SmarterDividends

AEG vs MA: Which Is the Better Dividend Stock?

As of Oct 18, 2026, MA (Mastercard Incorporated) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. AEG offers the higher yield at 5.83%, MA has the higher dividend-safety score, and AEG looks like the better value (its fair-value estimate is 48% above its share price).

Key facts: AEG vs MA

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Aegon Ltd. (AEG) has the higher forward dividend yield at 5.83%, versus 0.56% for Mastercard Incorporated (MA).
  • As of Oct 18, 2026, SmarterDividends grades AEG's dividend safety C (55/100) and MA's A (89/100).
  • By SmarterDividends' count as of Oct 18, 2026, AEG has raised its dividend for 5 consecutive years and MA for 14.
  • As of Oct 18, 2026, AEG pays out 62% of its earnings as dividends and MA pays out 18%.
  • As of Oct 18, 2026, AEG's fair-value estimate is 48% above its share price and MA's fair-value estimate is 23% below its share price, so AEG looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "AEG vs MA: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/aeg-vs-ma

MetricAEGMA
Forward yield5.83%0.56%
Annual dividend$0.49$3.48
Payout ratio62%18%
Years of growth5 yr14 yr
5-yr dividend growth25.4%13.7%
5-yr total return89%96%
Dividend safety score55 (C)89 (A)
Fair value estimate$12.32$474.95
Upside to fair value+48%-23%
Frequencyannualquarterly
Market cap$12.3B$540.9B
P/E ratio12.134.0

Higher yield

AEG

5.83%

Safer dividend

MA

Grade A

Faster growth

AEG

25.4%

Better value

AEG

+48% upside

AEG vs MA — FAQ

Is AEG or MA a better dividend stock?

On the data, MA wins more head-to-head categories (5 vs 3). AEG offers the higher yield (5.83%), while MA has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, AEG or MA?

AEG has the higher forward dividend yield at 5.83%, versus 0.56% for MA.

Is AEG or MA safer?

MA has the higher dividend-safety score (89/100 vs 55/100), reflecting stronger payout coverage and dividend-growth history.

Is AEG or MA better value right now?

As of Oct 18, 2026, AEG looks like the better value: its fair-value estimate is 48% above its share price (undervalued). For MA, its fair-value estimate is 23% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.