Best Credit Card Stock to Buy: Visa, Mastercard, AmEx & Discover
How would you like to own a company that is used in everyone’s, every day life? What if you could earn part of the revenue that is generated at each swipe and each online purchase? Credit Card & Debit Card processing companies can help you add passive income and achieve financial freedom.
In our video, we review Visa (V), Mastercard (MA), American Express (AXP) and Discover Financial Services (DFS), the beasts in the industry.
We performed a dividend stock analysis across all 4 credit card companies. Time to see which is the best credit card stock to buy or add to YOUR stock watch list.
If you consume goods, have a bank account or receive mail – you definitely know who the providers are in the financial industry. Visa and Mastercard are the two largest card processing companies. American Express and Discover Financial Services are different, as they actually maintain loans on their balance sheet.
To note, all four contain different areas of risk. However, each dividend stock can hold a spot in your dividend portfolio. Visa and Mastercard are more of your high growth, low dividend yield companies and American Express and Discover are more of your higher yielding, moderate growth companies.
Therefore, we ran all 4 companies through the Dividend Diplomat Stock Screener. Jump in to see if one of them could be a Stock to Buy or a Stock to watch:
Other resources we mention in the video that can help you build your dividend stock portfolio:
Related: Dividend Diplomat Stock Screener
Related: Stocks with a Perfect Dividend Payout Ratio
Related: Dividend Stock Watch List: Lanny’s August 2020 Edition
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