+$1.76M → AZREF
6	$4,450,613	$2,542,677.12	$26,578	$1,772.40	+$4.42M → AZREF
7	$10,693,420	$5,931,263.38	$30,656	$1,899.04	+$10.66M → AZREF
8	$24,760,608	$13,318,648.86	$35,194	$2,024.45	+$24.73M → AZREF
9	$55,315,649	$28,821,798.66	$40,228	$2,148.01	+$55.28M → AZREF
10	$119,363,841	$60,176,096.29	$45,796	$2,269.18	+$119.32M → AZREF

AZREF vs JEPQ: Complete Analysis 2026

AZREF — Stock

Azure Power Global Limited operates as an independent sustainable energy solutions provider and power producer in India. The company builds and operates grid-scale solar, wind, and hybrid projects; and supplies generated renewable power to government utilities, and independent industrial and commercial customers on long term fixed price contracts. It has total renewable energy portfolio of approximately 7.4 GWs of which approximately 2.9 GWs operational capacity and 4.5 GWs of capacity under construction and in the pipeline. The company was founded in 2008 and is based in New Delhi, India.

Full AZREF Calculator →

JEPQ — ETF

The fund seeks to achieve this objective by (1) creating an actively managed portfolio of equity securities comprised significantly of those included in the fund’s primary benchmark, the Nasdaq-100 Index (the Benchmark), and (2) through equity-linked notes (ELNs), selling call options with exposure to the Benchmark. It is non-diversified.

Full JEPQ Calculator →

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⚠️ Educational purposes only. Not financial advice. Congressional trades sourced from SEC STOCK Act filings via FMP. Past performance does not guarantee future results.