Visa and MasterCard: Ideal Long-Term Dividend Plays

Visa and MasterCard: Ideal Long-Term Dividend Plays

- By Shankar

Sitting pretty at the top of the general purpose payment card industry are two of the most "weather-proof" companies in the world - Visa ( V ) and MasterCard ( MA ). Together, they control more than 80% of the industry and although they've lost some market share over the past year or so, they remain the two largest players in this space.