SmarterDividends

HDB vs MA: Which Is the Better Dividend Stock?

As of September 2026, MA (Mastercard Incorporated) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. HDB offers the higher yield at 1.76%, MA has the higher dividend-safety score, and HDB trades at the larger discount to fair value (+32%).

MetricHDBMA
Forward yield1.76%0.62%
Annual dividend$0.41$3.48
Payout ratio24%18%
Years of growth0 yr14 yr
5-yr dividend growth13.7%
5-yr total return-36%68%
Dividend safety score58 (C)88 (A)
Fair value estimate$30.63$574.22
Upside to fair value+32%+2%
Frequencyannualquarterly
Market cap$119.0B$495.2B
P/E ratio16.231.1

Higher yield

HDB

1.76%

Safer dividend

MA

Grade A

Faster growth

MA

13.7%

Better value

HDB

+32% upside

HDB vs MA — FAQ

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