Company declares 16% increase in dividend and authorizes $11 billion share repurchase

  • Mastercard raises dividend by 16%
  • Quarterly cash dividend increased to 66 cents per share
  • New share buyback program approved for up to $11 billion
  • Previous $9 billion program to end in December 2022

Mastercard Inc. has announced a 16% increase in its quarterly cash dividend, raising it to 66 cents per share. The dividend will be paid on February 9th to shareholders of record on January 9th. In addition, the company’s board has approved a new share buyback program, allowing Mastercard to repurchase up to $11 billion of its shares. This new program will take effect after the completion of the current $9 billion program in December 2022. As of December 1st, Mastercard had approximately $3.5 billion remaining under the existing program. Following the news, Mastercard’s shares rose 0.7% in after-hours trading.

Public Companies: Mastercard Inc. (MA)
Private Companies:
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Factuality Level: 10
Justification: The article provides factual information about Mastercard’s dividend increase and new share buyback program. There are no digressions, misleading information, sensationalism, redundancy, or opinion masquerading as fact. The article is concise and sticks to the main topic without unnecessary background information. The information is accurately reported and there are no invalid arguments, logical errors, inconsistencies, fallacies, faulty reasoning, false assumptions, or incorrect conclusions. Overall, the article is objective and provides accurate information.

Noise Level: 8
Justification: The article provides straightforward information about Mastercard’s dividend increase and new share buyback program. However, it lacks analysis, scientific rigor, and intellectual honesty. It does not explore the consequences of these decisions on stakeholders or provide any actionable insights or solutions. The article stays on topic and supports its claims with basic facts and figures, but it does not provide a thoughtful analysis of long-term trends or antifragility.

Financial Relevance: Yes
Financial Markets Impacted: Mastercard Inc.

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The news article pertains to financial topics as it discusses Mastercard’s dividend increase and new share buyback program. There is no mention of an extreme event.

Reported publicly: www.marketwatch.com www.wsj.com