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Mastercard Board of Directors Announces Quarterly Dividend
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
managementdividends
Rhea-AI Summary
Mastercard (NYSE: MA) has declared a quarterly cash dividend of 57 cents per share, scheduled for payment on May 9, 2023, to shareholders of record as of April 7, 2023. The company also announced its annual meeting of stockholders will occur on June 27, 2023, at 8:30 a.m. Eastern Time. Stockholders on record as of April 28, 2023 will be eligible to vote. Additional details about the meeting will be available in the definitive proxy statement.
Positive
Quarterly cash dividend of 57 cents per share enhances shareholder returns.
Scheduled annual meeting provides an opportunity for stockholders to engage with the company's leadership.
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 57 cents per share. The cash dividend will be paid on May 9, 2023 to holders of record of its Class A common stock and Class B common stock as of April 7, 2023.
Additionally, the company announced that its annual meeting of stockholders will take place on June 27, 2023 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 28, 2023 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. 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.
