Mastercard Board of Directors Announces Quarterly Dividend
December 04 2017 - 6:42PM
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 Class A common stock.
The new share repurchase program will become effective at the
completion of the company’s previously announced $4
billion share repurchase program. The company has
approximately $1.5 billion remaining under the current
program authorization.
About Mastercard Incorporated
Mastercard (NYSE:MA), www.mastercard.com, is a technology
company in the global payments industry. We operate the world’s
fastest payments processing network, connecting consumers,
financial institutions, merchants, governments and businesses in
more than 210 countries and territories. Mastercard products and
solutions make everyday commerce activities – such as shopping,
traveling, running a business and managing finances – easier, more
secure and more efficient for everyone. Follow us on Twitter
@MastercardNews, join the discussion on the Beyond the Transaction
Blog and subscribe for the latest news on the Engagement
Bureau.
Forward Looking Statements
Statements in this press release which are not historical facts
are forward-looking and subject to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. When used in
this press release, the words “believe”, “expect”, “could”, “may”,
“would”, “will”, “trend” and similar words are intended to identify
forward-looking statements. Examples of forward-looking statements
include, but are not limited to, statements relating to
Mastercard’s future prospects, developments and business
strategies. Forward-looking statements speak only as of the date
they are made, and the company undertakes no duty to update any
forward-looking statements made in this press release or to conform
such statements to actual results or changes in the company’s
expectations.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20171204006213/en/
Mastercard Investor RelationsJesal Meswani,
914-249-4565investor.relations@mastercard.comorMastercard
CommunicationsSeth
Eisen, 914-249-3153Seth.Eisen@mastercard.com
MasterCard (NYSE:MA)
Historical Stock Chart
From Mar 2024 to Apr 2024
MasterCard (NYSE:MA)
Historical Stock Chart
From Apr 2023 to Apr 2024