SmarterDividends

MA vs WIA: Which Is the Better Dividend Stock?

As of Oct 18, 2026, MA (Mastercard Incorporated) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. WIA offers the higher yield at 8.17%, MA has the higher dividend-safety score, and WIA looks like the better value (its fair-value estimate is 116% above its share price).

Key facts: MA vs WIA

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Western Asset Inflation-Linked Income Fund (WIA) has the higher forward dividend yield at 8.17%, versus 0.56% for Mastercard Incorporated (MA).
  • As of Oct 18, 2026, SmarterDividends grades MA's dividend safety A (89/100) and WIA's C (62/100).
  • By SmarterDividends' count as of Oct 18, 2026, MA has raised its dividend for 14 consecutive years and WIA for 1.
  • As of Oct 18, 2026, MA pays out 18% of its earnings as dividends and WIA pays out 109%.
  • As of Oct 18, 2026, MA's fair-value estimate is 23% below its share price and WIA's fair-value estimate is 116% above its share price, so WIA looks like the better value of the two on SmarterDividends' blended model.
Cite this page

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

MetricMAWIA
Forward yield0.56%8.17%
Annual dividend$3.48$0.62
Payout ratio18%109%
Years of growth14 yr1 yr
5-yr dividend growth13.7%9.9%
5-yr total return96%-46%
Dividend safety score89 (A)62 (C)
Fair value estimate$474.95$16.47
Upside to fair value-23%+116%
Frequencyquarterlymonthly
Market cap$540.9B$178.2M
P/E ratio34.013.4

Higher yield

WIA

8.17%

Safer dividend

MA

Grade A

Faster growth

MA

13.7%

Better value

WIA

+116% upside

MA vs WIA — FAQ

Is MA or WIA a better dividend stock?

On the data, MA wins more head-to-head categories (6 vs 2). WIA offers the higher yield (8.17%), 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 WIA?

WIA has the higher forward dividend yield at 8.17%, versus 0.56% for MA.

Is MA or WIA safer?

MA has the higher dividend-safety score (89/100 vs 62/100), reflecting stronger payout coverage and dividend-growth history.

Is MA or WIA better value right now?

As of Oct 18, 2026, WIA looks like the better value: its fair-value estimate is 116% 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.