Mastercard ($MA) announced its next dividend of 66¢ per share, a 15.79% increase over the company's previous payout of 57¢.
DivGro's projected annual dividend income will increase by $18.00 to $132.00.
The dividend will be paid on 9 February 2024 to shareholders of record at the close of business on 9 January 2024. The ex-dividend date is 8 January 2024.
I own 50 shares of MA at an average cost basis of $329.29 per share. Following this increase, my yield on cost is 0.80%. (MA's forward yield is 0.64% at $412.16 per share).
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