Mastercard Board of Directors Announces Quarterly Dividend

Rhea-AI Summary

Mastercard has declared a quarterly cash dividend of 49 cents per share, set to be paid on May 9, 2022, to shareholders on record as of April 8, 2022. Furthermore, the company will hold its annual stockholders' meeting on June 21, 2022, at 8:30 a.m. ET. Shareholders on record as of April 22, 2022, are eligible to vote. These actions highlight Mastercard's ongoing commitment to returning value to shareholders while facilitating transparent governance.

Positive

• Quarterly cash dividend of 49 cents per share enhances shareholder value.
• Annual stockholders' meeting promotes corporate governance.

Negative

• None.

PURCHASE, N.Y.--(BUSINESS WIRE)-- Mastercard Incorporated (NYSE: MA) today announced that its Board of Directors has declared a quarterly cash dividend of 49 cents per share. The cash dividend will be paid on May 9, 2022 to holders of record of its Class A common stock and Class B common stock as of April 8, 2022.

Additionally, the company announced that its annual meeting of stockholders will take place on June 21, 2022 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 22, 2022 will be entitled to vote.

About Mastercard Incorporated (NYSE: MA), www.mastercard.com
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. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

Forward Looking Statements
Statements in this press release which are not historical facts are forward-looking and subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “believe”, “expect”, “could”, “may”, “would”, “will”, “trend” and similar words are intended to identify forward-looking statements. Examples of forward-looking statements include, but are not limited to, statements relating to the manner and amount of purchases by Mastercard pursuant to its share repurchase program dependent upon price and market conditions, as well as Mastercard’s future prospects, developments and business strategies. Forward-looking statements speak only as of the date they are made, and the company undertakes no duty to update any forward-looking statements made in this press release or to conform such statements to actual results or changes in the company’s expectations.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220208006089/en/

Mastercard Investor Relations

Jud Staniar, 914-249-4565

investor.relations@mastercard.com

Mastercard Communications

Seth Eisen, 914-249-3153

Seth.Eisen@mastercard.com

Source: Mastercard Investor Relations

FAQ

What is the dividend amount declared by Mastercard (MA) in February 2022?

Mastercard declared a quarterly cash dividend of 49 cents per share.

When will Mastercard (MA) pay its dividend?

The dividend will be paid on May 9, 2022.

What is the record date for Mastercard's (MA) dividend payment?

The record date for the dividend payment is April 8, 2022.

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

The annual meeting will take place on June 21, 2022, at 8:30 a.m. ET.

Who is eligible to vote at Mastercard's (MA) annual meeting?

Shareholders of record as of April 22, 2022, are entitled to vote.