HMN vs MA: Which Is the Better Dividend Stock?
As of Oct 18, 2026, HMN and MA are closely matched. HMN offers the higher yield at 3.11%, HMN has the higher dividend-safety score, and HMN looks like the better value (its fair-value estimate is 6% below its share price).
Key facts: HMN vs MA
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Horace Mann Educators Corporation (HMN) has the higher forward dividend yield at 3.11%, versus 0.56% for Mastercard Incorporated (MA).
- As of Oct 18, 2026, SmarterDividends grades HMN's dividend safety A (90/100) and MA's A (89/100).
- By SmarterDividends' count as of Oct 18, 2026, HMN has raised its dividend for 16 consecutive years and MA for 14.
- As of Oct 18, 2026, HMN pays out 33% of its earnings as dividends and MA pays out 18%.
- As of Oct 18, 2026, HMN's fair-value estimate is 6% below its share price and MA's fair-value estimate is 23% below its share price, so HMN looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HMN vs MA: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/hmn-vs-ma
| Metric | HMN | MA |
|---|---|---|
| Forward yield | 3.11% | 0.56% |
| Annual dividend | $1.44 | $3.48 |
| Payout ratio | 33% | 18% |
| Years of growth | 16 yr | 14 yr |
| 5-yr dividend growth | 3.1% | 13.7% |
| 5-yr total return | 25% | 96% |
| Dividend safety score | 90 (A) | 89 (A) |
| Fair value estimate | $43.45 | $474.95 |
| Upside to fair value | -6% | -23% |
| Frequency | quarterly | quarterly |
| Market cap | $1.9B | $540.9B |
| P/E ratio | 10.8 | 34.0 |
Higher yield
HMN
3.11%
Safer dividend
HMN
Grade A
Faster growth
MA
13.7%
Better value
HMN
-6% upside
HMN vs MA — FAQ
Is HMN or MA a better dividend stock?
HMN and MA are closely matched. HMN has the higher yield; HMN scores better on safety.
Which has a higher dividend yield, HMN or MA?
HMN has the higher forward dividend yield at 3.11%, versus 0.56% for MA.
Is HMN or MA safer?
HMN has the higher dividend-safety score (90/100 vs 89/100), reflecting stronger payout coverage and dividend-growth history.
Is HMN or MA better value right now?
As of Oct 18, 2026, HMN looks like the better value: its fair-value estimate is 6% below its share price (fairly valued). 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.