SmarterDividends

MA vs NMZ: Which Is the Better Dividend Stock?

As of Nov 9, 2026, MA (Mastercard Incorporated) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. NMZ offers the higher yield at 8.71%, MA has the higher dividend-safety score, and NMZ looks like the better value (its fair-value estimate is 12% above its share price).

Key facts: MA vs NMZ

Data as of · Source: SmarterDividends data

  • As of Nov 9, 2026, Nuveen Municipal High Income Opportunity Fund (NMZ) has the higher forward dividend yield at 8.71%, versus 0.53% for Mastercard Incorporated (MA).
  • As of Nov 9, 2026, SmarterDividends grades MA's dividend safety A (89/100) and NMZ's C (54/100).
  • By SmarterDividends' count as of Nov 9, 2026, MA has raised its dividend for 14 consecutive years and NMZ for 2.
  • As of Nov 9, 2026, MA pays out 18% of its earnings as dividends and NMZ pays out 131%.
  • As of Nov 9, 2026, MA's fair-value estimate is 24% below its share price and NMZ's fair-value estimate is 12% above its share price, so NMZ looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "MA vs NMZ: Dividend Yield, Safety & Value Compared," updated Nov 9, 2026, https://smarterdividends.com/compare/ma-vs-nmz

MetricMANMZ
Forward yield0.53%8.71%
Annual dividend$3.48$0.79
Payout ratio18%131%
Years of growth14 yr2 yr
5-yr dividend growth13.7%1.5%
5-yr total return107%-39%
Dividend safety score89 (A)54 (C)
Fair value estimate$499.25$10.10
Upside to fair value-24%+12%
Frequencyquarterlymonthly
Market cap$568.6B$1.9B
P/E ratio34.215.0

Higher yield

NMZ

8.71%

Safer dividend

MA

Grade A

Faster growth

MA

13.7%

Better value

NMZ

+12% upside

MA vs NMZ — FAQ

Is MA or NMZ a better dividend stock?

On the data, MA wins more head-to-head categories (6 vs 2). NMZ offers the higher yield (8.71%), 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 NMZ?

NMZ has the higher forward dividend yield at 8.71%, versus 0.53% for MA.

Is MA or NMZ safer?

MA has the higher dividend-safety score (89/100 vs 54/100), reflecting stronger payout coverage and dividend-growth history.

Is MA or NMZ better value right now?

As of Nov 9, 2026, NMZ looks like the better value: its fair-value estimate is 12% above its share price (fairly valued). For MA, its fair-value estimate is 24% below its share price.

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