MasterCard (MA) Raises Quarterly Dividend 13.6% to $0.25; Approves $4B Stock Buyback

MasterCard (NYSE: MA) declared a quarterly dividend of $0.25 per share, or $1 annualized. This is a 13.6% increase from the prior dividend of $0.22. The dividend will be payable on February 9, 2018, to stockholders of record on January 8, 2018, with an ex-dividend date of January 5, 2018. The annual yield on the dividend is 0.7 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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