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BDVC vs SPHD: Dividend Comparison 2026

BDVC yields 57.14% · SPHD yields 4.33%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 BDVC wins by $238.4K in total portfolio value
10 years
BDVC
BDVC
● Live price
57.14%
Share price
$3.50
Annual div
$2.00
5Y div CAGR
-5.9%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$264.9K
Annual income
$36,168.16
Full BDVC calculator →
SPHD
SPHD
● Live price
4.33%
Share price
$49.34
Annual div
$2.14
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$26.5K
Annual income
$571.32
Full SPHD calculator →

Portfolio growth — BDVC vs SPHD

📍 BDVC 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 PeriodBDVCSPHD
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, BDVC + SPHD cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
BDVC pays
SPHD pays
Both pay
Neither
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Tax Bracket Optimizer

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

BDVC
Annual income on $10K today (after 15% tax)
$4,857.14/yr
After 10yr DRIP, annual income (after tax)
$30,742.94/yr
SPHD
Annual income on $10K today (after 15% tax)
$367.92/yr
After 10yr DRIP, annual income (after tax)
$485.62/yr
At 15% tax rate, BDVC beats the other by $30,257.31/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

What's the optimal mix of BDVC + SPHD for your $10,000?

BDVC: 50%SPHD: 50%
100% SPHD50/50100% BDVC
Portfolio after 10yr
$145.7K
Annual income
$18,369.74/yr
Blended yield
12.61%
🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

BDVC buys
0
SPHD buys
0
No recent congressional trades found for BDVC or SPHD in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricBDVCSPHD
Forward yield57.14%4.33%
Annual dividend / share$2.00$2.14
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR-5.9%0%
Portfolio after 10y$264.9K$26.5K
Annual income after 10y$36,168.16$571.32
Total dividends collected$196.9K$5.1K
Payment frequencyquarterlyquarterly
SectorStockETF

Year-by-year: BDVC vs SPHD ($10,000, DRIP)

YearBDVC PortfolioBDVC Income/yrSPHD PortfolioSPHD Income/yrGap
1← crossover$16,077$5,377.14$11,133$432.85+$4.9KBDVC
2$24,805$7,602.67$12,363$450.36+$12.4KBDVC
3$36,857$10,315.88$13,695$467.39+$23.2KBDVC
4$52,918$13,480.14$15,138$483.90+$37.8KBDVC
5$73,642$17,020.62$16,697$499.88+$56.9KBDVC
6$99,628$20,830.96$18,382$515.31+$81.2KBDVC
7$131,386$24,783.91$20,198$530.17+$111.2KBDVC
8$169,327$28,743.69$22,157$544.46+$147.2KBDVC
9$213,758$32,578.02$24,266$558.18+$189.5KBDVC
10$264,889$36,168.16$26,536$571.32+$238.4KBDVC

BDVC vs SPHD: Complete Analysis 2026

BDVCStock

Franklin BSP Lending Corporation is a business development company specializing in investing in middle market companies, leverage buyouts, acquisitions, recapitalizations, growth opportunities, venture debt, CLO equity, delayed draw term loans, rescue financing, distressed or turnaround situations, and bridge loans and financing. It invests in the debt and equity of private held companies. It typically prefers to invest in unitranche, senior secured debt, senior unsecured debt, second lien secured debt, equity co-investments, subordinated secured debt, subordinated unsecured debt, mezzanine debt, convertible debt, convertible preferred equity, preferred equity, common equity, warrants. It seeks to invest in business services, energy, general industrial, government, healthcare, software, specialty finance; restaurants, TMT, food and beverage, and consumer products. It prefers to take majority stakes in investments. It invests throughout the United States and Canada. It invests between $1 million and $25 million in established companies with revenues between $5 million and $1000 million and stable operating cash flows. Within middle market loans, the investment size across the BSP private debt platform typically ranges from $25 million to over $250 million in companies with EBITDA between $10 million and $100 million. It seeks to have Board representation or Board Observation rights in its portfolio companies.

Full BDVC Calculator →

SPHDETF

The Invesco S&P 500 High Dividend Low Volatility ETF (Fund) is based on the S&P 500 Low Volatility High Dividend Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. Standard & Poor's compiles, maintains and calculates the Index, which is composed of 50 securities traded on the S&P 500 Index that historically have provided high dividend yields and low volatility. The Fund and the Index are rebalanced and reconstituted semi-annually, in January and July.

Full SPHD 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.