5 Best Technology Dividend Aristocrats to Buy

2. Mastercard Incorporated (NYSE:MA)

Number of Hedge Fund Holders: 141

Mastercard Incorporated (NYSE:MA) is a New York-based credit card company that mainly offers payment processing services to its consumers worldwide. In the fourth quarter of 2023, the company distributed approximately $534 million to shareholders through dividends. Moreover, it has raised its dividends for 11 consecutive years, which makes MA one of the best technology dividend aristocrats on our list. The company’s quarterly dividend currently comes in at $0.66 per share for a dividend yield of 0.58%, as recorded on April 22.

As of the end of the fourth quarter of 2023, 141 hedge funds in Insider Monkey’s database reported holding stakes in Mastercard Incorporated (NYSE:MA), up from 140 in the previous quarter. These stakes are collectively valued at over $16.8 billion.

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