Is SPIIX or ORCC a better dividend investment in 2026?

SPIIX currently yields 8.82% with a 5% 5-year dividend growth rate. ORCC yields 4.00% with 5% growth. The better choice depends on your goal: SPIIX offers higher current income.

What is the dividend yield difference between SPIIX and ORCC?

SPIIX has a forward dividend yield of 8.82% ($8.65/share annually). ORCC yields 4.00% ($2.00/share annually). The yield gap is 4.82 percentage points.

Home › Compare › SPIIX vs ORCC

SPIIX vs ORCC: Dividend Comparison 2026

SPIIX yields 8.82% · ORCC yields 4.00%● Live data

vsPost on X →

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

🏆 SPIIX wins by $7.8K in total portfolio value

INVESTMENT

TIME HORIZON10 years

SPIIX

● Live price

8.82%

Share price

$98.06

Annual div

$8.65

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$35.9K

Annual income

$1,539.47

Full SPIIX calculator →

ORCC

● Live price

4.00%

Share price

$50.00

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$28.0K

Annual income

$899.19

Full ORCC calculator →

Portfolio growth — SPIIX vs ORCC

📍 SPIIX 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	SPIIX	ORCC
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, SPIIX + ORCC cover 0 of 12 months — good coverage

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

SPIIX pays

ORCC pays

Both pay

Neither

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Tax Bracket Optimizer

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

SPIIX

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

$749.92/yr

After 10yr DRIP, annual income (after tax)

$1,308.55/yr

ORCC

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

$340.00/yr

After 10yr DRIP, annual income (after tax)

$764.31/yr

At 15% tax rate, SPIIX beats the other by $544.24/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 SPIIX + ORCC for your $10,000?

SPIIX: 50%ORCC: 50%

100% ORCC50/50100% SPIIX

Portfolio after 10yr

$32.0K

Annual income

$1,219.33/yr

Blended yield

3.82%

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Analyst Conviction Gap

Where Wall Street is most bullish on ORCC right now

SPIIX

No analyst data

ORCC

Analyst Ratings

Buy

Hold

Sell

Consensus: Buy

Price Target

$16.00

-68.0% upside vs current

Range: $16.00 — $16.00

Altman Z

0.5

Piotroski

5/9

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.

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Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

SPIIX buys

ORCC buys

No recent congressional trades found for SPIIX or ORCC in the last 90 days.

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

MetricSPIIXORCC

Forward yield	8.82% ✓	4.00%
Annual dividend / share	$8.65 ✓	$2.00
Payout ratio	50%	50%
1-year div growth	0%	5% ✓
5-year div CAGR	0%	5% ✓
Portfolio after 10y	$35.9K ✓	$28.0K
Annual income after 10y	$1,539.47 ✓	$899.19
Total dividends collected	$12.1K ✓	$6.4K
Payment frequency	quarterly	quarterly
Sector	Stock	BDC

Year-by-year: SPIIX vs ORCC ($10,000, DRIP)

Year	SPIIX Portfolio	SPIIX Income/yr	ORCC Portfolio	ORCC Income/yr	Gap
1← crossover	$11,582	$882.26	$11,120	$420.00	+$462.00 → SPIIX
2	$13,348	$955.00	$12,357	$458.31	+$991.00 → SPIIX
3	$15,311	$1,028.59	$13,721	$499.76	+$1.6K → SPIIX
4	$17,485	$1,102.67	$15,227	$544.58	+$2.3K → SPIIX
5	$19,886	$1,176.89	$16,885	$593.02	+$3.0K → SPIIX
6	$22,529	$1,250.92	$18,713	$645.34	+$3.8K → SPIIX
7	$25,431	$1,324.46	$20,724	$701.81	+$4.7K → SPIIX
8	$28,608	$1,397.23	$22,938	$762.73	+$5.7K → SPIIX
9	$32,080	$1,468.97	$25,372	$828.41	+$6.7K → SPIIX
10	$35,865	$1,539.47	$28,047	$899.19	+$7.8K → SPIIX

SPIIX vs ORCC: Complete Analysis 2026

SPIIX — Stock

The investment seeks investment results that correspond to the aggregate price and dividend performance of the securities in the S&P 500 Index. The fund invests substantially all of its assets (at least 80%) in securities listed in the S&P 500 Index, which is composed of approximately 500 leading U.S. publicly traded companies from a broad range of industries (mostly common stocks). The manager expects the fund's investment result to correspond to the aggregate price and dividend performance of the S&P 500 Index before the fees and expenses of the fund. The fund generally gives the same weight to a given stock as the S&P 500 Index does.

Full SPIIX Calculator →

ORCC — BDC

ORCC is a dividend-paying stock. Use this calculator to estimate your future dividend income, DRIP compounding returns, and passive income potential from investing in ORCC shares.

Full ORCC 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.