SmarterDividends

LEO vs MA: Which Is the Better Dividend Stock?

As of Nov 5, 2026, MA (Mastercard Incorporated) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. LEO offers the higher yield at 5.98%, MA has the higher dividend-safety score, and LEO looks like the better value (its fair-value estimate is 33% above its share price).

Key facts: LEO vs MA

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, BNY Mellon Strategic Municipals, Inc. (LEO) has the higher forward dividend yield at 5.98%, versus 0.52% for Mastercard Incorporated (MA).
  • As of Nov 5, 2026, SmarterDividends grades LEO's dividend safety C (53/100) and MA's A (89/100).
  • By SmarterDividends' count as of Nov 5, 2026, LEO has raised its dividend for 1 consecutive years and MA for 14.
  • As of Nov 5, 2026, LEO pays out 137% of its earnings as dividends and MA pays out 18%.
  • As of Nov 5, 2026, LEO's fair-value estimate is 33% above its share price and MA's fair-value estimate is 25% below its share price, so LEO looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "LEO vs MA: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/leo-vs-ma

MetricLEOMA
Forward yield5.98%0.52%
Annual dividend$0.36$3.48
Payout ratio137%18%
Years of growth1 yr14 yr
5-yr dividend growth-9.4%13.7%
5-yr total return-29%103%
Dividend safety score53 (C)89 (A)
Fair value estimate$8.01$499.25
Upside to fair value+33%-25%
Frequencymonthlyquarterly
Market cap$373.8M$578.5B
P/E ratio30.034.7

Higher yield

LEO

5.98%

Safer dividend

MA

Grade A

Faster growth

MA

13.7%

Better value

LEO

+33% upside

LEO vs MA — FAQ

Is LEO or MA a better dividend stock?

On the data, MA wins more head-to-head categories (6 vs 2). LEO offers the higher yield (5.98%), 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, LEO or MA?

LEO has the higher forward dividend yield at 5.98%, versus 0.52% for MA.

Is LEO or MA safer?

MA has the higher dividend-safety score (89/100 vs 53/100), reflecting stronger payout coverage and dividend-growth history.

Is LEO or MA better value right now?

As of Nov 5, 2026, LEO looks like the better value: its fair-value estimate is 33% above its share price (undervalued). For MA, its fair-value estimate is 25% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.