Is TCNRF or RYLD a better dividend investment in 2026?

TCNRF currently yields 4.09% with a 5% 5-year dividend growth rate. RYLD yields 12.14% with 5% growth. The better choice depends on your goal: RYLD offers higher current income.

What is the dividend yield difference between TCNRF and RYLD?

TCNRF has a forward dividend yield of 4.09% ($0.42/share annually). RYLD yields 12.14% ($1.81/share annually). The yield gap is 8.05 percentage points.

Home › Compare › TCNRF vs RYLD

TCNRF vs RYLD: Dividend Comparison 2026

TCNRF yields 4.09% · RYLD yields 12.14%● Live data

vsPost on X →

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

🏆 TCNRF wins by $20.20M in total portfolio value· pulled ahead in Year 3

INVESTMENT

TIME HORIZON10 years

TCNRF

● Live price

4.09%

Share price

$10.32

Annual div

$0.42

5Y div CAGR

75.3%

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$20.25M

Annual income

$17,223,758.14

Full TCNRF calculator →

RYLD

● Live price

12.14%

Share price

$14.95

Annual div

$1.81

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$44.5K

Annual income

$2,587.35

Full RYLD calculator →

Portfolio growth — TCNRF vs RYLD

📍 TCNRF pulled ahead of the other in Year 3

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	TCNRF	RYLD
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, TCNRF + RYLD cover 0 of 12 months — good coverage

Jan

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Feb

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Mar

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Apr

—

May

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Jun

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Jul

—

Aug

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Sep

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Oct

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Nov

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Dec

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TCNRF pays

RYLD pays

Both pay

Neither

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Tax Bracket Optimizer

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

TCNRF

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

$347.38/yr

After 10yr DRIP, annual income (after tax)

$14,640,194.42/yr

RYLD

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

$1,031.60/yr

After 10yr DRIP, annual income (after tax)

$2,199.25/yr

At 15% tax rate, TCNRF beats the other by $14,637,995.17/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 TCNRF + RYLD for your $10,000?

TCNRF: 50%RYLD: 50%

100% RYLD50/50100% TCNRF

Portfolio after 10yr

$10.15M

Annual income

$8,613,172.74/yr

Blended yield

84.89%

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

TCNRF buys

RYLD buys

No recent congressional trades found for TCNRF or RYLD in the last 90 days.

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

MetricTCNRFRYLD

Forward yield	4.09%	12.14% ✓
Annual dividend / share	$0.42	$1.81 ✓
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	75.3% ✓	0%
Portfolio after 10y	$20.25M	$44.5K ✓
Annual income after 10y	$17,223,758.14 ✓	$2,587.35
Total dividends collected	$19.97M ✓	$18.8K
Payment frequency	quarterly	quarterly
Sector	Stock	ETF

Year-by-year: TCNRF vs RYLD ($10,000, DRIP)

Year	TCNRF Portfolio	TCNRF Income/yr	RYLD Portfolio	RYLD Income/yr	Gap
1	$11,416	$716.42	$11,914	$1,213.65	$498.00 → RYLD
2	$13,556	$1,339.97	$14,099	$1,351.30	$543.00 → RYLD
3← crossover	$17,111	$2,606.64	$16,580	$1,494.55	+$531.00 → TCNRF
4	$23,699	$5,390.62	$19,384	$1,642.61	+$4.3K → TCNRF
5	$37,590	$12,232.04	$22,535	$1,794.70	+$15.1K → TCNRF
6	$72,008	$31,786.01	$26,063	$1,950.00	+$45.9K → TCNRF
7	$176,804	$99,755.31	$29,995	$2,107.69	+$146.8K → TCNRF
8	$590,458	$401,278.44	$34,361	$2,266.99	+$556.1K → TCNRF
9	$2,827,334	$2,195,543.22	$39,194	$2,427.12	+$2.79M → TCNRF
10	$20,249,005	$17,223,758.14	$44,525	$2,587.35	+$20.20M → TCNRF

TCNRF vs RYLD: Complete Analysis 2026

TCNRF — Stock

Tokyo Century Corporation provides equipment leasing, mobility and fleet management, specialty financing, and international businesses in Japan and internationally. The company offers leasing and finance, including ancillary services and other businesses relating to the handling of information and communications equipment, office equipment, industrial machinery, transportation equipment, and equipment for commercial and service industries. It also provides automobile leasing for corporate customers and individuals, car rental and car sharing businesses, etc.; specialty financing for shipping, aviation, real estate, and environment and energy fields; and fleet services. The company was formerly known as Century Tokyo Leasing Corporation and changed its name to Tokyo Century Corporation in October 2016. Tokyo Century Corporation was founded in 1964 and is headquartered in Tokyo, Japan.

Full TCNRF Calculator →

RYLD — ETF

The Global X Russell 2000 Covered Call ETF (RYLD) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe Russell 2000 BuyWrite Index.

Full RYLD 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.