Is CCLFX or DIVO a better dividend investment in 2026?

CCLFX currently yields 10.37% with a 5% 5-year dividend growth rate. DIVO yields 6.49% with 5% growth. The better choice depends on your goal: CCLFX offers higher current income.

What is the dividend yield difference between CCLFX and DIVO?

CCLFX has a forward dividend yield of 10.37% ($1.09/share annually). DIVO yields 6.49% ($2.91/share annually). The yield gap is 3.88 percentage points.

Home › Compare › CCLFX vs DIVO

CCLFX vs DIVO: Dividend Comparison 2026

CCLFX yields 10.37% · DIVO yields 6.49%● Live data

vsPost on X →

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

🏆 CCLFX wins by $9.0K in total portfolio value

INVESTMENT

TIME HORIZON10 years

CCLFX

● Live price

10.37%

Share price

$10.54

Annual div

$1.09

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$39.7K

Annual income

$1,987.43

Full CCLFX calculator →

DIVO

● Live price

6.49%

Share price

$44.85

Annual div

$2.91

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$30.7K

Annual income

$981.68

Full DIVO calculator →

Portfolio growth — CCLFX vs DIVO

📍 CCLFX 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	CCLFX	DIVO
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, CCLFX + DIVO cover 0 of 12 months — good coverage

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

CCLFX pays

DIVO pays

Both pay

Neither

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Tax Bracket Optimizer

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

CCLFX

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

$881.29/yr

After 10yr DRIP, annual income (after tax)

$1,689.32/yr

DIVO

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

$552.00/yr

After 10yr DRIP, annual income (after tax)

$834.43/yr

At 15% tax rate, CCLFX beats the other by $854.89/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 CCLFX + DIVO for your $10,000?

CCLFX: 50%DIVO: 50%

100% DIVO50/50100% CCLFX

Portfolio after 10yr

$35.2K

Annual income

$1,484.56/yr

Blended yield

4.22%

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

CCLFX buys

DIVO buys

No recent congressional trades found for CCLFX or DIVO in the last 90 days.

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

MetricCCLFXDIVO

Forward yield	10.37% ✓	6.49%
Annual dividend / share	$1.09	$2.91 ✓
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	0%
Portfolio after 10y	$39.7K ✓	$30.7K
Annual income after 10y	$1,987.43 ✓	$981.68
Total dividends collected	$15.1K ✓	$8.2K
Payment frequency	quarterly	quarterly
Sector	Stock	ETF

Year-by-year: CCLFX vs DIVO ($10,000, DRIP)

Year	CCLFX Portfolio	CCLFX Income/yr	DIVO Portfolio	DIVO Income/yr	Gap
1← crossover	$11,737	$1,036.81	$11,349	$649.42	+$388.00 → CCLFX
2	$13,696	$1,137.28	$12,833	$688.83	+$863.00 → CCLFX
3	$15,895	$1,240.27	$14,459	$727.90	+$1.4K → CCLFX
4	$18,352	$1,345.24	$16,238	$766.49	+$2.1K → CCLFX
5	$21,089	$1,451.64	$18,179	$804.47	+$2.9K → CCLFX
6	$24,124	$1,558.95	$20,293	$841.71	+$3.8K → CCLFX
7	$27,479	$1,666.66	$22,591	$878.14	+$4.9K → CCLFX
8	$31,177	$1,774.27	$25,087	$913.65	+$6.1K → CCLFX
9	$35,241	$1,881.34	$27,791	$948.18	+$7.5K → CCLFX
10	$39,695	$1,987.43	$30,718	$981.68	+$9.0K → CCLFX

CCLFX vs DIVO: Complete Analysis 2026

CCLFX — Stock

Cliffwater Corporate Lending Fund is a closed-end management investment company that seeks to provide investors interest income from a portfolio of loans to U.S. middle market companies. It provides all investors access to a private debt portfolio with diversification, pricing, and quality of institutional caliber in corporate lending. The company was founded on March 21, 2018 and is headquartered in Milwaukee, WI.

Full CCLFX Calculator →

DIVO — ETF

DIVO is an ETF of high-quality large cap companies with a history of dividend and earnings growth, along with a tactical covered call* strategy on individual stocks. DIVO is strategically designed to offer high levels of total return on a risk-adjusted basis.

Full DIVO 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.