Mastercard increases dividend and announces new stock buyback plan
- Mastercard raises dividend and authorizes $11 billion share-repurchase plan
- New dividend of 66 cents per share payable on Feb. 9, 2024
- Mastercard last raised its dividend in December 2022
Mastercard announced that 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 per share will be payable on Feb. 9, 2024, to shareholders of record on Jan. 9, 2024. This marks the first dividend increase since December 2022.
Factuality Level: 8
Factuality Justification: The article provides factual information about Mastercard’s announcement of a new stock buyback and an increase in its dividend. The information is specific and includes details such as the amount of the buyback, the new dividend amount, and the dates of payment and record. There are no digressions, irrelevant information, or biased perspectives in the article.
Noise Level: 3
Noise Justification: The article provides straightforward information about Mastercard’s announcement of a new stock buyback and an increase in its dividend. There is no irrelevant or misleading information, and the article stays on topic. However, it lacks in-depth analysis, scientific rigor, and actionable insights.
Financial Relevance: Yes
Financial Markets Impacted: Mastercard
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article pertains to financial topics as it discusses Mastercard’s announcement of a new stock buyback and an increase in its dividend. There is no mention of any extreme event or its impact.
Public Companies: Mastercard (MA)
Key People:
Reported publicly:
www.wsj.com 
www.marketwatch.com 
