
Mastercard Incorporated
MAFinancial Services · Credit Services · Stock · quarterly payer
Forward Yield
0.56%
Annual Dividend
$3.48
Payout Ratio
18%
5-Yr Growth
13.7%
Ex-Date
Oct 9, 2026
Frequency
Quarterly
Key facts about MA's dividend
Data as of · Source: SmarterDividends data
- As of Oct 19, 2026, Mastercard Incorporated (MA) has a forward dividend yield of 0.56%, based on an annual dividend of $3.48 per share and a share price of $617.42.
- As of Oct 19, 2026, MA's dividend safety grade from SmarterDividends is A (89 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, Mastercard Incorporated (MA) has raised its dividend for 14 consecutive years as of Oct 19, 2026.
- MA has never cut its regular dividend in the payment history SmarterDividends has on record.
- MA's most recent ex-dividend date was Oct 9, 2026, for a dividend of $0.87 per share.
- As of Oct 19, 2026, MA pays out 18% of its trailing 12-month earnings as dividends (its payout ratio).
- MA's dividend has grown at an average rate of 13.7% a year over the past five years.
- As of Oct 19, 2026, SmarterDividends' blended fair-value estimate for MA is $474.95 per share, 23% below the $617.42 share price, so MA screens as overvalued.
- Mastercard Incorporated (MA) pays its dividend quarterly, 4 times a year.
- Mastercard Incorporated (MA) has raised its regular dividend 16 times and cut it 0 times across the 81 payments on record since 2006. Its most recent change was a 14.5% increase to $0.870 per share, going ex-dividend on Jan 9, 2026.
Cite this page
SmarterDividends, "MA Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 19, 2026, https://smarterdividends.com/stocks/MA
Summary
As of Oct 19, 2026, Mastercard Incorporated (MA) yields 0.56% ($3.48 a year per share), has a dividend safety grade of A (89/100) and has 14 consecutive years of dividend increases on record.
Is MA a good dividend stock?
YesMastercard Incorporated (MA) pays a quarterly dividend yielding 0.56% ($3.48/yr), with 14 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 14 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (18%)
- Strong 13.7% 5-yr dividend growth
- 96% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 0.56%
- Payout Ratio
- 18%
- Annual Dividend
- $3.48
- 5-Yr Avg Growth
- 13.7%
- Ex-Dividend Date
- Oct 9, 2026
- Years of Growth
- 14
- Frequency
- quarterly
- Beta
- 0.76
- Market Cap
- $540.9B
- P/E Ratio
- 34.0
- 5-Yr Total Return
- 96%
- 52-Week Range
- $464.52 – $622.49
- Dividend Safety
- A · 89/100
- Ever Cut?
- No
MA dividend raises and cuts
Mastercard Incorporated (MA) has raised its regular dividend 16 times and cut it 0 times across the 81 payments on record since 2006. Its most recent change was a 14.5% increase to $0.870 per share, going ex-dividend on Jan 9, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jan 9, 2026 | Raise | $0.760 → $0.870 | +14.5% |
| Jan 10, 2025 | Raise | $0.660 → $0.760 | +15.2% |
| Jan 8, 2024 | Raise | $0.570 → $0.660 | +15.8% |
| Jan 6, 2023 | Raise | $0.490 → $0.570 | +16.3% |
| Jan 6, 2022 | Raise | $0.440 → $0.490 | +11.4% |
| Jan 7, 2021 | Raise | $0.400 → $0.440 | +10.0% |
| Jan 8, 2020 | Raise | $0.330 → $0.400 | +21.2% |
| Jan 8, 2019 | Raise | $0.250 → $0.330 | +32.0% |
| Jan 8, 2018 | Raise | $0.220 → $0.250 | +13.6% |
| Jan 5, 2017 | Raise | $0.190 → $0.220 | +15.8% |
| Jan 6, 2016 | Raise | $0.160 → $0.190 | +18.8% |
| Jan 7, 2015 | Raise | $0.110 → $0.160 | +45.5% |
Show all 16 changes since 2007
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jan 7, 2014 | Raise | $0.0600 → $0.110 | +83.3% |
| Apr 5, 2013 | Raise | $0.0300 → $0.0600 | +100.0% |
| Apr 4, 2012 | Raise | $0.0150 → $0.0300 | +100.0% |
| Apr 4, 2007 | Raise | $0.0090 → $0.0150 | +66.7% |
Frequently Asked Questions
Is MA a good dividend stock?
Yes. Mastercard Incorporated (MA) pays a quarterly dividend yielding 0.56% ($3.48/yr), with 14 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is MA undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, MA's fair value is about $474.95 versus a $617.42 share price — so it looks overvalued (-23% vs. fair value).
Is MA's dividend safe?
MA has a dividend-safety grade of A (89/100), based on its payout coverage, free-cash-flow, 14-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is MA's fair value?
Our blended fair-value estimate for MA is about $474.95 per share, about 23% below the current $617.42 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is MA a buy, hold, or sell?
We don't issue formal ratings, but on the data MA screens as "yes" and overvalued. Mastercard Incorporated (MA) pays a quarterly dividend yielding 0.56% ($3.48/yr), with 14 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will MA cut its dividend?
MA earns a dividend-safety grade of A (89/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does MA pay a dividend?
Yes. Mastercard Incorporated pays a quarterly dividend of about $3.48 per share annually, a forward yield of roughly 0.56%.
What is MA's dividend yield?
As of Oct 19, 2026, MA's forward dividend yield is 0.56%, based on a $3.48 annual dividend and a $617.42 share price.
What is MA's dividend per share?
As of Oct 19, 2026, MA pays $3.48 per share per year, distributed on a quarterly basis.
What is MA's dividend payout ratio?
As of Oct 19, 2026, MA's payout ratio is 18% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has MA grown its dividend?
As of Oct 19, 2026, MA has increased its dividend for 14 consecutive years.
When is the next MA ex-dividend date?
As of Oct 19, 2026, MA's next ex-dividend date hasn't been announced. The most recent was Oct 9, 2026, for $0.87 per share.
MA Price — Last 12 Months
Daily close
Price Return
1 Year
+12%
3 Years
+49%
5 Years
+96%
52-Week Range
$464.52 – $622.49
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is MA worth?
Overvaluedlow confidenceOur blended fair-value estimate for Mastercard Incorporated is $474.95 per share, versus a market price of $617.42. That implies 23% of downside.
Fair Value
$474.95
Current Price
$617.42
Downside
-23%
Margin of Safety
-30%
How we get there
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.1% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $18.18 EPS, $3.48 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
MA Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full MA dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Oct 9, 2026 | Nov 9, 2026 | $0.8700 | regular |
| Jul 9, 2026 | Aug 7, 2026 | $0.8700 | regular |
| Apr 9, 2026 | May 8, 2026 | $0.8700 | regular |
| Jan 9, 2026 | Feb 9, 2026 | $0.8700 | regular |
| Oct 9, 2025 | Nov 7, 2025 | $0.7600 | regular |
| Jul 9, 2025 | Aug 8, 2025 | $0.7600 | regular |
| Apr 9, 2025 | May 9, 2025 | $0.7600 | regular |
| Jan 10, 2025 | Feb 7, 2025 | $0.7600 | regular |
| Oct 9, 2024 | Nov 8, 2024 | $0.6600 | regular |
| Jul 9, 2024 | Aug 9, 2024 | $0.6600 | regular |
| Apr 8, 2024 | May 9, 2024 | $0.6600 | regular |
| Jan 8, 2024 | Feb 9, 2024 | $0.6600 | regular |
| Oct 5, 2023 | Nov 9, 2023 | $0.5700 | regular |
| Jul 6, 2023 | Aug 9, 2023 | $0.5700 | regular |
Income Calculator
At $3.48 / yr per share
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