10 Best NYSE Dividend Stocks to Buy

2. Mastercard Incorporated (NYSE:MA)

Number of Hedge Fund Holders: 158

Mastercard Incorporated (NYSE:MA) is a leading name in digital payments and widely recognized as a blue-chip company in the industry. Its strong competitive position comes from its global brand and its role as a partner to banks and lenders that issue cards. Each time a transaction runs through its network, Mastercard earns a small fee, giving it a reliable source of revenue.

With an estimated one billion more people expected to enter the global consumer class in the coming decade, Mastercard Incorporated (NYSE:MA) has significant room to grow its payment processing network. At the same time, the company has been steadily increasing the amount of cash it returns to shareholders.

Mastercard Incorporated (NYSE:MA) has been growing its payouts for 13 consecutive years, which makes it one of the best dividend stocks. The company currently pays a quarterly dividend of $0.76 per share and has a dividend yield of 0.52%, as of September 20.