Mastercard: Dividend Insights
Portfolio Pulse from Benzinga Insights
Mastercard (NYSE:MA) has announced a quarterly dividend of 66 cents per share, with the ex-dividend date set for Monday. Shareholders owning MA stock by the end of Friday's session will be eligible for the dividend, which will be paid on February 09, 2024. The stock is expected to open 66 cents lower on the ex-dividend date to reflect the payout.
January 03, 2024 | 2:45 pm
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Mastercard is set to pay a quarterly dividend of 66 cents per share, with shares expected to open lower by the same amount on the ex-dividend date.
The stock price of Mastercard is likely to decrease in the short term by the amount of the dividend on the ex-dividend date, as the market adjusts for the payout. This is a common occurrence and is typically priced in by the market. The importance is significant as dividends are a key factor for income-focused investors, but it is not critical as the price adjustment is expected and does not reflect a change in the company's fundamentals.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100