IGIC vs MA: Which Is the Better Dividend Stock?
As of Oct 18, 2026, IGIC and MA are closely matched. IGIC offers the higher yield at 1.22%, MA has the higher dividend-safety score, and IGIC looks like the better value (its fair-value estimate is 21% below its share price).
Key facts: IGIC vs MA
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, International General Insurance Holdings Ltd. (IGIC) has the higher forward dividend yield at 1.22%, versus 0.56% for Mastercard Incorporated (MA).
- As of Oct 18, 2026, SmarterDividends grades IGIC's dividend safety B (79/100) and MA's A (89/100).
- By SmarterDividends' count as of Oct 18, 2026, IGIC has raised its dividend for 2 consecutive years and MA for 14.
- As of Oct 18, 2026, IGIC pays out 9% of its earnings as dividends and MA pays out 18%.
- As of Oct 18, 2026, IGIC's fair-value estimate is 21% below its share price and MA's fair-value estimate is 23% below its share price, so IGIC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "IGIC vs MA: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/igic-vs-ma
| Metric | IGIC | MA |
|---|---|---|
| Forward yield | 1.22% | 0.56% |
| Annual dividend | $0.30 | $3.48 |
| Payout ratio | 9% | 18% |
| Years of growth | 2 yr | 14 yr |
| 5-yr dividend growth | -11.1% | 13.7% |
| 5-yr total return | 212% | 96% |
| Dividend safety score | 79 (B) | 89 (A) |
| Fair value estimate | $19.40 | $474.95 |
| Upside to fair value | -21% | -23% |
| Frequency | quarterly | quarterly |
| Market cap | $1.0B | $540.9B |
| P/E ratio | 9.9 | 34.0 |
Higher yield
IGIC
1.22%
Safer dividend
MA
Grade A
Faster growth
MA
13.7%
Better value
IGIC
-21% upside
IGIC vs MA — FAQ
Is IGIC or MA a better dividend stock?
IGIC and MA are closely matched. IGIC has the higher yield; MA scores better on safety.
Which has a higher dividend yield, IGIC or MA?
IGIC has the higher forward dividend yield at 1.22%, versus 0.56% for MA.
Is IGIC or MA safer?
MA has the higher dividend-safety score (89/100 vs 79/100), reflecting stronger payout coverage and dividend-growth history.
Is IGIC or MA better value right now?
As of Oct 18, 2026, IGIC looks like the better value: its fair-value estimate is 21% below its share price (overvalued). 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.