FBP vs MA: Which Is the Better Dividend Stock?
As of Oct 18, 2026, FBP and MA are closely matched. FBP offers the higher yield at 2.92%, MA has the higher dividend-safety score, and FBP looks like the better value (its fair-value estimate is 45% above its share price).
Key facts: FBP vs MA
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, First BanCorp. (FBP) has the higher forward dividend yield at 2.92%, versus 0.56% for Mastercard Incorporated (MA).
- As of Oct 18, 2026, SmarterDividends grades FBP's dividend safety B (73/100) and MA's A (89/100).
- By SmarterDividends' count as of Oct 18, 2026, FBP has raised its dividend for 6 consecutive years and MA for 14.
- As of Oct 18, 2026, FBP pays out 32% of its earnings as dividends and MA pays out 18%.
- As of Oct 18, 2026, FBP's fair-value estimate is 45% above its share price and MA's fair-value estimate is 23% below its share price, so FBP looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "FBP vs MA: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/fbp-vs-ma
| Metric | FBP | MA |
|---|---|---|
| Forward yield | 2.92% | 0.56% |
| Annual dividend | $0.80 | $3.48 |
| Payout ratio | 32% | 18% |
| Years of growth | 6 yr | 14 yr |
| 5-yr dividend growth | 29.2% | 13.7% |
| 5-yr total return | 106% | 96% |
| Dividend safety score | 73 (B) | 89 (A) |
| Fair value estimate | $39.77 | $474.95 |
| Upside to fair value | +45% | -23% |
| Frequency | quarterly | quarterly |
| Market cap | $4.2B | $540.9B |
| P/E ratio | 11.5 | 34.0 |
Higher yield
FBP
2.92%
Safer dividend
MA
Grade A
Faster growth
FBP
29.2%
Better value
FBP
+45% upside
FBP vs MA — FAQ
Is FBP or MA a better dividend stock?
FBP and MA are closely matched. FBP has the higher yield; MA scores better on safety.
Which has a higher dividend yield, FBP or MA?
FBP has the higher forward dividend yield at 2.92%, versus 0.56% for MA.
Is FBP or MA safer?
MA has the higher dividend-safety score (89/100 vs 73/100), reflecting stronger payout coverage and dividend-growth history.
Is FBP or MA better value right now?
As of Oct 18, 2026, FBP looks like the better value: its fair-value estimate is 45% above its share price (undervalued). For MA, its fair-value estimate is 23% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.