Mastercard (MA) dividend history and yield
Dividend summary
- Frequency
- Quarterly
- Trailing 12 months
- $3.48
- Forward yield
- 0.58%
- Payout ratio
- 18.5%
- Growth streak
- 6 years
Mastercard pays a quarterly dividend of $0.87 per share. Its most recent payment had an ex-date of July 9, 2026 and was paid on August 7, 2026. The next one is listed at $0.87, going ex-dividend October 9 and paid November 9, 2026. Over the trailing twelve months, it paid $3.37 per share, a yield of about 0.61% at a share price of $552.24.
Mastercard has raised its dividend once a year, each time with the payment that goes ex-dividend in January. The rate went from $0.49 to $0.57 in 2023, then to $0.66 in 2024, $0.76 in 2025 and $0.87 in 2026. Each raise was a cent larger than the last, from eight to eleven cents, or 14.5% to 16.3%. Since early 2022, the quarterly rate has grown about 78%, close to 13% a year. Payments by calendar year rose from $1.96 in 2022 to $3.04 in 2025. The company has now increased its dividend for five consecutive years.
If the pattern holds, the payment after November would go ex-dividend in early January 2027 and be paid in early February. That is the payment where past raises have appeared.
Dividend per share by year
Dividend history
| Declared | Ex-dividend date | Pay date | Amount |
|---|---|---|---|
| Sep 29, 2026 | Oct 9, 2026 | Nov 9, 2026 | $0.87 |
| Jun 16, 2026 | Jul 9, 2026 | Aug 7, 2026 | $0.87 |
| Feb 10, 2026 | Apr 9, 2026 | May 8, 2026 | $0.87 |
| Dec 9, 2025 | Jan 9, 2026 | Feb 9, 2026 | $0.87 |
| Sep 16, 2025 | Oct 9, 2025 | Nov 7, 2025 | $0.76 |
| Jun 24, 2025 | Jul 9, 2025 | Aug 8, 2025 | $0.76 |
| Feb 10, 2025 | Apr 9, 2025 | May 9, 2025 | $0.76 |
| Dec 17, 2024 | Jan 10, 2025 | Feb 7, 2025 | $0.76 |
| Sep 16, 2024 | Oct 9, 2024 | Nov 8, 2024 | $0.66 |
| Jun 18, 2024 | Jul 9, 2024 | Aug 9, 2024 | $0.66 |
| Feb 6, 2024 | Apr 8, 2024 | May 9, 2024 | $0.66 |
| Dec 5, 2023 | Jan 8, 2024 | Feb 9, 2024 | $0.66 |
| Sep 19, 2023 | Oct 5, 2023 | Nov 9, 2023 | $0.57 |
| Jun 26, 2023 | Jul 6, 2023 | Aug 9, 2023 | $0.57 |
| Feb 14, 2023 | Apr 5, 2023 | May 9, 2023 | $0.57 |
| Dec 6, 2022 | Jan 6, 2023 | Feb 9, 2023 | $0.57 |
| Sep 19, 2022 | Oct 6, 2022 | Nov 9, 2022 | $0.49 |
| Jun 20, 2022 | Jul 7, 2022 | Aug 9, 2022 | $0.49 |
| Feb 8, 2022 | Apr 7, 2022 | May 9, 2022 | $0.49 |
| Nov 30, 2021 | Jan 6, 2022 | Feb 9, 2022 | $0.49 |
Frequently asked questions
Does Mastercard (MA) pay a dividend?
Yes. Mastercard pays a quarterly dividend; the most recent payment was $0.87 per share.
What is MA's dividend yield?
Mastercard paid $3.48 per share over the trailing twelve months, a yield of 0.58% at the last price of $596.96. Click here to learn more
When is MA's most recent ex-dividend date?
Mastercard's most recent ex-dividend date is Oct 9, 2026, payable on Nov 9, 2026.
What is the difference between ex and payment dates?
An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more
Has MA been raising its dividend?
Yes — Mastercard has increased its dividend for 6 consecutive calendar years.
Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.