Is MCVT or JEPQ a better dividend investment in 2026?

MCVT currently yields 32.73% with a 5% 5-year dividend growth rate. JEPQ yields 11.10% with 5% growth. The better choice depends on your goal: MCVT offers higher current income.

What is the dividend yield difference between MCVT and JEPQ?

MCVT has a forward dividend yield of 32.73% ($2.00/share annually). JEPQ yields 11.10% ($6.16/share annually). The yield gap is 21.63 percentage points.

Home › Compare › MCVT vs JEPQ

MCVT vs JEPQ: Dividend Comparison 2026

MCVT yields 32.73% · JEPQ yields 11.10%● Live data

vsPost on X →

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

🏆 MCVT wins by $2874404171.15M in total portfolio value

INVESTMENT

TIME HORIZON10 years

MCVT

● Live price

32.73%

Share price

$6.11

Annual div

$2.00

5Y div CAGR

100%

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$2874404171.20M

Annual income

$2,857,633,303,479,946.00

Full MCVT calculator →

JEPQ

JPMorgan Nasdaq Equity Premium Income ETF

● Live price

11.10%

Share price

$55.52

Annual div

$6.16

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$44.8K

Annual income

$2,152.59

Full JEPQ calculator →

Portfolio growth — MCVT vs JEPQ

📍 MCVT 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	MCVT	JEPQ
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, MCVT + JEPQ cover 0 of 12 months — good coverage

Jan

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Feb

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Mar

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Apr

—

May

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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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MCVT pays

JEPQ pays

Both pay

Neither

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Tax Bracket Optimizer

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

MCVT

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

$2,782.32/yr

After 10yr DRIP, annual income (after tax)

$2,428,988,307,957,954.00/yr

JEPQ

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

$943.83/yr

After 10yr DRIP, annual income (after tax)

$1,829.70/yr

At 15% tax rate, MCVT beats the other by $2,428,988,307,956,124.50/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 MCVT + JEPQ for your $10,000?

MCVT: 50%JEPQ: 50%

100% JEPQ50/50100% MCVT

Portfolio after 10yr

$1437202085.62M

Annual income

$1,428,816,651,741,049.20/yr

Blended yield

99.42%

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Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

MCVT buys

JEPQ buys

No recent congressional trades found for MCVT or JEPQ in the last 90 days.

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

MetricMCVTJEPQ

Forward yield	32.73% ✓	11.10%
Annual dividend / share	$2.00	$6.16 ✓
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	100% ✓	0%
Portfolio after 10y	$2874404171.20M ✓	$44.8K
Annual income after 10y	$2,857,633,303,479,946.00 ✓	$2,152.59
Total dividends collected	$2873295668.87M ✓	$16.3K
Payment frequency	quarterly	monthly
Sector	Stock	ETF

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

Year	MCVT Portfolio	MCVT Income/yr	JEPQ Portfolio	JEPQ Income/yr	Gap
1← crossover	$17,247	$6,546.64	$11,930	$1,110.39	+$5.3K → MCVT
2	$39,558	$21,104.24	$14,133	$1,224.34	+$25.4K → MCVT
3	$132,806	$90,478.86	$16,632	$1,340.46	+$116.2K → MCVT
4	$709,876	$567,773.85	$19,454	$1,457.97	+$690.4K → MCVT
5	$6,432,223	$5,672,654.93	$22,626	$1,576.08	+$6.41M → MCVT
6	$102,957,599	$96,075,120.78	$26,175	$1,694.09	+$102.93M → MCVT
7	$2,984,612,887	$2,874,448,255.75	$30,133	$1,811.32	+$2984.58M → MCVT
8	$158,944,346,797	$155,750,811,008.22	$34,531	$1,927.17	+$158944.31M → MCVT
9	$15,673,708,146,964	$15,503,637,695,891.72	$39,403	$2,041.08	+$15673708.11M → MCVT
10	$2,874,404,171,197,198	$2,857,633,303,479,946.00	$44,787	$2,152.59	+$2874404171.15M → MCVT

MCVT vs JEPQ: Complete Analysis 2026

MCVT — Stock

Mill City Ventures III, Ltd. is a principal investment firm specializing investments in debt and equity securities of public and private companies to fund their operations whether its start-up, acquisition, or growth. It primarily focuses on investing in, lending to, and making managerial assistance available to privately held and publicly traded companies. The firm also advises its portfolio companies with regard to finance and operations. It was formerly known as Poker Magic, Inc. Mill City Ventures III, Ltd. was founded in January, 2006 and is based in Wayzata, Minnesota.

Full MCVT Calculator →

JEPQ — ETF

The fund seeks to achieve this objective by (1) creating an actively managed portfolio of equity securities comprised significantly of those included in the fund’s primary benchmark, the Nasdaq-100 Index (the Benchmark), and (2) through equity-linked notes (ELNs), selling call options with exposure to the Benchmark. It is non-diversified.

Full JEPQ 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.