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Actionable news in MA: MASTERCARD INCORPORATED,

Mastercard hikes dividend, OKs new buyback plan

Mastercard Inc. is boosting its quarterly dividend by 3 cents a share and setting aside an additional $4 billion to buy back stock.

Both moves are in line with increases the company made a year ago to its dividend and buyback plan. The Purchase, N.Y.-based company has about $1.3 billion left under...


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