Mastercard Raises Quarterly Cash Dividend From $0.76 To $0.87 Per Share; Board Approves $14B Share Repurchase Program

Mastercard Incorporated (NYSE:MA) today announced that its Board of Directors has declared a quarterly cash dividend of 87 cents per share, a 14 percent increase over the previous dividend of 76 cents per share. The cash dividend will be paid on February 9, 2026 to holders of record of its Class A common stock and Class B common stock as of January 9, 2026.

The Board of Directors also approved a new share repurchase program, authorizing the company to repurchase up to $14 billion of its Class A common stock.

The new share repurchase program will become effective at the completion of the company's previously announced $12 billion program (December 2024). As of December 5, 2025, the company had approximately $4.2 billion remaining under the current approved share repurchase program.