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Data last updated: Jul 13, 2026
Snapshot (as of Jul 13, 2026): Mastercard Incorporated (MA) pays a $3.37 annual dividend ($0.87 quarterly), yielding 0.63% at $537.70/share. Next ex-dividend date 2026-07-09. 18+ consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 0.63%
Annual Dividend: $3.37 per share
Payout Ratio: 18.2%
Ex-Dividend Date: 2026-07-09
Dividend Frequency: quarterly
Sector: Financial Services
Years of Dividend History: 21
Mastercard Incorporated dividend investors are looking at a payment technology company that processes transactions across the full lifecycle: authorization, clearing, and settlement, under the Mastercard, Maestro, and Cirrus brands. The current yield is 0.6%, with a trailing annual dividend rate of $3.26 per share paid quarterly. The next ex-dividend date is July 9, 2026. With a beta of 0.738, MA stock moves less than the broader market, which suits growth-and-income investors who want dividend expansion over high current income.
Mastercard Incorporated pays out 18.2% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low payout reflects a business built on transaction processing fees across a global network serving financial institutions, merchants, and governments, none of which require heavy capital reinvestment to sustain the dividend at current levels. The primary pressure on Mastercard Incorporated dividend safety would come from a material decline in global payment volumes, since the fee-based model ties revenue directly to transaction activity.
Mastercard Incorporated dividend history shows a CAGR of 32.4% per year from 2011 to 2025. The per-share dividend grew from $0.06 to $3.04 over that window (2026 data is partial and excluded from this calculation). The smallest annual increase in the window was 10.0% in 2021, which still represents a meaningful raise in absolute dollar terms given the base had grown to $1.60 per share by then.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +15.8% | $1.96 (2022) | $3.04 (2025) |
| 5-Year | +13.7% | $1.60 (2020) | $3.04 (2025) |
| 10-Year | +16.9% | $0.64 (2015) | $3.04 (2025) |
MA stock fits growth-and-income investors who prioritize dividend expansion over current yield. At 0.6%, the yield is low (below 2%), and it sits above the 5-year average of 0.43%, meaning the stock currently offers slightly more income than its recent norm. The trade-off is straightforward: investors accept a yield that produces little near-term income in exchange for a dividend that has compounded at 32.4% annually over 14 years. The 18.2% payout ratio leaves substantial room for future increases. What this stock delivers is growth. What it does not deliver is income.
| Payment Date | Amount per Share |
|---|---|
| 2026-07-09 | $0.8700 |
| 2026-04-09 | $0.8700 |
| 2026-01-09 | $0.8700 |
| 2025-10-09 | $0.7600 |
| 2025-07-09 | $0.7600 |
| 2025-04-09 | $0.7600 |
| 2025-01-10 | $0.7600 |
| 2024-10-09 | $0.6600 |
| 2024-07-09 | $0.6600 |
| 2024-04-08 | $0.6600 |
| Year | Total Dividends |
|---|---|
| 2026 | $2.6100 |
| 2025 | $3.0400 |
| 2024 | $2.6400 |
| 2023 | $2.2800 |
| 2022 | $1.9600 |
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