A diverter for receiving printed products in a single stream and diverting the printed products into a plurality of streams is provided. The diverter includes a first rotating body rotating about a first axis and including first, second and third circumferential sections positioned around the first axis. Each circumferential section of the first rotating body extends radially a different distance from the first axis. The diverter also includes a second rotating body rotating about a second axis and including first, second and third circumferential sections positioned around the second axis. Each circumferential section of the second rotating body extends radially a different distance from the second axis. The first and second rotating bodies divert the printed products into three separate streams at a diverting area between the first and second axes. The diverter also includes a steeple positioned downstream of the diverting area. A method for diverting printed products in a folder, a printing press, a method for adjusting a diverter and a steeple for a diverter are also provided.