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JEPQ vs MO: Dividend Comparison 2026

JEPQ yields 8.21% · MO yields 9.11% · See full DRIP projection below

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After 10 years · $10,000 invested · DRIP enabled
🏆 JEPQ wins by $15.5K in total portfolio value
10 years
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
8.21%
Share price
$54.80
Annual div
$4.50
5Y div CAGR
5%
Payout ratio
75%
After 10 yrs · $10,000 · DRIP
Portfolio value
$43.2K
Annual income
$2,477.16
Full JEPQ calculator →
MO
Altria Group Inc.
9.11%
Share price
$44.80
Annual div
$4.08
5Y div CAGR
4.3%
Payout ratio
78%
After 10 yrs · $10,000 · DRIP
Portfolio value
$27.7K
Annual income
$4,052.72
Full MO calculator →

Portfolio growth — JEPQ vs MO

Annual dividend income

MetricJEPQMO
Forward yield8.21%9.11%
Annual dividend / share$4.50$4.08
Payout ratio75%78%
1-year div growth2.1%4.1%
5-year div CAGR5%4.3%
Portfolio after 10y$43.2K$27.7K
Annual income after 10y$2,477.16$4,052.72
Total dividends collected$15.6K$20.9K
Payment frequencymonthlyquarterly
SectorETFConsumer Staples

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

YearJEPQ PortfolioJEPQ Income/yrMO PortfolioMO Income/yrGap
1$11,682$862.23$10,740$949.88+$942.00JEPQ
2$13,618$977.48$11,601$1,086.84+$2.0KJEPQ
3$15,840$1,105.73$12,608$1,250.75+$3.2KJEPQ
4$18,387$1,248.14$13,792$1,448.20+$4.6KJEPQ
5$21,301$1,405.99$15,190$1,687.69+$6.1KJEPQ
6$24,628$1,580.62$16,851$1,980.28+$7.8KJEPQ
7$28,421$1,773.47$18,838$2,340.48+$9.6KJEPQ
8$32,738$1,986.07$21,230$2,787.44+$11.5KJEPQ
9$37,642$2,220.06$24,130$3,346.72+$13.5KJEPQ
10$43,206$2,477.16$27,676$4,052.72+$15.5KJEPQ

JEPQ vs MO: Complete Analysis 2026

JEPQETF

JEPQ applies JEPI's covered call strategy to Nasdaq 100 stocks, providing high monthly income with tech sector exposure. Higher growth potential than JEPI with comparable income. With $15B+ in AUM, it's rapidly becoming a favorite for growth-income hybrid investors.

Full JEPQ Calculator →

MOConsumer Staples

Altria is a Dividend King with 54+ consecutive years of dividend increases — one of the longest streaks in American corporate history. While cigarette volumes decline, pricing power and new product categories (oral nicotine pouches via NJOY) support cash flows. The near-9% yield is among the highest in the S&P 500.

Full MO Calculator →

Frequently Asked Questions

Is JEPQ or MO better for dividend income in 2026?
JEPQ currently offers a 8.21% yield (4.50/share/year) while MO offers 9.11% (4.08/share/year). MO provides higher current income. However, JEPQ has grown its dividend faster (5% 5Y CAGR), which may lead to better long-term income through compounding.
How much would $10,000 in JEPQ vs MO earn per year?
With $10,000 invested today: JEPQ pays approximately $821/year. MO pays approximately $911/year. With DRIP reinvestment over 10 years, these grow to $2,477/year (JEPQ) and $4,053/year (MO).
Does JEPQ or MO pay monthly dividends?
JEPQ pays monthly dividends. MO pays quarterly dividends. JEPQ pays monthly, which is preferred by investors who need regular cash flow.
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⚠️ Educational purposes only. Not financial advice. All projections use historical data; actual results will vary.