Is SPNE or DIVO a better dividend investment in 2026?

SPNE currently yields 20.96% with a 5% 5-year dividend growth rate. DIVO yields 6.49% with 5% growth. The better choice depends on your goal: SPNE offers higher current income.

What is the dividend yield difference between SPNE and DIVO?

SPNE has a forward dividend yield of 20.96% ($2.00/share annually). DIVO yields 6.49% ($2.91/share annually). The yield gap is 14.47 percentage points.

Home › Compare › SPNE vs DIVO

SPNE vs DIVO: Dividend Comparison 2026

SPNE yields 20.96% · DIVO yields 6.49%● Live data

vsPost on X →

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

🏆 SPNE wins by $46.7K in total portfolio value

INVESTMENT

TIME HORIZON10 years

SPNE

● Live price

20.96%

Share price

$9.54

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$77.5K

Annual income

$7,459.80

Full SPNE calculator →

DIVO

● Live price

6.49%

Share price

$44.85

Annual div

$2.91

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$30.7K

Annual income

$981.68

Full DIVO calculator →

Portfolio growth — SPNE vs DIVO

📍 SPNE 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	SPNE	DIVO
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, SPNE + DIVO cover 0 of 12 months — good coverage

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

SPNE pays

DIVO pays

Both pay

Neither

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Tax Bracket Optimizer

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

SPNE

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

$1,781.97/yr

After 10yr DRIP, annual income (after tax)

$6,340.83/yr

DIVO

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

$552.00/yr

After 10yr DRIP, annual income (after tax)

$834.43/yr

At 15% tax rate, SPNE beats the other by $5,506.40/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 SPNE + DIVO for your $10,000?

SPNE: 50%DIVO: 50%

100% DIVO50/50100% SPNE

Portfolio after 10yr

$54.1K

Annual income

$4,220.74/yr

Blended yield

7.80%

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Analyst Conviction Gap

Where Wall Street is most bullish on SPNE right now

SPNE

Analyst Ratings

Buy

Hold

Consensus: Buy

Price Target

$9.38

-1.7% upside vs current

Range: $6.75 — $12.00

DIVO

No analyst data

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)

SPNE buys

DIVO buys

No recent congressional trades found for SPNE or DIVO in the last 90 days.

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

MetricSPNEDIVO

Forward yield	20.96% ✓	6.49%
Annual dividend / share	$2.00	$2.91 ✓
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	0%
Portfolio after 10y	$77.5K ✓	$30.7K
Annual income after 10y	$7,459.80 ✓	$981.68
Total dividends collected	$45.1K ✓	$8.2K
Payment frequency	quarterly	quarterly
Sector	Stock	ETF

Year-by-year: SPNE vs DIVO ($10,000, DRIP)

Year	SPNE Portfolio	SPNE Income/yr	DIVO Portfolio	DIVO Income/yr	Gap
1← crossover	$12,796	$2,096.44	$11,349	$649.42	+$1.4K → SPNE
2	$16,199	$2,507.19	$12,833	$688.83	+$3.4K → SPNE
3	$20,300	$2,966.28	$14,459	$727.90	+$5.8K → SPNE
4	$25,194	$3,473.91	$16,238	$766.49	+$9.0K → SPNE
5	$30,988	$4,029.51	$18,179	$804.47	+$12.8K → SPNE
6	$37,789	$4,631.81	$20,293	$841.71	+$17.5K → SPNE
7	$45,713	$5,278.85	$22,591	$878.14	+$23.1K → SPNE
8	$54,881	$5,968.03	$25,087	$913.65	+$29.8K → SPNE
9	$65,418	$6,696.22	$27,791	$948.18	+$37.6K → SPNE
10	$77,457	$7,459.80	$30,718	$981.68	+$46.7K → SPNE

SPNE vs DIVO: Complete Analysis 2026

SPNE — Stock

SeaSpine Holdings Corporation, a medical technology company, focuses on the design, development, and commercialization of surgical solutions for the treatment of spinal disorders in the United States and internationally. It offers orthobiologics and spinal implant solutions for the neurosurgeons and orthopedic spine surgeons to perform fusion procedures in the lumbar, thoracic, and cervical spine. The company's orthobiologics products include demineralized bone matrix (DBM), collagen ceramic matrices, demineralized cancellous allograft bone products, and synthetic bone void fillers to improve bone fusion rates in a range of orthopedic surgeries, including spine, hip, and extremities procedures. It also offers orthobiologics products in various forms, such as fibers, putties, pastes, strips, and DBM. In addition, the company offers implant products for spinal decompression, alignment, stabilization, and image-guided surgical solutions, as well as a surgical navigation system used to facilitate fusion in degenerative, minimally invasive, and complex spinal deformity procedures throughout the lumbar, thoracic, and cervical regions of the spine. SeaSpine Holdings Corporation was incorporated in 2015 and is headquartered in Carlsbad, California.

Full SPNE Calculator →

DIVO — ETF

DIVO is an ETF of high-quality large cap companies with a history of dividend and earnings growth, along with a tactical covered call* strategy on individual stocks. DIVO is strategically designed to offer high levels of total return on a risk-adjusted basis.

Full DIVO 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.