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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Triffin who wrote (14203)	2/5/2013 1:32:41 PM
From: Triffin	Read Replies (3) \| Respond to of 34328

MA boosts dividend payout by 100% for 2nd consecutive year .. ===== MasterCard Incorporated ( MA) today announced that its Board of Directors has increased the company’s quarterly cash dividend to 60 cents per share, doubling the previous dividend level of 30 cents per share. The cash dividend will be paid on May 9, 2013 to holders of record of its Class A common stock and Class B common stock as of April 9, 2013. The Board of Directors also approved a new share repurchase program authorizing the company to repurchase up to $2 billion of its Class A common stock. The new share repurchase program will become effective at the completion of the company’s previously announced $1.5 billion share repurchase program. As of January 25, 2013, the company had approximately $440 million remaining under the current program authorization. “Our strong financial performance allows us to increase the return of cash to shareholders through our dividend and share repurchase programs. We remain focused on executing our strategy and growing our business for the future,” said Ajay Banga, MasterCard president and CEO. ===== Triff ..