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.
Source: Fool.com
Mastercard Inc. A Stock
The stock is an absolute favorite of our community with 43 Buy predictions and no Sell predictions.
With a target price of 445 € there is a slightly positive potential of 8.87% for Mastercard Inc. A compared to the current price of 408.75 €.