MA vs NCDL
Mastercard Incorporated compared with Nuveen Churchill Direct Lending Corp. on yield, payout growth, payment schedule, cost and risk.
MA
Mastercard Incorporated
TTM yield · Quarterly
NCDL
Nuveen Churchill Direct Lending Corp.
TTM yield · Quarterly
Quick take
- NCDL yields more today: 12.39% vs 0.61% (forward).
- MA has grown its payout faster: 14.6%/yr vs -16.0%/yr over the last 1 year.
- Both pay every quarter.
- MA has the longer streak of annual increases: 14 years vs 0.
- Over the last year MA delivered the higher total return: -3.5% vs -12.7% (price change plus payouts).
- MA raises fewer payout-risk flags on our heuristic (low vs elevated).
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | MA | NCDL |
|---|---|---|
| Share price | $570.89 | $12.27 |
| TTM yield | 0.59% | 13.69% |
| Forward yield | 0.61% | 12.39% |
| Annual payout per share | $3.48 | $1.52 |
| Payment frequency | Quarterly | Quarterly |
| Next ex-date | Oct 8, 2026 (est.) | Sep 30, 2026 (declared) |
| Payout ratio (earnings) | 18% | 177% |
| 1-year payout growth | +14.6% | -16.0% |
| 5-year payout CAGR | +14.4% | — |
| Consecutive years of increases | 14 years | 0 years |
| Payout consistency (last 12) | 87/100 | 58/100 |
| 1-year total return | -3.5% | -12.7% |
| 1-year price return | -4.1% | -23.2% |
| Size (market cap / AUM) | 500.1B | 606.0M |
| Years paying | 19.9 | 2.5 |
| Payout risk (heuristic) | Low | Elevated |
| Sector / category | Financial Services | Financial Services |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| MA | NCDL | |
|---|---|---|
| Shares | 17.5 | 815.0 |
| Income per year | $61 | $1,239 |
| Income per month (avg) | $5 | $103 |
At forward yields, before taxes. Model MA · Model NCDL
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| MA Oct 8, 2026 | Oct 22, 2026 | $0.87 | Est. |
| MA Jan 7, 2027 | Jan 21, 2027 | $0.87 | Est. |
| MA Apr 8, 2027 | Apr 22, 2027 | $0.87 | Est. |
| NCDL Sep 30, 2026 | Oct 14, 2026 | $0.38 | Declared |
| NCDL Dec 29, 2026 | Jan 12, 2027 | $0.38 | Est. |
| NCDL Mar 29, 2027 | Apr 12, 2027 | $0.38 | Est. |
Annual payouts per share
MANCDL
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, MA or NCDL?
NCDL currently has the higher trailing yield: MA yields 0.59% and NCDL yields 13.69%. Yield changes daily with price, so check the live figures above.
How often do MA and NCDL pay?
MA pays every quarter and NCDL pays every quarter. MA's next ex-date is Oct 8, 2026 and NCDL's is Sep 30, 2026.
Which has grown its dividend faster, MA or NCDL?
MA has grown its payout faster: 14.6%/yr vs -16.0%/yr over the last 1 year.
Is MA or NCDL better for income?
It depends on what you are optimising for. MA and NCDL differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.