Payment card issuer Mastercard Incorporated (NYSE: MA) announced another increase in dividend payments to its shareholders and a new share buyback program. According to Mastercard, the new dividend will increase by 10% to $ 0.44 per share. Payments are scheduled to begin on February 9 for shareholders as of January 8. At the current price of the shares, the yield is 0.5%. Over the years, Mastercard has regularly increased its dividend payout since 2015, up from $ 0.16 per share to its current price. In addition, Mastercard is announcing a new $ 6 billion share buyback program. This will be a continuation of the previous $ 8bn share buyback program, which has been halfway through so far. MA was trading at $ 336.85 on Dec. 9.
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