Mastercard (MA) will raise its quarterly dividend by 13.6 percent to $0.25 per share in the first quarter of 2018. The new dividend yield for MA is 0.7%.

The increased dividend will be paid on February 9, 2018 to holders of record as of January 9, 2018.

Mastercard Incorporated is a technology company in the global payments industry that connects consumers, financial institutions, merchants, governments, digital partners, businesses and other organizations worldwide, enabling them to use electronic forms of payment instead of cash and checks. The company provides a wide variety of integrated products and services that support payment products that customers can offer to their account holders. The company's brands include MasterCard, Maestro and Cirrus. Mastercard has paid a dividend every year since 2006.