Archive - The Dividend Standard

Mastercard's Dividend Is Limited by Willingness, Not Capacity

At an 18% payout ratio, it could outgrow its own free cash flow for a decade and still be under 40% of it.

Aug 23

July 2026

MSFT: The $3 Trillion Cornerstone Dividend

Microsoft’s dividend is safe but the real question is whether AI reinvestment can earn its keep.

Jul 10

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