2024-07-21 20:40:46 ET
Summary
- Mastercard has consistently outperformed the market, with a 509% return over the past decade. It benefits from strong growth in the global payment sector and technological advancements.
- The company is expanding globally, enhancing its services, and signing significant new partnerships.
- Despite a high P/E ratio and low dividend yield, Mastercard remains a strong investment due to its strategic growth, aggressive buybacks, and robust future prospects.
Introduction
24.3%.
That's how much Mastercard ( MA ) (MA:CA) has returned every single year since January 5, 2007. An annual return of more than 24% would have turned $10,000 into roughly $86,000 after ten years and $739,000 after twenty years!
Over the past ten years, Mastercard returned 509%, beating the impressive 232% return of the S&P 500 by a huge margin....
Read the full article on Seeking Alpha
For further details see:
Beyond The Headline: Why Mastercard's Tiny Dividend Packs A Punch