Is MLMLF or JEPQ a better dividend investment in 2026?

MLMLF currently yields 2047.08% with a 5% 5-year dividend growth rate. JEPQ yields 11.10% with 5% growth. The better choice depends on your goal: MLMLF offers higher current income.

What is the dividend yield difference between MLMLF and JEPQ?

MLMLF has a forward dividend yield of 2047.08% ($2.00/share annually). JEPQ yields 11.10% ($6.16/share annually). The yield gap is 2035.98 percentage points.

Home › Compare › MLMLF vs JEPQ

MLMLF vs JEPQ: Dividend Comparison 2026

MLMLF yields 2047.08% · JEPQ yields 11.10%● Live data

vsPost on X →

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

🏆 MLMLF wins by $12346572116.92M in total portfolio value

INVESTMENT

TIME HORIZON10 years

MLMLF

● Live price

2047.08%

Share price

$0.10

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$12346572116.96M

Annual income

$11,264,140,648,675,462.00

Full MLMLF 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 — MLMLF vs JEPQ

📍 MLMLF 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	MLMLF	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, MLMLF + 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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MLMLF 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.

MLMLF

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

$174,002.05/yr

After 10yr DRIP, annual income (after tax)

$9,574,519,551,374,142.00/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, MLMLF beats the other by $9,574,519,551,372,312.00/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 MLMLF + JEPQ for your $10,000?

MLMLF: 50%JEPQ: 50%

100% JEPQ50/50100% MLMLF

Portfolio after 10yr

$6173286058.50M

Annual income

$5,632,070,324,338,807.00/yr

Blended yield

91.23%

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

MLMLF buys

JEPQ buys

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

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

MetricMLMLFJEPQ

Forward yield	2047.08% ✓	11.10%
Annual dividend / share	$2.00	$6.16 ✓
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	0%
Portfolio after 10y	$12346572116.96M ✓	$44.8K
Annual income after 10y	$11,264,140,648,675,462.00 ✓	$2,152.59
Total dividends collected	$12269881710.22M ✓	$16.3K
Payment frequency	quarterly	monthly
Sector	Stock	ETF

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

Year	MLMLF Portfolio	MLMLF Income/yr	JEPQ Portfolio	JEPQ Income/yr	Gap
1← crossover	$215,408	$204,708.29	$11,930	$1,110.39	+$203.5K → MLMLF
2	$4,351,596	$4,121,108.69	$14,133	$1,224.34	+$4.34M → MLMLF
3	$82,462,801	$77,806,593.51	$16,632	$1,340.46	+$82.45M → MLMLF
4	$1,466,212,867	$1,377,977,670.10	$19,454	$1,457.97	+$1466.19M → MLMLF
5	$24,466,837,041	$22,897,989,273.50	$22,626	$1,576.08	+$24466.81M → MLMLF
6	$383,283,234,487	$357,103,718,853.20	$26,175	$1,694.09	+$383283.21M → MLMLF
7	$5,638,317,826,915	$5,228,204,766,013.68	$30,133	$1,811.32	+$5638317.80M → MLMLF
8	$77,911,423,234,974	$71,878,423,160,175.47	$34,531	$1,927.17	+$77911423.20M → MLMLF
9	$1,011,618,194,660,301	$928,252,971,798,878.10	$39,403	$2,041.08	+$1011618194.62M → MLMLF
10	$12,346,572,116,961,984	$11,264,140,648,675,462.00	$44,787	$2,152.59	+$12346572116.92M → MLMLF

MLMLF vs JEPQ: Complete Analysis 2026

MLMLF — Stock

McFarlane Lake Mining Limited acquires, explores, and develops gold properties in Canada. It holds an option agreement to acquire 100% interest in the High Lake mineral property located east of the Ontario-Manitoba border; West Hawk Lake mineral property located within Southwestern Manitoba; the McMillan mineral property located within Northeastern Ontario; Mongowin property located in Northeastern Ontario; and the Michaud/Munro properties located in Matheson, Ontarios. McFarlane Lake Mining Limited is headquartered in Sudbury, Canada.

Full MLMLF 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.