Mastercard Board of Directors Announces Quarterly Dividend

Rhea-AI Summary

Mastercard Incorporated (NYSE: MA) has declared a quarterly cash dividend of 66 cents per share and set the date for its annual meeting of stockholders on June 18, 2024. The cash dividend will be paid on May 9, 2024, and stockholders of record as of April 9, 2024, will be entitled to vote at the meeting.

Positive

• Declaring a quarterly cash dividend of 66 cents per share demonstrates the company's commitment to returning value to its shareholders.
• Setting the date for the annual meeting provides transparency and allows stockholders to participate in important company decisions.

Negative

• None.

Company Sets Date for Annual Meeting of Stockholders

PURCHASE, N.Y.--(BUSINESS WIRE)-- Mastercard Incorporated (NYSE: MA) today announced that its Board of Directors has declared a quarterly cash dividend of 66 cents per share. The cash dividend will be paid on May 9, 2024 to holders of record of its Class A common stock and Class B common stock as of April 9, 2024.

Additionally, the company announced that its annual meeting of stockholders will take place on June 18, 2024 at 8:30 a.m. Eastern Time. When filed, the definitive proxy statement will confirm the format and location of the meeting. Stockholders of record as of the close of business on April 19, 2024 will be entitled to vote.

About Mastercard (NYSE:MA)

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240206949532/en/

Mastercard Investor Relations Contact

Jud Staniar, 914-249-4565

investor.relations@mastercard.com

Mastercard Communications Contact

Seth Eisen, 914-249-3153

Seth.Eisen@mastercard.com

Source: Mastercard Investor Relations

FAQ

What is the quarterly cash dividend declared by Mastercard Incorporated (NYSE: MA)?

Mastercard Incorporated (NYSE: MA) has declared a quarterly cash dividend of 66 cents per share.

When will the cash dividend be paid to stockholders of Mastercard Incorporated (NYSE: MA)?

The cash dividend will be paid on May 9, 2024.

When is the annual meeting of stockholders for Mastercard Incorporated (NYSE: MA)?

The annual meeting of stockholders will take place on June 18, 2024 at 8:30 a.m. Eastern Time.

Who will be entitled to vote at the annual meeting of stockholders for Mastercard Incorporated (NYSE: MA)?

Stockholders of record as of the close of business on April 19, 2024, will be entitled to vote at the meeting.