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Data last updated: Oct 16, 2026
Snapshot (as of Oct 16, 2026): Mastercard Incorporated (MA) pays a $3.37 annual dividend ($0.87 quarterly), yielding 0.58% at $616.32/share. Next ex-dividend date 2026-10-09. 18+ consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 0.58%
Annual Dividend: $3.37 per share
Payout Ratio: 17.9%
Ex-Dividend Date: 2026-10-09
Dividend Frequency: quarterly
Sector: Financial Services
Years of Dividend History: 21
Mastercard Incorporated dividend investors are buying into one of the world's largest payment networks, built on transaction processing across authorization, clearing, and settlement for account holders, merchants, and governments alike. The current yield is 0.58%, with a trailing annual dividend rate of $3.37 per share paid quarterly. The next ex-dividend date is July 9, 2026, with the last quarterly payment of $0.87 per share. A beta of 0.735 points to below-market price swings, which suits growth-and-income investors who can accept a low yield in exchange for fast dividend growth.
Mastercard Incorporated pays out 18.0% of earnings as dividends, a payout ratio classified as conservative (below 40%). That leaves the vast majority of earnings untouched by the dividend, giving MA substantial room to sustain and grow payments even if earnings soften. Mastercard Incorporated dividend safety is further supported by the breadth of its business model, which spans payment processing, cyber and intelligence solutions, open banking, and digital identity platforms across a global client base. The primary pressure point is not the payout ratio itself but the company's exposure to global transaction volumes, which can contract during periods of reduced consumer or commercial spending.
Mastercard Incorporated dividend history shows a CAGR of 32.4% per year from 2011 to 2025. The per-share annual dividend grew from $0.06 in 2012 to $3.04 in 2025 (2026 data is partial and not used in the CAGR calculation). The smallest annual increase in the window was 10.0% in 2021, which still outpaces most dividend payers in any sector. Even at its slowest, MA's dividend growth rate is fast.
| 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 fits growth-and-income investors who prioritize dividend growth over current yield, and the data makes that case clearly. The yield is low (below 2%), currently at 0.58%, which is above the 5-year average of 0.4% but still far below what income-focused investors typically seek. What MA offers instead is a 32.4% annualized dividend growth rate over 14 years and 18 consecutive years of increases, backed by an 18% payout ratio that leaves ample room for future raises. The trade-off is straightforward: investors accept minimal current income in exchange for a payment that has compounded at an exceptional rate.
| Payment Date | Amount per Share |
|---|---|
| 2026-10-09 | $0.8700 |
| 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 |
| Year | Total Dividends |
|---|---|
| 2026 | $3.4800 |
| 2025 | $3.0400 |
| 2024 | $2.6400 |
| 2023 | $2.2800 |
| 2022 | $1.9600 |
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