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Friday, December 20, 2024

Mastercard Dividend Increase

On 17 December, Mastercard (MA) increased its quarterly dividend by 15.15%, from 66¢ to 76¢ per share.

The dividend will be paid on 7 February 2025 to shareholders of record on 9 January 2025. The ex-dividend date is 9 January 2025.

MA's contribution to DivGro's projected annual dividend income will increase by $20 to $152.

I own 50 shares of MA at an average cost basis of $329.29 per share. Following this increase, my yield on cost is 0.92%. (MA's forward yield is 0.58% at $526.86 per share). 

Since opening my position in August 2019, the stock has generated a total return of 63%, including $465.70 in dividend income. That's a solid annualized rate of return of 11.9%.

5-Year History of Dividend Payouts by Ex-Date
202020212022202320242025
$1.60$1.76$1.96$2.28$2.64$3.04
21.21%10.00%11.36%16.33%15.79%15.15%
5-year DGR:14.87%13.70%

projected, assuming no further changes


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