MA vs NAZ: 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. NAZ offers the higher yield at 7.03%, MA has the higher dividend-safety score, and NAZ looks like the better value (its fair-value estimate is 59% above its share price).
Key facts: MA vs NAZ
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Nuveen Arizona Quality Municipal Income Fund (NAZ) has the higher forward dividend yield at 7.03%, versus 0.52% for Mastercard Incorporated (MA).
- As of Nov 5, 2026, SmarterDividends grades MA's dividend safety A (89/100) and NAZ's D (48/100).
- By SmarterDividends' count as of Nov 5, 2026, MA has raised its dividend for 14 consecutive years and NAZ for 2.
- As of Nov 5, 2026, MA pays out 18% of its earnings as dividends and NAZ pays out 148%.
- As of Nov 5, 2026, MA's fair-value estimate is 25% below its share price and NAZ's fair-value estimate is 59% above its share price, so NAZ looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "MA vs NAZ: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/ma-vs-naz
| Metric | MA | NAZ |
|---|---|---|
| Forward yield | 0.52% | 7.03% |
| Annual dividend | $3.48 | $0.74 |
| Payout ratio | 18% | 148% |
| Years of growth | 14 yr | 2 yr |
| 5-yr dividend growth | 13.7% | 8.6% |
| 5-yr total return | 103% | -33% |
| Dividend safety score | 89 (A) | 48 (D) |
| Fair value estimate | $499.25 | $16.85 |
| Upside to fair value | -25% | +59% |
| Frequency | quarterly | monthly |
| Market cap | $578.5B | $135.8M |
| P/E ratio | 34.7 | 18.9 |
Higher yield
NAZ
7.03%
Safer dividend
MA
Grade A
Faster growth
MA
13.7%
Better value
NAZ
+59% upside
MA vs NAZ — FAQ
Is MA or NAZ a better dividend stock?
On the data, MA wins more head-to-head categories (6 vs 2). NAZ offers the higher yield (7.03%), 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, MA or NAZ?
NAZ has the higher forward dividend yield at 7.03%, versus 0.52% for MA.
Is MA or NAZ safer?
MA has the higher dividend-safety score (89/100 vs 48/100), reflecting stronger payout coverage and dividend-growth history.
Is MA or NAZ better value right now?
As of Nov 5, 2026, NAZ looks like the better value: its fair-value estimate is 59% above its share price (undervalued). For MA, its fair-value estimate is 25% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.