12 High Growth Low Dividend Stocks To Invest In

6. Mastercard Incorporated (NYSE:MA)

Dividend Yield as of February 24: 0.55%

Number of Hedge Fund Holders: 151

Mastercard Incorporated (NYSE:MA), a multinational payment card corporation, is one of the best high growth stocks to monitor. In 2024, the company tokenized 30% of its transactions and acknowledged the impact of stablecoins and cryptocurrencies on traditional finance. In an SEC filing, the company outlined its progress in modernizing payments, from expanding blockchain-based solutions to improving access to digital assets. Mastercard also teamed up with crypto firms to allow consumers to purchase and use crypto with their cards.

In Q4 2024, the company raked in $3.5 billion in adjusted net income, with earnings per share at $3.82. Revenue for the quarter amounted to $7.5 billion, up 14% year-over-year. Mastercard Incorporated (NYSE:MA) also repurchased $3.4 billion worth of stock during the fourth quarter, plus another $644 million through January 27, 2025. Credit and debit growth benefited from the Wells Fargo Commercial Credit and Citizens debit migrations. Overall, growth was driven by robust consumer demand, the expansion of security and authentication solutions, and strategic pricing.

On February 10, Mastercard Incorporated (NYSE:MA) declared a $0.76 per share quarterly dividend, in line with previous. The dividend is payable on May 9, to shareholders on record as of April 9. The company has offered 13 years of consistent dividend growth to customers.

Hedge funds showed greater interest in MA during Q4. According to Insider Monkey’s fourth quarter database, 151 hedge funds reported owning stakes in Mastercard Incorporated (NYSE:MA), compared to 131 funds in the prior quarter.