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SPAQ vs FCPT: Dividend Comparison 2026

SPAQ yields 16.68% · FCPT yields 6.05%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 SPAQ wins by $10.4K in total portfolio value
10 years
SPAQ
SPAQ
● Live price
16.68%
Share price
$90.73
Annual div
$15.13
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$59.4K
Annual income
$4,644.89
Full SPAQ calculator →
FCPT
FCPT
● Live price
6.05%
Share price
$23.65
Annual div
$1.43
5Y div CAGR
15.8%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$49.1K
Annual income
$5,775.28
Full FCPT calculator →

Portfolio growth — SPAQ vs FCPT

📍 SPAQ 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 PeriodSPAQFCPT
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, SPAQ + FCPT cover 0 of 12 months — good coverage

Jan
—
Feb
—
Mar
—
Apr
—
May
—
Jun
—
Jul
—
Aug
—
Sep
—
Oct
—
Nov
—
Dec
—
SPAQ pays
FCPT pays
Both pay
Neither
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Tax Bracket Optimizer

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

SPAQ
Annual income on $10K today (after 15% tax)
$1,417.62/yr
After 10yr DRIP, annual income (after tax)
$3,948.16/yr
FCPT
Annual income on $10K today (after 15% tax)
$514.49/yr
After 10yr DRIP, annual income (after tax)
$4,908.99/yr
At 15% tax rate, FCPT beats the other by $960.83/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

What's the optimal mix of SPAQ + FCPT for your $10,000?

SPAQ: 50%FCPT: 50%
100% FCPT50/50100% SPAQ
Portfolio after 10yr
$54.2K
Annual income
$5,210.09/yr
Blended yield
9.60%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on FCPT right now

SPAQ
No analyst data
Altman Z
-0.0
Piotroski
0/9
FCPT
Analyst Ratings
5
Buy
10
Hold
Consensus: Hold
Price Target
$27.00
+14.2% upside vs current
Range: $25.00 — $29.00
Altman Z
1.4
Piotroski
6/9
Analyst ratings via FMP. Altman Z-Score: >3.0 safe, 1.81–3.0 grey zone, <1.81 distress. Piotroski: 7–9 strong, 0–3 weak.
🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

SPAQ buys
0
FCPT buys
0
No recent congressional trades found for SPAQ or FCPT in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricSPAQFCPT
Forward yield16.68% ✓6.05%
Annual dividend / share$15.13 ✓$1.43
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR0%15.8% ✓
Portfolio after 10y$59.4K ✓$49.1K
Annual income after 10y$4,644.89$5,775.28 ✓
Total dividends collected$30.6K ✓$24.1K
Payment frequencyquarterlyquarterly
SectorStockREIT

Year-by-year: SPAQ vs FCPT ($10,000, DRIP)

YearSPAQ PortfolioSPAQ Income/yrFCPT PortfolioFCPT Income/yrGap
1← crossover$12,368$1,667.79$11,401$700.92+$967.00 → SPAQ
2$15,161$1,927.74$13,064$864.84+$2.1K → SPAQ
3$18,431$2,208.56$15,051$1,072.48+$3.4K → SPAQ
4$22,231$2,509.23$17,442$1,337.22+$4.8K → SPAQ
5$26,615$2,828.49$20,340$1,677.08+$6.3K → SPAQ
6$31,643$3,164.83$23,880$2,116.57+$7.8K → SPAQ
7$37,375$3,516.54$28,241$2,689.36+$9.1K → SPAQ
8$43,873$3,881.78$33,660$3,442.07+$10.2K → SPAQ
9$51,202$4,258.57$40,456$4,439.95+$10.7K → SPAQ
10$59,431$4,644.89$49,063$5,775.28+$10.4K → SPAQ

SPAQ vs FCPT: Complete Analysis 2026

SPAQ — Stock

The Horizon Kinetics SPAC Active ETF seeks to generate realized capital gains on a risk-adjusted basis by investing in special purpose acquisition companies believed to generate net realized capital gains.

Full SPAQ Calculator →

FCPT — REIT

FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the acquisition and leasing of restaurant properties. The Company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries.

Full FCPT 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.