5 Dividend Stocks with Sustainable Payout Ratios

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1. Mastercard Incorporated (NYSE:MA)

Number of Hedge Fund Holders: 140
5-Year Average Payout Ratio: 20.03%

Mastercard Incorporated (NYSE:MA) tops our list of the best dividend stocks with sustainable payout ratios. The global financial tech company has raised its dividends for 11 years straight and offers a quarterly dividend of $0.66 per share. The company’s 5-year average payout ratio came in at 20.03%. The stock’s dividend yield on January 23 came in at 0.60%.

According to Insider Monkey’s database of Q3 2023, 140 hedge funds owned investments in Mastercard Incorporated (NYSE:MA), up from 139 in the preceding quarter. These stakes are worth more than $15.2 billion. Among these hedge funds, Akre Capital Management was the largest stakeholder of the company in Q3.

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