MA vs VOYA: Which Is the Better Dividend Stock?
As of August 2026, MA (Mastercard Incorporated) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. VOYA offers the higher yield at 1.92%, MA has the higher dividend-safety score, and VOYA trades at the larger discount to fair value (+23%).
| Metric | MA | VOYA |
|---|---|---|
| Forward yield | 0.60% | 1.92% |
| Annual dividend | $3.48 | $1.88 |
| Payout ratio | 18% | 31% |
| Years of growth | 14 yr | 7 yr |
| 5-yr dividend growth | 13.7% | 24.8% |
| 5-yr total return | 67% | 59% |
| Dividend safety score | 87 (A) | 87 (A) |
| Fair value estimate | $641.25 | $120.20 |
| Upside to fair value | +10% | +23% |
| Frequency | quarterly | quarterly |
| Market cap | $525.5B | $9.0B |
| P/E ratio | 31.9 | 16.5 |
Higher yield
VOYA
1.92%
Safer dividend
MA
Grade A
Faster growth
VOYA
24.8%
Better value
VOYA
+23% upside
MA vs VOYA — FAQ
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