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Mastercard Inc.'s Dividend Could Double in Just 5 Years


Mastercard Inc.'s Dividend Could Double in Just 5 Years

There are multiple good reasons to love dividend stocks, but one of the best reasons investors should want them in their portfolio is that some of them will see their annual dividend payments grow over the years.

Credit card company Mastercard (NYSE: MA) is one company positioned to see strong dividend growth in the coming years. Indeed, based on a quick analysis of Mastercard's recent dividend hikes and its underlying financials, Mastercard's dividend could easily double in less than five years.

Image source: Getty Images.

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Source: Fool.com

Mastercard Inc. A Stock

€423.45
2.270%
Mastercard Inc. A gained 2.270% today.
The stock is an absolute favorite of our community with 40 Buy predictions and no Sell predictions.
With a target price of 446 € there is a slightly positive potential of 5.33% for Mastercard Inc. A compared to the current price of 423.45 €.
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