Mastercard: quarterly dividend up 16%
(CercleFinance.com) - Mastercard announced on Tuesday evening that its Board of Directors has approved a quarterly cash dividend of 66 cents per share, up 16%.
It will be paid on 9 February to shareholders on record at 9 January.
The Board of Directors also approved a new share buyback program, authorizing the payment solutions group to repurchase up to $11bn of its Class A common stock.
This new share buyback program will come into effect upon completion of the $9 billion program announced in December 2022. As of 1 December 2023, with approximately $3.5bn remaining under this previous program.
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