Mastercard hikes dividend by 15.2%
On December 17, 2024, Mastercard Inc. (MA) announced that it will raise its quarterly dividend by 15.2 percent to 76 cents per share. This marks 12 consecutive years of dividend growth for MA and follows a dividend hike of 15.8% hike in 2023.
The next MA dividend will be paid on February 7, 2025 with an ex-dividend date of January 9, 2025. The dividend yield for Mastercard is 0.6% at a stock price of $531.99.
Mastercard is a technology company in the global payments industry that connects consumers, financial institutions, merchants, governments, digital partners, businesses and other organizations worldwide, enabling them to use electronic forms of payment instead of cash and checks. The company provides a wide variety of integrated products and services that support payment products that customers can offer to their account holders. The company's brands include MasterCard, Maestro and Cirrus. Mastercard has paid a dividend every year since 2006.
