Mastercard raises dividend 14% and approves $14 billion buyback program

Mastercard Incorporated (NYSE: MA) announced its board of directors declared a quarterly cash dividend of 87 cents per share, representing a 14% increase from the previous dividend of 76 cents per share. The dividend will be paid on February 9, 2026 to shareholders of record as of January 9, 2026.

The board also approved a new share repurchase program authorizing the company to buy back up to $14 billion of its Class A common stock. The new program will become effective upon completion of the company's current $12 billion repurchase program announced in December 2024.

As of December 5, 2025, Mastercard had approximately $4.2 billion remaining under its current approved share repurchase program.

The information was disclosed in a company press release.

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