ERIE vs MA: Which Is the Better Dividend Stock?
As of Nov 8, 2026, ERIE and MA are closely matched. ERIE offers the higher yield at 2.14%, ERIE has the higher dividend-safety score, and MA looks like the better value (its fair-value estimate is 24% below its share price).
Key facts: ERIE vs MA
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Erie Indemnity Company (ERIE) has the higher forward dividend yield at 2.14%, versus 0.53% for Mastercard Incorporated (MA).
- As of Nov 8, 2026, SmarterDividends grades ERIE's dividend safety A (90/100) and MA's A (89/100).
- By SmarterDividends' count as of Nov 8, 2026, ERIE has raised its dividend for 29 consecutive years and MA for 14.
- As of Nov 8, 2026, ERIE pays out 53% of its earnings as dividends and MA pays out 18%.
- As of Nov 8, 2026, ERIE's fair-value estimate is 50% below its share price and MA's fair-value estimate is 24% below its share price, so MA looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "ERIE vs MA: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/erie-vs-ma
| Metric | ERIE | MA |
|---|---|---|
| Forward yield | 2.14% | 0.53% |
| Annual dividend | $5.85 | $3.48 |
| Payout ratio | 53% | 18% |
| Years of growth | 29 yr | 14 yr |
| 5-yr dividend growth | 7.2% | 13.7% |
| 5-yr total return | 47% | 107% |
| Dividend safety score | 90 (A) | 89 (A) |
| Fair value estimate | $136.13 | $499.25 |
| Upside to fair value | -50% | -24% |
| Frequency | quarterly | quarterly |
| Market cap | $14.3B | $568.6B |
| P/E ratio | 24.8 | 34.2 |
Higher yield
ERIE
2.14%
Safer dividend
ERIE
Grade A
Faster growth
MA
13.7%
Better value
MA
-24% upside
ERIE vs MA — FAQ
Is ERIE or MA a better dividend stock?
ERIE and MA are closely matched. ERIE has the higher yield; ERIE scores better on safety.
Which has a higher dividend yield, ERIE or MA?
ERIE has the higher forward dividend yield at 2.14%, versus 0.53% for MA.
Is ERIE or MA safer?
ERIE has the higher dividend-safety score (90/100 vs 89/100), reflecting stronger payout coverage and dividend-growth history.
Is ERIE or MA better value right now?
As of Nov 8, 2026, MA looks like the better value: its fair-value estimate is 24% below its share price (overvalued). For ERIE, its fair-value estimate is 50% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.