Mastercard As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
MA $2.28 0.0% 16.3% 11.4%
Business yield Hike yrs 5 yr CAGR freq. paid since
Payment Solutions 0.6% 10 17.9% Quarter 2006

On November 30, 2021, Mastercard Inc. (MA) announced that it will raise its quarterly dividend by 11.4 percent to 49 cents per share. This marks 9 consecutive years of dividend growth for MA and follows a dividend hike of 10.0% by MA in 2020.

Mastercard 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.