HomeCompareSPLPP vs ADC

SPLPP vs ADC: Dividend Comparison 2026

SPLPP yields 5.93% · ADC yields 4.11%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 ADC wins by $147.4K in total portfolio value· pulled ahead in Year 4
10 years
SPLPP
SPLPP
● Live price
5.93%
Share price
$25.29
Annual div
$1.50
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$29.6K
Annual income
$865.69
Full SPLPP calculator →
ADC
Agree Realty Corporation
● Live price
4.11%
Share price
$75.38
Annual div
$3.10
5Y div CAGR
40.4%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$176.9K
Annual income
$79,647.25
Full ADC calculator →

Portfolio growth — SPLPP vs ADC

📍 ADC pulled ahead of the other in Year 4

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 PeriodSPLPPADC
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%.
📅

Dividend Calendar Overlap

Combined, SPLPP + ADC cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
SPLPP pays
ADC pays
Both pay
Neither
💰

Tax Bracket Optimizer

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

SPLPP
Annual income on $10K today (after 15% tax)
$504.15/yr
After 10yr DRIP, annual income (after tax)
$735.84/yr
ADC
Annual income on $10K today (after 15% tax)
$349.45/yr
After 10yr DRIP, annual income (after tax)
$67,700.16/yr
At 15% tax rate, ADC beats the other by $66,964.33/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

What's the optimal mix of SPLPP + ADC for your $10,000?

SPLPP: 50%ADC: 50%
100% ADC50/50100% SPLPP
Portfolio after 10yr
$103.3K
Annual income
$40,256.47/yr
Blended yield
38.99%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on ADC right now

SPLPP
No analyst data
Altman Z
1.2
Piotroski
8/9
ADC
Analyst Ratings
1
Strong
22
Buy
9
Hold
Consensus: Buy
Price Target
$81.06
+7.5% upside vs current
Range: $75.00 — $84.50
Altman Z
1.6
Piotroski
7/9
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)

SPLPP buys
0
ADC buys
0
No recent congressional trades found for SPLPP or ADC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricSPLPPADC
Forward yield5.93%4.11%
Annual dividend / share$1.50$3.10
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR0%40.4%
Portfolio after 10y$29.6K$176.9K
Annual income after 10y$865.69$79,647.25
Total dividends collected$7.3K$154.7K
Payment frequencyquarterlymonthly
SectorStockREIT

Year-by-year: SPLPP vs ADC ($10,000, DRIP)

YearSPLPP PortfolioSPLPP Income/yrADC PortfolioADC Income/yrGap
1$11,293$593.12$10,987$577.21+$306.00SPLPP
2$12,710$626.00$12,293$855.34+$417.00SPLPP
3$14,258$658.43$14,088$1,290.70+$170.00SPLPP
4← crossover$15,946$690.31$16,660$1,994.91$714.00ADC
5$17,784$721.54$20,525$3,181.85$2.7KADC
6$19,781$752.05$26,654$5,286.90$6.9KADC
7$21,947$781.78$37,006$9,259.47$15.1KADC
8$24,294$810.65$55,862$17,338.74$31.6KADC
9$26,833$838.64$93,452$35,300.32$66.6KADC
10$29,577$865.69$176,931$79,647.25$147.4KADC

SPLPP vs ADC: Complete Analysis 2026

SPLPPStock

Steel Partners Holdings L.P., together with its subsidiaries, engages in industrial products, energy, banking, defense, supply chain management, logistics, and youth sports businesses worldwide. It operates through Diversified Industrial, Energy, and Financial Services segments. The company fabricates precious metals and alloys into brazing alloys; manufactures and sells seamless stainless steel tubing coils; mechanical and fluid-carrying welded low carbon tubing for automotive, heavy truck, heating, cooling and oil and gas markets; fasteners, adhesives, and fastening systems for the commercial low slope roofing industry, as well as specialty fasteners for the building products industry; and woven substrates of fiberglass, quartz, carbon, and aramid materials. It also designs, manufactures, and markets power electronics and protection, motion control, power quality electromagnetic equipment, custom ball-screws, gears, and gearboxes used in medical, commercial and military aerospace, computer, datacom, industrial, specialty LED lighting, test and measurement, and telecom applications. In addition, the company provides meat-room blade products, repair services, and distributed products for the meat and deli departments of supermarkets, restaurants, and meat and fish processing plants, and electrical saws and cutting equipment distributors; cutting blades for bakeries; and wood cutting blade products for the pallet manufacturing and recycler, and portable saw mill industries. Further, it offers coated, laminated, and metallized films for engineered applications; and drilling and production services to oil and gas exploration and production companies. The company also originates and funds consumer and small business loans; issues credit cards; takes deposits; participates in syndicated commercial and industrial, and asset based credit facilities and securitizations; and offers finance solutions. The company was founded in 1990 and is based in New York, New York.

Full SPLPP Calculator →

ADCREIT

Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of properties net leased to industry-leading retail tenants. As of September 30, 2020, the Company owned and operated a portfolio of 1,027 properties, located in 45 states and containing approximately 21.0 million square feet of gross leasable area. The Company's common stock is listed on the New York Stock Exchange under the symbol ADC.

Full ADC 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.