Mastercard Inc(NYSE:MA) Declares Dividend of $0.1900.

Mastercard Inc (NYSE:MA) had declared a cash dividend of $0.1900 on Sep 27, 2016. The shares will quote ex-dividend on Oct 6, 2016 and the record date has been fixed for Oct 10, 2016. On Sep 27, 2016 share price, the yield comes out to be 0.7513%. The dividend payable date has been fixed on Nov 9, 2016.

In a different note, On Sep 8, 2016, Barclays said it Maintains its rating on Mastercard Inc. In the research note, the firm Raises the price-target to $107.00 per share. The shares have been rated ‘Overweight’ by the firm. On Sep 8, 2016, Nomura said it Maintains its rating on Mastercard Inc. In the research note, the firm Raises the price-target to $109.00 per share. The shares have been rated ‘Buy’ by the firm. On Sep 6, 2016, Baird said it Maintains its rating on Mastercard Inc. In the research note, the firm Raises the price-target to $115.00 per share. The shares have been rated ‘Outperform’ by the firm. On Jul 29, 2016, JP Morgan said it Maintains its rating on Mastercard Inc. In the research note, the firm Raises the price-target to $108.00 per share. The shares have been rated ‘Overweight’ by the firm. On Jul 29, 2016, Barclays said it Maintains its rating on Mastercard Inc. In the research note, the firm Raises the price-target to $103.00 per share. The shares have been rated ‘Overweight’ by the firm. On Jul 29, 2016, Citigroup said it Maintains its rating on Mastercard Inc. In the research note, the firm Raises the price-target to $106.00 per share. The shares have been rated ‘Buy’ by the firm.

Mastercard Inc (MA) made into the market gainers list on Fridays trading session with the shares advancing 1.15% or 1.16 points. Due to strong positive momentum, the stock ended at $101.77, which is also near the day’s high of $102.23. The stock began the session at $100.78 and the volume stood at 55,03,915 shares. The 52-week high of the shares is $102.31 and the 52 week low is $78.52. The company has a current market capitalization of $111,717 M and it has 1,09,77,43,540 shares in outstanding.

Mastercard Inc(MA) last announced its earnings results on Jul 28, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $2.69B. Analysts had an estimated revenue of $2.59B. Earnings per share were $0.96. Analysts had estimated an EPS of $0.90.

Several Insider Transactions has been reported to the SEC. On Aug 11, 2016, Foundation Mastercard (10% owner) sold 56,016 shares at $96.53 per share price.Also, On Aug 10, 2016, Martina Hundmejean (Chief Financial Officer) sold 94,345 shares at $96.82 per share price.On Aug 10, 2016, Silvio Barzi (director) sold 9,600 shares at $96.47 per share price, according to the Form-4 filing with the securities and exchange commission.

MasterCard Incorporated is a technology company in the global payments industry. The Company connects consumers financial institutions merchants Governments and businesses around the world enabling them to use electronic forms of payment instead of cash and checks. The Company’s brands include MasterCard Maestro and Cirrus. It provides offerings such as loyalty and reward programs information services and consulting. The Company focuses on segments including Government programs such as Social Security payments unemployment benefits and others; commercial programs such as payroll health savings accounts employee benefits and others and consumer reloadable programs for individuals without formal banking relationships and non-traditional users of electronic payments. The Company provides a variety of products and solutions that support payment products that customers can offer to their cardholders.

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