Is MRGAX or JEPQ a better dividend investment in 2026?

MRGAX currently yields 14.18% with a 5% 5-year dividend growth rate. JEPQ yields 11.10% with 5% growth. The better choice depends on your goal: MRGAX offers higher current income.

What is the dividend yield difference between MRGAX and JEPQ?

MRGAX has a forward dividend yield of 14.18% ($6.79/share annually). JEPQ yields 11.10% ($6.16/share annually). The yield gap is 3.08 percentage points.

Home › Compare › MRGAX vs JEPQ

MRGAX vs JEPQ: Dividend Comparison 2026

MRGAX yields 14.18% · JEPQ yields 11.10%● Live data

vsPost on X →

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

🏆 MRGAX wins by $6.0K in total portfolio value

INVESTMENT

TIME HORIZON10 years

MRGAX

● Live price

14.18%

Share price

$47.91

Annual div

$6.79

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$50.7K

Annual income

$3,411.24

Full MRGAX 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 — MRGAX vs JEPQ

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

Jan

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Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

MRGAX 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.

MRGAX

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

$1,205.01/yr

After 10yr DRIP, annual income (after tax)

$2,899.55/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, MRGAX beats the other by $1,069.85/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 MRGAX + JEPQ for your $10,000?

MRGAX: 50%JEPQ: 50%

100% JEPQ50/50100% MRGAX

Portfolio after 10yr

$47.8K

Annual income

$2,781.91/yr

Blended yield

5.82%

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

MRGAX buys

JEPQ buys

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

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

MetricMRGAXJEPQ

Forward yield	14.18% ✓	11.10%
Annual dividend / share	$6.79 ✓	$6.16
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	0%
Portfolio after 10y	$50.7K ✓	$44.8K
Annual income after 10y	$3,411.24 ✓	$2,152.59
Total dividends collected	$23.7K ✓	$16.3K
Payment frequency	quarterly	monthly
Sector	Stock	ETF

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

Year	MRGAX Portfolio	MRGAX Income/yr	JEPQ Portfolio	JEPQ Income/yr	Gap
1← crossover	$12,118	$1,417.65	$11,930	$1,110.39	+$188.00 → MRGAX
2	$14,571	$1,605.48	$14,133	$1,224.34	+$438.00 → MRGAX
3	$17,396	$1,804.28	$16,632	$1,340.46	+$764.00 → MRGAX
4	$20,626	$2,013.07	$19,454	$1,457.97	+$1.2K → MRGAX
5	$24,301	$2,230.79	$22,626	$1,576.08	+$1.7K → MRGAX
6	$28,458	$2,456.27	$26,175	$1,694.09	+$2.3K → MRGAX
7	$33,139	$2,688.30	$30,133	$1,811.32	+$3.0K → MRGAX
8	$38,384	$2,925.64	$34,531	$1,927.17	+$3.9K → MRGAX
9	$44,238	$3,167.03	$39,403	$2,041.08	+$4.8K → MRGAX
10	$50,746	$3,411.24	$44,787	$2,152.59	+$6.0K → MRGAX

MRGAX vs JEPQ: Complete Analysis 2026

MRGAX — Stock

The investment seeks capital appreciation. The fund normally invests at least 80% of the fund's net assets in equity securities. It may invest the fund's assets in the stocks of companies the adviser believes to have above average earnings growth potential compared to other companies (growth companies), in the stocks of companies the adviser believes are undervalued compared to their perceived worth (value companies), or in a combination of growth and value companies.

Full MRGAX 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.