Is CWAFF or RYLD a better dividend investment in 2026?

CWAFF currently yields 4.41% with a 5% 5-year dividend growth rate. RYLD yields 12.14% with 5% growth. The better choice depends on your goal: RYLD offers higher current income.

What is the dividend yield difference between CWAFF and RYLD?

CWAFF has a forward dividend yield of 4.41% ($0.03/share annually). RYLD yields 12.14% ($1.81/share annually). The yield gap is 7.73 percentage points.

Home › Compare › CWAFF vs RYLD

CWAFF vs RYLD: Dividend Comparison 2026

CWAFF yields 4.41% · RYLD yields 12.14%● Live data

vsPost on X →

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

🏆 RYLD wins by $20.0K in total portfolio value

INVESTMENT

TIME HORIZON10 years

CWAFF

● Live price

4.41%

Share price

$0.68

Annual div

$0.03

5Y div CAGR

-6.6%

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$24.6K

Annual income

$275.26

Full CWAFF calculator →

RYLD

● Live price

12.14%

Share price

$14.95

Annual div

$1.81

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$44.5K

Annual income

$2,587.35

Full RYLD calculator →

Portfolio growth — CWAFF vs RYLD

📍 RYLD 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	CWAFF	RYLD
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, CWAFF + RYLD cover 0 of 12 months — good coverage

Jan

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Feb

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Mar

—

Apr

—

May

—

Jun

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Jul

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Aug

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Sep

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Oct

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Nov

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Dec

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CWAFF pays

RYLD pays

Both pay

Neither

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Tax Bracket Optimizer

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

CWAFF

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

$375.00/yr

After 10yr DRIP, annual income (after tax)

$233.97/yr

RYLD

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

$1,031.60/yr

After 10yr DRIP, annual income (after tax)

$2,199.25/yr

At 15% tax rate, RYLD beats the other by $1,965.28/year in after-tax income after 10 years on $10,000

⚖️

Lazy Portfolio Split Optimizer

What's the optimal mix of CWAFF + RYLD for your $10,000?

CWAFF: 50%RYLD: 50%

100% RYLD50/50100% CWAFF

Portfolio after 10yr

$34.5K

Annual income

$1,431.30/yr

Blended yield

4.14%

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

CWAFF buys

RYLD buys

No recent congressional trades found for CWAFF or RYLD in the last 90 days.

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

MetricCWAFFRYLD

Forward yield	4.41%	12.14% ✓
Annual dividend / share	$0.03	$1.81 ✓
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	-6.6%	0% ✓
Portfolio after 10y	$24.6K	$44.5K ✓
Annual income after 10y	$275.26	$2,587.35 ✓
Total dividends collected	$3.5K	$18.8K ✓
Payment frequency	quarterly	quarterly
Sector	Stock	ETF

Year-by-year: CWAFF vs RYLD ($10,000, DRIP)

Year	CWAFF Portfolio	CWAFF Income/yr	RYLD Portfolio	RYLD Income/yr	Gap
1← crossover	$11,112	$412.06	$11,914	$1,213.65	$802.00 → RYLD
2	$12,290	$399.68	$14,099	$1,351.30	$1.8K → RYLD
3	$13,536	$385.85	$16,580	$1,494.55	$3.0K → RYLD
4	$14,854	$370.96	$19,384	$1,642.61	$4.5K → RYLD
5	$16,249	$355.35	$22,535	$1,794.70	$6.3K → RYLD
6	$17,726	$339.32	$26,063	$1,950.00	$8.3K → RYLD
7	$19,290	$323.11	$29,995	$2,107.69	$10.7K → RYLD
8	$20,947	$306.93	$34,361	$2,266.99	$13.4K → RYLD
9	$22,704	$290.93	$39,194	$2,427.12	$16.5K → RYLD
10	$24,569	$275.26	$44,525	$2,587.35	$20.0K → RYLD

CWAFF vs RYLD: Complete Analysis 2026

CWAFF — Stock

China Water Affairs Group Limited, an investment holding company, engages in the water supply, environmental protection, and property businesses in the People's Republic of China. It operates through City Water Supply Operation and Construction, Environmental Protection, and Property Development and Investment segments. The City Water Supply Operation and Construction segment is involved in the provision of water supply operation and construction services. The Environmental Protection segment engages in the sewage treatment and drainage operation and construction, solid waste and hazardous waste, environmental sanitation, and water environment management businesses. The Property Development and Investment segment develops, sells, and invests in properties. It is also involved in the development and infrastructure of sightseeing area; provision of water environmental renovation infrastructure; constructs and operates drinking water; and investment, construction, and operation of water conservation and hydropower related projects, as well as energy conservation and environmental protection and hotel operations. The company was formerly known as China Silver Dragon Group Limited and changed its name to China Water Affairs Group Limited in December 2004. China Water Affairs Group Limited is headquartered in Wan Chai, Hong Kong.

Full CWAFF Calculator →

RYLD — ETF

The Global X Russell 2000 Covered Call ETF (RYLD) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe Russell 2000 BuyWrite Index.

Full RYLD 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.