Mastercard’s Dividends to Increase in 2017
Rise in dividends
Mastercard (MA) is expected to declare dividends of $0.89 per share in 2017, reflecting a rise of ~17.1% from its total dividends declared in 2016. Since December 2016, the company has consistently declared quarterly dividends of $0.22 per share.
In June 2017, Mastercard declared quarterly dividends of $0.22 per share, which are scheduled to be paid in August 2017.
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In 2Q17, Mastercard spent $931 million repurchasing ~8 million shares. During the same timeframe, the company paid dividends of $236 million. In 1H17, Mastercard distributed $474 million in the form of dividends.
Discover Financial Services (DFS) is expected to declare dividends of $1.27 per share in 2017. In January and April 2017, Discover declared dividends of $0.30 per share.
In July 2017, Discover declared dividends of $0.35 per share, which are scheduled to be paid in September 2017.