Is MLPO or RYLD a better dividend investment in 2026?

MLPO currently yields 13.42% with a 5% 5-year dividend growth rate. RYLD yields 12.14% with 5% growth. The better choice depends on your goal: MLPO offers higher current income.

What is the dividend yield difference between MLPO and RYLD?

MLPO has a forward dividend yield of 13.42% ($2.00/share annually). RYLD yields 12.14% ($1.81/share annually). The yield gap is 1.28 percentage points.

Home › Compare › MLPO vs RYLD

MLPO vs RYLD: Dividend Comparison 2026

MLPO yields 13.42% · RYLD yields 12.14%● Live data

vsPost on X →

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

🏆 MLPO wins by $3.8K in total portfolio value

INVESTMENT

TIME HORIZON10 years

MLPO

● Live price

13.42%

Share price

$14.90

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$48.4K

Annual income

$3,089.19

Full MLPO calculator →

RYLD

● Live price

12.14%

Share price

$14.95

Annual div

$1.81

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$44.5K

Annual income

$2,587.35

Full RYLD calculator →

Portfolio growth — MLPO vs RYLD

📍 MLPO 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	MLPO	RYLD
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, MLPO + RYLD cover 0 of 12 months — good coverage

Jan

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Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

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Sep

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Oct

—

Nov

—

Dec

—

MLPO pays

RYLD pays

Both pay

Neither

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Tax Bracket Optimizer

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

MLPO

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

$1,140.94/yr

After 10yr DRIP, annual income (after tax)

$2,625.81/yr

RYLD

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

$1,031.60/yr

After 10yr DRIP, annual income (after tax)

$2,199.25/yr

At 15% tax rate, MLPO beats the other by $426.56/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 MLPO + RYLD for your $10,000?

MLPO: 50%RYLD: 50%

100% RYLD50/50100% MLPO

Portfolio after 10yr

$46.4K

Annual income

$2,838.26/yr

Blended yield

6.11%

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

MLPO buys

RYLD buys

No recent congressional trades found for MLPO or RYLD in the last 90 days.

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

MetricMLPORYLD

Forward yield	13.42% ✓	12.14%
Annual dividend / share	$2.00 ✓	$1.81
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	0%
Portfolio after 10y	$48.4K ✓	$44.5K
Annual income after 10y	$3,089.19 ✓	$2,587.35
Total dividends collected	$21.8K ✓	$18.8K
Payment frequency	quarterly	quarterly
Sector	Stock	ETF

Year-by-year: MLPO vs RYLD ($10,000, DRIP)

Year	MLPO Portfolio	MLPO Income/yr	RYLD Portfolio	RYLD Income/yr	Gap
1← crossover	$12,042	$1,342.28	$11,914	$1,213.65	+$128.00 → MLPO
2	$14,396	$1,510.67	$14,099	$1,351.30	+$297.00 → MLPO
3	$17,091	$1,687.78	$16,580	$1,494.55	+$511.00 → MLPO
4	$20,161	$1,872.71	$19,384	$1,642.61	+$777.00 → MLPO
5	$23,636	$2,064.48	$22,535	$1,794.70	+$1.1K → MLPO
6	$27,553	$2,262.05	$26,063	$1,950.00	+$1.5K → MLPO
7	$31,946	$2,464.38	$29,995	$2,107.69	+$2.0K → MLPO
8	$36,852	$2,670.37	$34,361	$2,266.99	+$2.5K → MLPO
9	$42,311	$2,878.99	$39,194	$2,427.12	+$3.1K → MLPO
10	$48,362	$3,089.19	$44,525	$2,587.35	+$3.8K → MLPO

MLPO vs RYLD: Complete Analysis 2026

MLPO — Stock

The index includes both master limited partnerships and publicly traded limited liability companies. In addition, the ETNs allow investors the potential to receive quarterly coupons that generally reflect the net cash distributions made by the index constituents, reduced by the application of the fees.

Full MLPO Calculator →

RYLD — ETF

The Global X Russell 2000 Covered Call ETF (RYLD) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe Russell 2000 BuyWrite Index.

Full RYLD 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.