SmarterDividends

EVN vs MA: Which Is the Better Dividend Stock?

As of Nov 8, 2026, MA (Mastercard Incorporated) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. EVN offers the higher yield at 6.04%, MA has the higher dividend-safety score, and EVN looks like the better value (its fair-value estimate is 1% below its share price).

Key facts: EVN vs MA

Data as of · Source: SmarterDividends data

  • As of Nov 8, 2026, Eaton Vance Municipal Income Trust (EVN) has the higher forward dividend yield at 6.04%, versus 0.53% for Mastercard Incorporated (MA).
  • As of Nov 8, 2026, SmarterDividends grades EVN's dividend safety C (62/100) and MA's A (89/100).
  • By SmarterDividends' count as of Nov 8, 2026, EVN has raised its dividend for 2 consecutive years and MA for 14.
  • As of Nov 8, 2026, EVN pays out 66% of its earnings as dividends and MA pays out 18%.
  • As of Nov 8, 2026, EVN's fair-value estimate is 1% below its share price and MA's fair-value estimate is 24% below its share price, so EVN looks like the better value of the two on SmarterDividends' blended model.
Cite this page

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

MetricEVNMA
Forward yield6.04%0.53%
Annual dividend$0.62$3.48
Payout ratio66%18%
Years of growth2 yr14 yr
5-yr dividend growth1.7%13.7%
5-yr total return-26%107%
Dividend safety score62 (C)89 (A)
Fair value estimate$10.09$499.25
Upside to fair value-1%-24%
Frequencymonthlyquarterly
Market cap$407.2M$568.6B
P/E ratio11.034.2

Higher yield

EVN

6.04%

Safer dividend

MA

Grade A

Faster growth

MA

13.7%

Better value

EVN

-1% upside

EVN vs MA — FAQ

Is EVN or MA a better dividend stock?

On the data, MA wins more head-to-head categories (6 vs 2). EVN offers the higher yield (6.04%), 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, EVN or MA?

EVN has the higher forward dividend yield at 6.04%, versus 0.53% for MA.

Is EVN or MA safer?

MA has the higher dividend-safety score (89/100 vs 62/100), reflecting stronger payout coverage and dividend-growth history.

Is EVN or MA better value right now?

As of Nov 8, 2026, EVN looks like the better value: its fair-value estimate is 1% 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.