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

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

Mastercard Board of Directors Announces Quarterly Dividend

December 4, 2017 6:42 PM EST

PURCHASE, N.Y.--(BUSINESS WIRE)-- Mastercard Incorporated (NYSE: MA) today announced that its Board of Directors has declared a quarterly cash dividend of 25 cents per share, a 14 percent increase over the previous dividend of 22 cents per share. The cash dividend will be paid on February 9, 2018 to holders of record of its Class A common stock and Class B common stock as of January 9, 2018.

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