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MA MasterCard Incorporated

462.42
0.31 (0.07%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
MasterCard Incorporated NYSE:MA NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.31 0.07% 462.42 464.82 460.94 462.91 1,962,973 23:02:05

Mastercard Raises Dividend; Board Authorizes $11 Billion Share-Repurchase Plan

05/12/2023 9:55pm

Dow Jones News


MasterCard (NYSE:MA)
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From Oct 2023 to Apr 2024

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By Stephen Nakrosis

 

Mastercard said Tuesday its board has authorized an increase to the company's quarterly cash dividend, and approved a new stock-buyback plan of up to $11 billion.

The new dividend of 66 cents a share will be payable on Feb. 9, 2024, to shareholders of record on Jan. 9, 2024, the company said. Mastercard last raised its dividend, to 57 cents, in December 2022.

The company said the new share-repurchase plan will become effective at the completion of its previously announced $9 billion program. As of Dec. 1, that program had about $3.5 billion remaining.

 

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

December 05, 2023 16:40 ET (21:40 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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