Is ELV or IP a better dividend investment in 2026?

ELV currently yields 2.41% with a 5% 5-year dividend growth rate. IP yields 5.29% with 5% growth. The better choice depends on your goal: IP offers higher current income.

What is the dividend yield difference between ELV and IP?

ELV has a forward dividend yield of 2.41% ($6.85/share annually). IP yields 5.29% ($1.85/share annually). The yield gap is 2.88 percentage points.

Home › Compare › ELV vs IP

ELV vs IP: Dividend Comparison 2026

ELV yields 2.41% · IP yields 5.29%● Live data

vsPost on X →

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

🏆 ELV wins by $6.69M in total portfolio value· pulled ahead in Year 2

INVESTMENT

TIME HORIZON10 years

ELV

● Live price

2.41%

Share price

$284.79

Annual div

$6.85

5Y div CAGR

81.2%

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$6.71M

Annual income

$5,527,549.53

Full ELV calculator →

● Live price

5.29%

Share price

$35.00

Annual div

$1.85

5Y div CAGR

-10%

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$24.7K

Annual income

$229.13

Full IP calculator →

Portfolio growth — ELV vs IP

📍 ELV pulled ahead of the other in Year 2

Annual dividend income

🛡️

Recession Test — Did They Cut Dividends?

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

Crisis Period	ELV	IP
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, ELV + IP cover 0 of 12 months — good coverage

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

ELV pays

IP pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

ELV

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

$204.45/yr

After 10yr DRIP, annual income (after tax)

$4,698,417.10/yr

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

$449.29/yr

After 10yr DRIP, annual income (after tax)

$194.76/yr

At 15% tax rate, ELV beats the other by $4,698,222.34/year in after-tax income after 10 years on $10,000

⚖️

Lazy Portfolio Split Optimizer

What's the optimal mix of ELV + IP for your $10,000?

ELV: 50%IP: 50%

100% IP50/50100% ELV

Portfolio after 10yr

$3.37M

Annual income

$2,763,889.33/yr

Blended yield

82.05%

📊

Analyst Conviction Gap

Where Wall Street is most bullish on ELV right now

ELV

Analyst Ratings

Buy

Hold

Consensus: Buy

Price Target

$382.64

+34.4% upside vs current

Range: $332.00 — $425.00

Altman Z

2.8

Piotroski

6/9

Analyst Ratings

Buy

Hold

Sell

Consensus: Buy

Price Target

$47.97

+37.1% upside vs current

Range: $40.00 — $57.80

Altman Z

1.1

Piotroski

3/9

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)

ELV buys

IP buys

No recent congressional trades found for ELV or IP in the last 90 days.

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

MetricELVIP

Forward yield	2.41%	5.29% ✓
Annual dividend / share	$6.85 ✓	$1.85
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	81.2% ✓	-10%
Portfolio after 10y	$6.71M	$24.7K ✓
Annual income after 10y	$5,527,549.53 ✓	$229.13
Total dividends collected	$6.59M ✓	$3.5K
Payment frequency	quarterly	quarterly
Sector	Healthcare	Materials
Analyst consensus	Buy	Buy
Analyst price target	$382.64 ✓	$47.97

Year-by-year: ELV vs IP ($10,000, DRIP)

Year	ELV Portfolio	ELV Income/yr	IP Portfolio	IP Income/yr	Gap
1	$11,136	$435.84	$11,176	$475.71	$40.00 → IP
2← crossover	$12,737	$821.90	$12,405	$447.18	+$332.00 → ELV
3	$15,221	$1,592.02	$13,691	$417.51	+$1.5K → ELV
4	$19,508	$3,221.71	$15,037	$387.58	+$4.5K → ELV
5	$27,866	$6,992.55	$16,448	$358.05	+$11.4K → ELV
6	$46,732	$16,915.05	$17,928	$329.42	+$28.8K → ELV
7	$98,041	$48,037.84	$19,485	$302.02	+$78.6K → ELV
8	$275,572	$170,668.09	$21,126	$276.10	+$254.4K → ELV
9	$1,107,233	$812,370.71	$22,856	$251.78	+$1.08M → ELV
10	$6,712,288	$5,527,549.53	$24,685	$229.13	+$6.69M → ELV

ELV vs IP: Complete Analysis 2026

ELV — Healthcare

Elevance Health Inc. operates as a health benefits company. It supports consumers, families, and communities across the entire care journey connecting to the care, support, and resources to lead healthier lives. It serves approximately 118 million people through a portfolio of medical, digital, pharmacy, behavioral, clinical, and care solutions. The company was formerly known as Anthem, Inc. and changed its name to Elevance Health Inc. in June 2022. Elevance Health Inc. was founded in 1944 and is headquartered in Indianapolis, Indiana.

Full ELV Calculator →

IP — Materials

International Paper Company operates as a packaging company primarily in United States, the Middle East, Europe, Africa, Pacific Rim, Asia, and rest of the Americas. It operates through two segments: Industrial Packaging and Global Cellulose Fibers. The Industrial Packaging segment manufactures containerboards, including linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft. The Global Cellulose Fibers segment provides fluff, market, and specialty pulps that are used in absorbent hygiene products, such as baby diapers, feminine care, adult incontinence, and other non-woven products; tissue and paper products; and non-absorbent end applications, including textiles, filtration, construction material, paints and coatings, reinforced plastics, and other applications. It sells its products directly to end users and converters, as well as through agents, resellers, and paper distributors. The company was founded in 1898 and is headquartered in Memphis, Tennessee.

Full IP 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.