MasterCard (MA) Raises Quarterly Dividend 11.4% to $0.49; Approves $8B Buyback

MasterCard (NYSE: MA) declared a quarterly dividend of $0.49 per share, or $1.96 annualized. This is an 11.4% increase from the prior dividend of $0.44.

The dividend will be payable on February 9, 2022, to stockholders of record on January 7, 2022, with an ex-dividend date of January 6, 2022.

The annual yield on the dividend is 0.6 percent.

The Board of Directors also approved a new share repurchase program, authorizing the company to repurchase up to $8 billion of its Class A common stock.

The new share repurchase program will become effective at the completion of the company’s previously announced $6 billion program. The company has approximately $4.4 billion remaining under the current program authorization.

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

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