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MasterCard Board of Directors Announces Increase in Quarterly Dividend and $3.75 Billion Class A Share Repurchase Program

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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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