Mastercard (MA) Named One of Three Long-Term Dividend Stocks
What happened
The Motley Fool on June 3 included Mastercard in a three-stock roundup spotlighting dividend-paying names it characterized as trading below recent highs. Mastercard has raised its quarterly dividend consistently over the past decade, most recently to $0.76 per share, reflecting a compound annual growth rate well above the S&P 500 dividend average. The company's payout ratio remains low relative to earnings, leaving room for continued increases. Net revenue grew 12% year-over-year in its most recent reported quarter.
The QL Read
No live QuantLogix signal data is available for this brief. What to watch: MA's next quarterly earnings release for updates to net revenue growth and any revision to the dividend schedule, which would reset the forward yield calculation.