AJG 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. AJG offers the higher yield at 1.10%, AJG has the higher dividend-safety score, and MA looks like the better value (its fair-value estimate is 23% below its share price).
Key facts: AJG vs MA
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Arthur J. Gallagher & Co. (AJG) has the higher forward dividend yield at 1.10%, versus 0.56% for Mastercard Incorporated (MA).
- As of Oct 18, 2026, SmarterDividends grades AJG's dividend safety A (97/100) and MA's A (89/100).
- By SmarterDividends' count as of Oct 18, 2026, AJG has raised its dividend for 15 consecutive years and MA for 14.
- As of Oct 18, 2026, AJG pays out 45% of its earnings as dividends and MA pays out 18%.
- As of Oct 18, 2026, AJG's fair-value estimate is 55% below its share price and MA's fair-value estimate is 23% below its share price, so MA looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "AJG vs MA: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/ajg-vs-ma
| Metric | AJG | MA |
|---|---|---|
| Forward yield | 1.10% | 0.56% |
| Annual dividend | $2.80 | $3.48 |
| Payout ratio | 45% | 18% |
| Years of growth | 15 yr | 14 yr |
| 5-yr dividend growth | 7.6% | 13.7% |
| 5-yr total return | 56% | 96% |
| Dividend safety score | 97 (A) | 89 (A) |
| Fair value estimate | $115.43 | $474.95 |
| Upside to fair value | -55% | -23% |
| Frequency | quarterly | quarterly |
| Market cap | $65.3B | $540.9B |
| P/E ratio | 42.3 | 34.0 |
Higher yield
AJG
1.10%
Safer dividend
AJG
Grade A
Faster growth
MA
13.7%
Better value
MA
-23% upside
AJG vs MA — FAQ
Is AJG or MA a better dividend stock?
On the data, MA wins more head-to-head categories (5 vs 3). AJG offers the higher yield (1.10%), while AJG has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, AJG or MA?
AJG has the higher forward dividend yield at 1.10%, versus 0.56% for MA.
Is AJG or MA safer?
AJG has the higher dividend-safety score (97/100 vs 89/100), reflecting stronger payout coverage and dividend-growth history.
Is AJG or MA better value right now?
As of Oct 18, 2026, MA looks like the better value: its fair-value estimate is 23% below its share price (overvalued). For AJG, its fair-value estimate is 55% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.