Mastercard Inc

NYSE : MA
USA·Financial Services·Credit Services·Class A
$617.42
+7.31 (+1.31%)Oct 16 close
Market Cap
$550.62B
Enterprise Value
$563.65B
P/E (TTM)
33.96
P/B
96.62
Net Cash / (Debt)
−$13.03B
52-Week Range
$472 — $617
5-Year Range
$283 — $617
Avg Volume (3M)
3.55M
Dividend Yield (TTM)
0.42%
vs 5Y avg 0.55% · 10Y avg 0.54%
Dividend Yield (Forward)
0.56%
4 payments/yr (spacing)
Dividends / Share (TTM)
$2.61
Forward (annualized): $3.48
Payout Ratio (EPS, TTM)
17.9%
Payout Ratio (FCF, TTM)
18.3%
Dividend CAGR (3Y / 5Y / 10Y)
3Y15.8%5Y13.7%10Y16.9%
Consecutive Growth Years
14
as of 2025
Years Without a Cut
19
as of 2025
Total Shareholder Yield (TTM)
3.77%
Div 0.59% + Net buyback 3.19%

Growth, streak and CAGR figures exclude special dividends.

Dividends per share

Cash dividends, split-adjusted · USD

Payout ratio

Dividends per share ÷ diluted EPS and ÷ free cash flow per share, by fiscal year.

Dividend yield

Trailing-twelve-month dividends ÷ month-end price.

Capital returns

Net buybacks = repurchases − stock issuance, fiscal-year cash flows. SBC shown for dilution context.

Total Shareholder Yield (TTM)
3.8%
Dividends 0.6% + Net buybacks 3.2%
Net Buyback (TTM)
$15.82B
Gross $15.82B − Issuance $0
SBC (TTM)
$615M
Share-based compensation, dilution driver
Net share-count change % / yr

Annual dividend growth

Dividend growth is accelerating (15.2% latest vs 14.5% 3-yr avg).

YearDPS (regular sum, USD)ChangeHikes
20253.04+15.2%1
20242.64+15.8%1
20232.28+16.3%1
20221.96+11.4%1
20211.76+10.0%1
20201.60+21.2%1
20191.32+32.0%1
20181.00+13.6%1
20170.88+15.8%1
20160.76+18.8%1
20150.64+45.5%1
20140.44+109.5%1
20130.21+100.0%1
20120.105+75.0%1
20110.060.0%0

Special dividends are excluded from these figures. Based on 80 regular payments.

Payment history (80 payments)

As declaredΔ%TypeFrequencyDeclarationRecordPay date
2026-07-09$0.87–0.0%Cashquarterly2026-06-162026-07-092026-08-07
2026-04-09$0.87–0.0%Cashquarterly2026-02-102026-04-092026-05-08
2026-01-09$0.87–+14.5%Cashquarterly2025-12-092026-01-092026-02-09
2025-10-09$0.76–0.0%Cashquarterly2025-09-162025-10-092025-11-07
2025-07-09$0.76–0.0%Cashquarterly2025-06-242025-07-092025-08-08
2025-04-09$0.76–0.0%Cashquarterly2025-02-102025-04-092025-05-09
2025-01-10$0.76–+15.2%Cashquarterly2024-12-172025-01-092025-02-07
2024-10-09$0.66–0.0%Cashquarterly2024-09-162024-10-092024-11-08
2024-07-09$0.66–0.0%Cashquarterly2024-06-182024-07-092024-08-09
2024-04-08$0.66–0.0%Cashquarterly2024-02-062024-04-092024-05-09
2024-01-08$0.66–+15.8%Cashquarterly2023-12-052024-01-092024-02-09
2023-10-05$0.57–0.0%Cashquarterly2023-09-192023-10-092023-11-09
2023-07-06$0.57–0.0%Cashquarterly2023-06-262023-07-072023-08-09
2023-04-05$0.57–0.0%Cashquarterly2023-02-142023-04-072023-05-09
2023-01-06$0.57–+16.3%Cashquarterly2022-12-062023-01-092023-02-09
2022-10-06$0.49–0.0%Cashquarterly2022-09-192022-10-072022-11-09
2022-07-07$0.49–0.0%Cashquarterly2022-06-202022-07-082022-08-09
2022-04-07$0.49–0.0%Cashquarterly2022-02-082022-04-082022-05-09
2022-01-06$0.49–+11.4%Cashquarterly2021-11-302022-01-072022-02-09
2021-10-07$0.44–0.0%Cashquarterly2021-09-202021-10-082021-11-09
2021-07-08$0.44–0.0%Cashquarterly2021-06-212021-07-092021-08-09
2021-04-08$0.44–0.0%Cashquarterly2021-02-082021-04-092021-05-07
2021-01-07$0.44–+10.0%Cashquarterly2020-12-082021-01-082021-02-09
2020-10-08$0.4–0.0%Cashquarterly2020-09-222020-10-092020-11-09
2020-07-08$0.4–0.0%Cashquarterly2020-06-172020-07-092020-08-07
2020-04-08$0.4–0.0%Cashquarterly2020-02-042020-04-092020-05-08
2020-01-08$0.4–+21.2%Cashquarterly2019-12-032020-01-092020-02-07
2019-10-08$0.33–0.0%Cashquarterly2019-09-172019-10-092019-11-08
2019-07-08$0.33–0.0%Cashquarterly2019-06-252019-07-092019-08-09
2019-04-08$0.33–0.0%Cashquarterly2019-02-052019-04-092019-05-09
2019-01-08$0.33–+32.0%Cashquarterly2018-12-042019-01-092019-02-08
2018-10-05$0.25–0.0%Cashquarterly2018-09-172018-10-092018-11-09
2018-07-06$0.25–0.0%Cashquarterly2018-06-252018-07-092018-08-09
2018-04-06$0.25–0.0%Cashquarterly2018-02-052018-04-092018-05-09
2018-01-08$0.25–+13.6%Cashquarterly2017-12-042018-01-092018-02-09
2017-10-05$0.22–0.0%Cashquarterly2017-09-192017-10-062017-11-09
2017-07-05$0.22–0.0%Cashquarterly2017-06-272017-07-072017-08-09
2017-04-05$0.22–0.0%Cashquarterly2017-02-072017-04-072017-05-09
2017-01-05$0.22–+15.8%Cashquarterly2016-12-062017-01-092017-02-09
2016-10-05$0.19–0.0%Cashquarterly2016-09-272016-10-102016-11-09
2016-07-06$0.19–0.0%Cashquarterly2016-06-282016-07-082016-08-09
2016-04-06$0.19–0.0%Cashquarterly2016-02-022016-04-082016-05-09
2016-01-06$0.19–+18.8%Cashquarterly2015-12-082016-01-082016-02-09
2015-10-07$0.16–0.0%Cashquarterly2015-09-222015-10-092015-11-09
2015-07-07$0.16–0.0%Cashquarterly2015-06-102015-07-092015-08-10
2015-04-07$0.16–0.0%Cashquarterly2015-03-022015-04-092015-05-08
2015-01-07$0.16–+45.5%Cashquarterly2014-12-022015-01-092015-02-09
2014-10-07$0.11–0.0%Cashquarterly2014-09-162014-10-092014-11-10
2014-07-07$0.11–0.0%Cashquarterly2014-06-032014-07-092014-08-08
2014-04-07$0.11–0.0%Cashquarterly2014-02-042014-04-092014-05-09
2014-01-07$0.11$1.1+83.3%Cashquarterly2013-12-102014-01-092014-02-10
2013-10-07$0.06$0.60.0%Cashquarterly2013-09-172013-10-092013-11-08
2013-07-05$0.06$0.60.0%Cashquarterly2013-06-182013-07-092013-08-09
2013-04-05$0.06$0.6+100.0%Cashquarterly2013-02-052013-04-092013-05-09
2013-01-07$0.03$0.30.0%Cashquarterly2012-12-042013-01-092013-02-08
2012-10-05$0.03$0.30.0%Cashquarterly2012-09-122012-10-102012-11-09
2012-07-05$0.03$0.30.0%Cashquarterly2012-06-062012-07-092012-08-09
2012-04-04$0.03$0.3+100.0%Cashquarterly2012-02-082012-04-092012-05-09
2012-01-05$0.015$0.150.0%Cashquarterly2011-12-072012-01-092012-02-09
2011-10-05$0.015$0.150.0%Cashquarterly2011-09-222011-10-102011-11-09
2011-07-06$0.015$0.150.0%Cashquarterly2011-06-082011-07-082011-08-09
2011-04-06$0.015$0.150.0%Cashquarterly2011-02-092011-04-082011-05-09
2011-01-06$0.015$0.150.0%Cashquarterly2010-12-082011-01-102011-02-09
2010-10-07$0.015$0.150.0%Cashquarterly2010-09-222010-10-122010-11-10
2010-07-01$0.015$0.150.0%Cashquarterly2010-06-082010-07-062010-08-10
2010-04-07$0.015$0.150.0%Cashquarterly2010-02-032010-04-092010-05-10
2010-01-06$0.015$0.150.0%Cashquarterly2009-12-092010-01-082010-02-10
2009-10-07$0.015$0.150.0%Cashquarterly2009-09-222009-10-092009-11-10
2009-07-08$0.015$0.150.0%Cashquarterly2009-06-112009-07-102009-08-10
2009-04-08$0.015$0.150.0%Cashquarterly2009-02-032009-04-132009-05-08
2009-01-07$0.015$0.150.0%Cashquarterly2008-12-032009-01-092009-02-10
2008-10-08$0.015$0.150.0%Cashquarterly2008-09-102008-10-102008-11-10
2008-07-09$0.015$0.150.0%Cashquarterly2008-06-042008-07-112008-08-11
2008-04-07$0.015$0.150.0%Cashquarterly2008-02-052008-04-092008-05-09
2008-01-09$0.015$0.150.0%Cashquarterly2007-12-062008-01-112008-02-11
2007-10-17$0.015$0.150.0%Cashquarterly2007-09-062007-10-192007-11-09
2007-06-29$0.015$0.150.0%Cashquarterly2007-06-072007-07-032007-08-10
2007-04-04$0.015$0.15+66.7%Cashquarterly2007-02-092007-04-092007-05-10
2007-01-10$0.009$0.090.0%Cashquarterly2006-12-142007-01-122007-02-09
2006-10-05$0.009$0.09–Cashquarterly2006-09-142006-10-102006-11-10

Splits (1)

DateRatioCumulative
2014-01-2210:1×10 to today