HomeCompareTCPC vs MPLX

TCPC vs MPLX: Dividend Comparison 2026

TCPC yields 28.25% · MPLX yields 7.47%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 MPLX wins by $401.7K in total portfolio value· pulled ahead in Year 5
10 years
TCPC
TCPC
● Live price
28.25%
Share price
$3.54
Annual div
$1.00
5Y div CAGR
-15.2%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$49.0K
Annual income
$1,317.64
Full TCPC calculator →
MPLX
MPLX
● Live price
7.47%
Share price
$57.67
Annual div
$4.31
5Y div CAGR
38.1%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$450.7K
Annual income
$220,593.13
Full MPLX calculator →

Portfolio growth — TCPC vs MPLX

📍 MPLX pulled ahead of the other in Year 5

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 PeriodTCPCMPLX
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, TCPC + MPLX cover 0 of 12 monthsgood coverage

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

Tax Bracket Optimizer

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

TCPC
Annual income on $10K today (after 15% tax)
$2,401.13/yr
After 10yr DRIP, annual income (after tax)
$1,119.99/yr
MPLX
Annual income on $10K today (after 15% tax)
$635.25/yr
After 10yr DRIP, annual income (after tax)
$187,504.16/yr
At 15% tax rate, MPLX beats the other by $186,384.17/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

What's the optimal mix of TCPC + MPLX for your $10,000?

TCPC: 50%MPLX: 50%
100% MPLX50/50100% TCPC
Portfolio after 10yr
$249.9K
Annual income
$110,955.38/yr
Blended yield
44.40%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on MPLX right now

TCPC
Analyst Ratings
4
Buy
7
Hold
2
Sell
Consensus: Hold
Price Target
$8.00
+126.0% upside vs current
Range: $8.00 — $8.00
Altman Z
-1.0
Piotroski
6/9
MPLX
Analyst Ratings
19
Buy
9
Hold
Consensus: Buy
Price Target
$59.50
+3.2% upside vs current
Range: $59.00 — $60.00
Altman Z
2.0
Piotroski
8/9
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)

TCPC buys
0
MPLX buys
0
No recent congressional trades found for TCPC or MPLX in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricTCPCMPLX
Forward yield28.25%7.47%
Annual dividend / share$1.00$4.31
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR-15.2%38.1%
Portfolio after 10y$49.0K$450.7K
Annual income after 10y$1,317.64$220,593.13
Total dividends collected$20.5K$402.2K
Payment frequencyquarterlyquarterly
SectorBDCEnergy
Analyst consensusHoldBuy
Analyst price target$8.00$59.50

Year-by-year: TCPC vs MPLX ($10,000, DRIP)

YearTCPC PortfolioTCPC Income/yrMPLX PortfolioMPLX Income/yrGap
1$13,095$2,395.48$11,732$1,032.10+$1.4KTCPC
2$16,498$2,486.14$14,116$1,562.81+$2.4KTCPC
3$20,135$2,482.31$17,531$2,426.93+$2.6KTCPC
4$23,946$2,400.99$22,649$3,890.12+$1.3KTCPC
5← crossover$27,885$2,262.94$30,720$6,486.35$2.8KMPLX
6$31,926$2,088.46$44,226$11,355.22$12.3KMPLX
7$36,055$1,894.98$68,420$21,098.77$32.4KMPLX
8$40,275$1,696.08$115,338$42,128.55$75.1KMPLX
9$44,596$1,501.51$215,071$91,658.85$170.5KMPLX
10$49,035$1,317.64$450,719$220,593.13$401.7KMPLX

TCPC vs MPLX: Complete Analysis 2026

TCPCBDC

BlackRock TCP Capital Corp. is a business development company specializing in direct equity and debt investments in middle-market, debt securities, senior secured loans, junior loans, originated loans, mezzanine, senior debt instruments, bonds, and secondary-market investments. It typically invests in communication services, public relations services, television, wireless telecommunication services, apparel, textile mills, restaurants, retailing, energy, oil and gas extraction, Patent owners and Lessors, Federal and Federally- Sponsored Credit agencies, insurance, hospital and healthcare centers, Biotechnology, engineering services, heavy electrical equipment, tax accounting, scientific and related consulting services, charter freight air transportation, Information technology consulting, application hosting services, software diagram and design, computer aided design, communication equipment, electronics manufacturing equipment, computer components, chemicals. It seeks to invest in the United States. The fund typically invests between $10 million and $35 million in companies with enterprise values between $100 million and $1500 million including complex situations. It prefers to make equity investments in companies for an ownership stake.

Full TCPC Calculator →

MPLXEnergy

MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Logistics and Storage, and Gathering and Processing. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, exchange, storage, and marketing of natural gas liquids; gathering, storage, transportation, and distribution of crude oil and refined products, as well as other hydrocarbon-based products; and sale of residue gas and condensate. It also engages in the inland marine businesses comprising transportation of light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions, as well as owns and operates boats and barges, including third-party chartered equipment, and a marine repair facility located on the Ohio River; and distribution of fuel, as well as operates refining logistics, terminals, rail facilities, and storage caverns. In addition, the company operates terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products located through the pipeline, rail, marine, and over-the-road modes of transportation. MPLX GP LLC acts as the general partner of MPLX LP. The company was incorporated in 2012 and is headquartered in Findlay, Ohio. MPLX LP operates as a subsidiary of Marathon Petroleum Corporation.

Full MPLX 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.