MA vs PAX: Which Is the Better Dividend Stock?
As of Oct 18, 2026, MA (Mastercard Incorporated) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. PAX offers the higher yield at 5.55%, MA has the higher dividend-safety score, and PAX looks like the better value (its fair-value estimate is 27% above its share price).
Key facts: MA vs PAX
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Patria Investments Limited (PAX) has the higher forward dividend yield at 5.55%, versus 0.56% for Mastercard Incorporated (MA).
- As of Oct 18, 2026, SmarterDividends grades MA's dividend safety A (89/100) and PAX's C (53/100).
- By SmarterDividends' count as of Oct 18, 2026, MA has raised its dividend for 14 consecutive years and PAX for 0.
- As of Oct 18, 2026, MA pays out 18% of its earnings as dividends and PAX pays out 142%.
- As of Oct 18, 2026, MA's fair-value estimate is 23% below its share price and PAX's fair-value estimate is 27% above its share price, so PAX looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "MA vs PAX: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/ma-vs-pax
| Metric | MA | PAX |
|---|---|---|
| Forward yield | 0.56% | 5.55% |
| Annual dividend | $3.48 | $0.65 |
| Payout ratio | 18% | 142% |
| Years of growth | 14 yr | 0 yr |
| 5-yr dividend growth | 13.7% | — |
| 5-yr total return | 96% | -31% |
| Dividend safety score | 89 (A) | 53 (C) |
| Fair value estimate | $474.95 | $14.87 |
| Upside to fair value | -23% | +27% |
| Frequency | quarterly | quarterly |
| Market cap | $540.9B | $1.9B |
| P/E ratio | 34.0 | 27.2 |
Higher yield
PAX
5.55%
Safer dividend
MA
Grade A
Faster growth
MA
13.7%
Better value
PAX
+27% upside
MA vs PAX — FAQ
Is MA or PAX a better dividend stock?
On the data, MA wins more head-to-head categories (5 vs 2). PAX offers the higher yield (5.55%), 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 PAX?
PAX has the higher forward dividend yield at 5.55%, versus 0.56% for MA.
Is MA or PAX safer?
MA has the higher dividend-safety score (89/100 vs 53/100), reflecting stronger payout coverage and dividend-growth history.
Is MA or PAX better value right now?
As of Oct 18, 2026, PAX looks like the better value: its fair-value estimate is 27% above its share price (undervalued). 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.