SmarterDividends

BRO vs MA: Which Is the Better Dividend Stock?

As of Nov 8, 2026, BRO and MA are closely matched. BRO offers the higher yield at 0.92%, BRO has the higher dividend-safety score, and BRO looks like the better value (its fair-value estimate is 8% below its share price).

Key facts: BRO vs MA

Data as of · Source: SmarterDividends data

  • As of Nov 8, 2026, Brown & Brown, Inc. (BRO) has the higher forward dividend yield at 0.92%, versus 0.53% for Mastercard Incorporated (MA).
  • As of Nov 8, 2026, SmarterDividends grades BRO's dividend safety A (94/100) and MA's A (89/100).
  • By SmarterDividends' count as of Nov 8, 2026, BRO has raised its dividend for 32 consecutive years and MA for 14.
  • As of Nov 8, 2026, BRO pays out 21% of its earnings as dividends and MA pays out 18%.
  • As of Nov 8, 2026, BRO's fair-value estimate is 8% below its share price and MA's fair-value estimate is 24% below its share price, so BRO looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "BRO vs MA: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/bro-vs-ma

MetricBROMA
Forward yield0.92%0.53%
Annual dividend$0.66$3.48
Payout ratio21%18%
Years of growth32 yr14 yr
5-yr dividend growth12.1%13.7%
5-yr total return12%107%
Dividend safety score94 (A)89 (A)
Fair value estimate$66.65$499.25
Upside to fair value-8%-24%
Frequencyquarterlyquarterly
Market cap$23.9B$568.6B
P/E ratio22.834.2

Higher yield

BRO

0.92%

Safer dividend

BRO

Grade A

Faster growth

MA

13.7%

Better value

BRO

-8% upside

BRO vs MA — FAQ

Is BRO or MA a better dividend stock?

BRO and MA are closely matched. BRO has the higher yield; BRO scores better on safety.

Which has a higher dividend yield, BRO or MA?

BRO has the higher forward dividend yield at 0.92%, versus 0.53% for MA.

Is BRO or MA safer?

BRO has the higher dividend-safety score (94/100 vs 89/100), reflecting stronger payout coverage and dividend-growth history.

Is BRO or MA better value right now?

As of Nov 8, 2026, BRO looks like the better value: its fair-value estimate is 8% below its share price (fairly valued). For MA, its fair-value estimate is 24% below its share price.

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