PURCHASE, N.Y.--(BUSINESS WIRE)--Dec. 2, 2014--
MasterCard Incorporated (NYSE:MA) today announced that its Board of
Directors has increased the company’s quarterly cash dividend to 16
cents per share, a 45 percent increase over the previous dividend level
of 11 cents per share. The cash dividend will be paid on February 9,
2015 to holders of record of its Class A common stock and Class B common
stock as of January 9, 2015.
The Board of Directors also approved a new share repurchase program
authorizing the company to repurchase up to $3.75 billion of its Class A
common stock.
The new share repurchase program...
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