Thursday marks the last chance for investors to receive the next dividend payout from Mastercard MA.
What's Happening
The company announced on Tuesday that it would pay shareholders a quarterly dividend of 57 cents per share. On Friday, Mastercard will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 57 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own MA as of the end of Thursday's session are eligible to receive the 57 cents dividend payout for every share that they own.
According to the company, this dividend will be paid out to shareholders on February 09, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way.
To read more news on Mastercard click here
Click here to visit our Dividends Calendar.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.