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MFGI vs SPHD: Dividend Comparison 2026

MFGI yields 2.26% · SPHD yields 4.33%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 MFGI wins by $201.1K in total portfolio value· pulled ahead in Year 2
10 years
MFGI
MFGI
● Live price
2.26%
Share price
$35.00
Annual div
$0.79
5Y div CAGR
56.2%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$227.6K
Annual income
$113,362.76
Full MFGI calculator →
SPHD
SPHD
● Live price
4.33%
Share price
$49.34
Annual div
$2.14
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$26.5K
Annual income
$571.32
Full SPHD calculator →

Portfolio growth — MFGI vs SPHD

📍 MFGI pulled ahead of the other in Year 2

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 PeriodMFGISPHD
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, MFGI + SPHD cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
MFGI pays
SPHD pays
Both pay
Neither
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Tax Bracket Optimizer

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

MFGI
Annual income on $10K today (after 15% tax)
$191.86/yr
After 10yr DRIP, annual income (after tax)
$96,358.35/yr
SPHD
Annual income on $10K today (after 15% tax)
$367.92/yr
After 10yr DRIP, annual income (after tax)
$485.62/yr
At 15% tax rate, MFGI beats the other by $95,872.72/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

What's the optimal mix of MFGI + SPHD for your $10,000?

MFGI: 50%SPHD: 50%
100% SPHD50/50100% MFGI
Portfolio after 10yr
$127.1K
Annual income
$56,967.04/yr
Blended yield
44.83%
🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

MFGI buys
0
SPHD buys
0
No recent congressional trades found for MFGI or SPHD in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricMFGISPHD
Forward yield2.26%4.33%
Annual dividend / share$0.79$2.14
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR56.2%0%
Portfolio after 10y$227.6K$26.5K
Annual income after 10y$113,362.76$571.32
Total dividends collected$195.5K$5.1K
Payment frequencyquarterlyquarterly
SectorStockETF

Year-by-year: MFGI vs SPHD ($10,000, DRIP)

YearMFGI PortfolioMFGI Income/yrSPHD PortfolioSPHD Income/yrGap
1$11,053$352.57$11,133$432.85$80.00SPHD
2← crossover$12,395$568.85$12,363$450.36+$32.00MFGI
3$14,194$931.29$13,695$467.39+$499.00MFGI
4$16,744$1,556.82$15,138$483.90+$1.6KMFGI
5$20,598$2,681.02$16,697$499.88+$3.9KMFGI
6$26,854$4,814.40$18,382$515.31+$8.5KMFGI
7$37,896$9,162.83$20,198$530.17+$17.7KMFGI
8$59,426$18,876.39$22,157$544.46+$37.3KMFGI
9$106,796$43,210.69$24,266$558.18+$82.5KMFGI
10$227,634$113,362.76$26,536$571.32+$201.1KMFGI

MFGI vs SPHD: Complete Analysis 2026

MFGIStock

Merchants Financial Group, Inc. operates as the bank holding company for Merchants Bank, National Association that provides various banking products and services to individuals and families, and companies in the United States. It offers checking, savings, certificates of deposit, and individual retirement accounts; and debit, gift, travel, and credit cards. The company also provides personal loans for cars and autos, boats, trailers, motorcycles, tractors, or RVs; furniture or appliances; debt consolidation services; mortgage, construction, home equity, term, commercial and residential real estate, equipment finance, floor plan, fleet/truck, small business, farming/start-up, and other loans, as well as finance for farming operations, including working capital and input costs, equipment, capital improvements, and others. In addition, it offers investment and trust, treasury management, and mobile and online banking services. It operates branches in Winona, Goodview, Rushford, Lanesboro, St. Charles, Rochester, La Crescent, Caledonia, Spring Grove, Cannon Falls, Red Wing, Hampton, Hastings, Apple Valley, Lakeville, Cottage Grove, Rosemount, and Northfield, Minnesota; and Onalaska and Eau Claire, Wisconsin. The company was founded in 1875 and is headquartered in Winona, Minnesota.

Full MFGI Calculator →

SPHDETF

The Invesco S&P 500 High Dividend Low Volatility ETF (Fund) is based on the S&P 500 Low Volatility High Dividend Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. Standard & Poor's compiles, maintains and calculates the Index, which is composed of 50 securities traded on the S&P 500 Index that historically have provided high dividend yields and low volatility. The Fund and the Index are rebalanced and reconstituted semi-annually, in January and July.

Full SPHD 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.