MasterCard (MA) Raises Quarterly Dividend 18.8% to $0.19; Announces New $4B Buyback Plan

MasterCard (NYSE: MA) declared a quarterly dividend of $0.19 per share, or $0.76 annualized. This is an 18.8% increase from the prior dividend of $0.16. The dividend will be payable on February 9, 2016, to stockholders of record on January 8, 2016, with an ex-dividend date of January 6, 2016. The annual yield on the dividend is 0.8 percent.

The Board of Directors also approved a new share repurchase program, authorizing the company to repurchase up to $4 billion of its Class A common stock.

For a dividend history and other dividend-related data on MasterCard (MA) click here.

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