Mastercard: This Dividend Growth Monster Remains Buyable Now

  • Since my previous article, shares of Mastercard have returned nearly quadruple that of the S&P 500 index.
  • The payment processor’s net revenue and adjusted diluted EPS climbed higher in the second quarter.
  • Mastercard possesses an A+ credit rating from S&P on a stable outlook.
  • The stock looks to be trading at a 6% discount to fair value.
  • Mastercard could be positioned to deliver 30%+ cumulative total returns through 2026.

In recent years, I have put much more emphasis on investing in growth-oriented stocks than in the past. Since I am 27 years old. Hi, my name is Kody. Aside from my four to five weekly articles here on Seeking Alpha, I am also a contributor to Sure Dividend, Dividend Kings, and iREIT on Alpha. I have been investing since September 2017 and interested in dividend investing since about 2009.Since July 2018, I have ran Kody’s Dividends. This is a blog that is documenting my journey towards financial independence using dividend growth investing as the means to transform the dream of financial independence into a reality. It’s also the inspiration of my pseudonym here on Seeking Alpha.By God’s grace, I owe everything to my blog for introducing me to the Seeking Alpha community as an analyst. That’s my story and I hope you enjoy my work examining dividend growth stocks and the occasional growth stock!

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