SmarterDividends

MA vs WAFDP: Which Is the Better Dividend Stock?

As of Oct 18, 2026, MA (Mastercard Incorporated) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. WAFDP offers the higher yield at 8.12%, MA has the higher dividend-safety score, and WAFDP looks like the better value (its fair-value estimate is 106% above its share price).

Key facts: MA vs WAFDP

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, WaFd, Inc. (WAFDP) has the higher forward dividend yield at 8.12%, versus 0.56% for Mastercard Incorporated (MA).
  • As of Oct 18, 2026, SmarterDividends grades MA's dividend safety A (89/100) and WAFDP's B (75/100).
  • By SmarterDividends' count as of Oct 18, 2026, MA has raised its dividend for 14 consecutive years and WAFDP for 0.
  • As of Oct 18, 2026, MA's fair-value estimate is 23% below its share price and WAFDP's fair-value estimate is 106% above its share price, so WAFDP looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "MA vs WAFDP: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/ma-vs-wafdp

MetricMAWAFDP
Forward yield0.56%8.12%
Annual dividend$3.48$1.22
Payout ratio18%—
Years of growth14 yr0 yr
5-yr dividend growth13.7%—
5-yr total return96%-41%
Dividend safety score89 (A)75 (B)
Fair value estimate$474.95$30.89
Upside to fair value-23%+106%
Frequencyquarterlyquarterly
Market cap$540.9B—
P/E ratio34.05.5

Higher yield

WAFDP

8.12%

Safer dividend

MA

Grade A

Faster growth

MA

13.7%

Better value

WAFDP

+106% upside

MA vs WAFDP — FAQ

Is MA or WAFDP a better dividend stock?

On the data, MA wins more head-to-head categories (4 vs 2). WAFDP offers the higher yield (8.12%), 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 WAFDP?

WAFDP has the higher forward dividend yield at 8.12%, versus 0.56% for MA.

Is MA or WAFDP safer?

MA has the higher dividend-safety score (89/100 vs 75/100), reflecting stronger payout coverage and dividend-growth history.

Is MA or WAFDP better value right now?

As of Oct 18, 2026, WAFDP looks like the better value: its fair-value estimate is 106% above its share price (undervalued). For MA, its fair-value estimate is 23% below its share price.

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