SmarterDividends

MA vs ZION: Which Is the Better Dividend Stock?

As of August 2026, MA (Mastercard Incorporated) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. ZION offers the higher yield at 2.82%, ZION has the higher dividend-safety score, and MA trades at the larger discount to fair value (+10%).

MetricMAZION
Forward yield0.60%2.82%
Annual dividend$3.48$1.92
Payout ratio18%23%
Years of growth14 yr13 yr
5-yr dividend growth13.7%5.3%
5-yr total return67%10%
Dividend safety score87 (A)90 (A)
Fair value estimate$641.25$51.64
Upside to fair value+10%-24%
Frequencyquarterlyquarterly
Market cap$508.6B$9.9B
P/E ratio32.08.7

Higher yield

ZION

2.82%

Safer dividend

ZION

Grade A

Faster growth

MA

13.7%

Better value

MA

+10% upside

MA vs ZION — FAQ

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