SmarterDividends

MA vs NRO: Which Is the Better Dividend Stock?

As of Nov 14, 2026, MA (Mastercard Incorporated) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. NRO offers the higher yield at 12.32%, MA has the higher dividend-safety score, and NRO looks like the better value (its fair-value estimate is 40% above its share price).

Key facts: MA vs NRO

Data as of · Source: SmarterDividends data

  • As of Nov 14, 2026, Neuberger Berman Income Funds - Neuberger Real Estate Securities Income Fund Inc. (NRO) has the higher forward dividend yield at 12.32%, versus 0.53% for Mastercard Incorporated (MA).
  • As of Nov 14, 2026, SmarterDividends grades MA's dividend safety A (89/100) and NRO's C (59/100).
  • By SmarterDividends' count as of Nov 14, 2026, MA has raised its dividend for 14 consecutive years and NRO for 1.
  • As of Nov 14, 2026, MA pays out 18% of its earnings as dividends and NRO pays out 104%.
  • As of Nov 14, 2026, MA's fair-value estimate is 24% below its share price and NRO's fair-value estimate is 40% above its share price, so NRO looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "MA vs NRO: Dividend Yield, Safety & Value Compared," updated Nov 14, 2026, https://smarterdividends.com/compare/ma-vs-nro

MetricMANRO
Forward yield0.53%12.32%
Annual dividend$3.48$0.37
Payout ratio18%104%
Years of growth14 yr1 yr
5-yr dividend growth13.7%-4.1%
5-yr total return110%-43%
Dividend safety score89 (A)59 (C)
Fair value estimate$505.78$3.74
Upside to fair value-24%+40%
Frequencyquarterlymonthly
Market cap$576.0B$169.2M
P/E ratio34.27.4

Higher yield

NRO

12.32%

Safer dividend

MA

Grade A

Faster growth

MA

13.7%

Better value

NRO

+40% upside

MA vs NRO — FAQ

Is MA or NRO a better dividend stock?

On the data, MA wins more head-to-head categories (6 vs 2). NRO offers the higher yield (12.32%), 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 NRO?

NRO has the higher forward dividend yield at 12.32%, versus 0.53% for MA.

Is MA or NRO safer?

MA has the higher dividend-safety score (89/100 vs 59/100), reflecting stronger payout coverage and dividend-growth history.

Is MA or NRO better value right now?

As of Nov 14, 2026, NRO looks like the better value: its fair-value estimate is 40% above its share price (undervalued). 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.