Is MLPAX or DVY a better dividend investment in 2026?

MLPAX currently yields 5.07% with a 5% 5-year dividend growth rate. DVY yields 3.50% with 5% growth. The better choice depends on your goal: MLPAX offers higher current income.

What is the dividend yield difference between MLPAX and DVY?

MLPAX has a forward dividend yield of 5.07% ($0.49/share annually). DVY yields 3.50% ($5.25/share annually). The yield gap is 1.57 percentage points.

Home › Compare › MLPAX vs DVY

MLPAX vs DVY: Dividend Comparison 2026

MLPAX yields 5.07% · DVY yields 3.50%● Live data

vsPost on X →

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

🏆 MLPAX wins by $2.8K in total portfolio value

INVESTMENT

TIME HORIZON10 years

MLPAX

● Live price

5.07%

Share price

$9.71

Annual div

$0.49

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$27.9K

Annual income

$700.61

Full MLPAX calculator →

DVY

● Live price

3.50%

Share price

$150.03

Annual div

$5.25

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$25.1K

Annual income

$437.78

Full DVY calculator →

Portfolio growth — MLPAX vs DVY

📍 MLPAX 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	MLPAX	DVY
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, MLPAX + DVY cover 0 of 12 months — good coverage

Jan

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Feb

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Mar

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Apr

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May

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Jun

—

Jul

—

Aug

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Sep

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Oct

—

Nov

—

Dec

—

MLPAX pays

DVY pays

Both pay

Neither

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Tax Bracket Optimizer

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

MLPAX

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

$430.69/yr

After 10yr DRIP, annual income (after tax)

$595.52/yr

DVY

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

$297.17/yr

After 10yr DRIP, annual income (after tax)

$372.11/yr

At 15% tax rate, MLPAX beats the other by $223.41/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 MLPAX + DVY for your $10,000?

MLPAX: 50%DVY: 50%

100% DVY50/50100% MLPAX

Portfolio after 10yr

$26.5K

Annual income

$569.19/yr

Blended yield

2.15%

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

MLPAX buys

DVY buys

No recent congressional trades found for MLPAX or DVY in the last 90 days.

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

MetricMLPAXDVY

Forward yield	5.07% ✓	3.50%
Annual dividend / share	$0.49	$5.25 ✓
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	0%
Portfolio after 10y	$27.9K ✓	$25.1K
Annual income after 10y	$700.61 ✓	$437.78
Total dividends collected	$6.1K ✓	$4.0K
Payment frequency	quarterly	quarterly
Sector	Stock	ETF

Year-by-year: MLPAX vs DVY ($10,000, DRIP)

Year	MLPAX Portfolio	MLPAX Income/yr	DVY Portfolio	DVY Income/yr	Gap
1← crossover	$11,207	$506.69	$11,050	$349.62	+$157.00 → MLPAX
2	$12,522	$530.69	$12,184	$361.04	+$338.00 → MLPAX
3	$13,953	$554.17	$13,409	$372.07	+$544.00 → MLPAX
4	$15,506	$577.10	$14,730	$382.68	+$776.00 → MLPAX
5	$17,191	$599.40	$16,154	$392.89	+$1.0K → MLPAX
6	$19,016	$621.06	$17,688	$402.69	+$1.3K → MLPAX
7	$20,989	$642.03	$19,338	$412.07	+$1.7K → MLPAX
8	$23,120	$662.29	$21,113	$421.04	+$2.0K → MLPAX
9	$25,420	$681.82	$23,020	$429.61	+$2.4K → MLPAX
10	$27,901	$700.61	$25,070	$437.78	+$2.8K → MLPAX

MLPAX vs DVY: Complete Analysis 2026

MLPAX — Stock

The fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in MLP investments of issuers that are engaged in the transportation, storage, processing, refining, marketing, exploration, production, and mining of minerals and natural resources and in derivatives and other instruments that have economic characteristics similar to such securities. The fund is non-diversified.

Full MLPAX Calculator →

DVY — ETF

The iShares Select Dividend ETF seeks to track the investment results of an index composed of relatively high dividend paying U.S. equities.

Full DVY 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.