Mastercard Incorporated (NYSE:MA) is included among the 10 Best NYSE Dividend Stocks to Buy.
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Mastercard Incorporated 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 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 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.
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