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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 |
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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