MA vs RY: Which Is the Better Dividend Stock?
As of July 2026, MA and RY are closely matched. RY offers the higher yield at 2.37%, MA has the higher dividend-safety score, and RY trades at the larger discount to fair value (+102%).
| Metric | MA | RY |
|---|---|---|
| Forward yield | 0.64% | 2.37% |
| Annual dividend | $3.48 | $5.10 |
| Payout ratio | 18% | 41% |
| Years of growth | 14 yr | 10 yr |
| 5-yr dividend growth | 13.7% | 6.2% |
| 5-yr total return | 57% | 110% |
| Dividend safety score | 89 (A) | 75 (B) |
| Fair value estimate | $558.71 | $435.73 |
| Upside to fair value | +3% | +102% |
| Frequency | quarterly | quarterly |
| Market cap | $483.7B | $292.3B |
| P/E ratio | 31.4 | 19.9 |
Higher yield
RY
2.37%
Safer dividend
MA
Grade A
Faster growth
MA
13.7%
Better value
RY
+102% upside
MA vs RY — FAQ
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