Mastercard is upgrading its open banking for lending program, powered by employment/income verifier Argyle.The new features, announced Tuesday (Aug. 13), lets Mastercard offer income and employment coverage to the estimated 95% of the U.S. workforce who are paid through direct deposit.“Securing a loan can be overwhelming, and those challenges are compounded for the 19 percent of individuals who fall outside of the traditional credit reporting system and therefore face difficulty opening a credit card or ren ...

This picture shows a Mastercard credit card, Thursday 01 August 2024. BELGA PHOTO NICOLAS ... [+] MAETERLINCK (Photo by NICOLAS MAETERLINCK / BELGA MAG / Belga via AFP) (Photo by NICOLAS MAETERLINCK/BELGA MAG/AFP via Getty Images)BELGA MAG/AFP via Getty ImagesMastercard’s stock (NYSE: MA) is up approximately 8% YTD as compared to the 12% rise in the S&P500 index over the same period. In sharp contrast, Mastercard’s peer Visa (NYSE: V) has given near zero return YTD. Overall, at its current price of $457 per ...

Mastercard isn't exactly a high-dividend stock, but the payout has increased rapidly.Mastercard (MA 0.26%) isn't exactly a high-dividend stock, with a 0.6% yield as of this writing. However, there's more to any dividend stock than its current yield. With that in mind, here's a look at Mastercard's dividend payout, its dividend history, and the stock's total return it has generated for investors.Mastercard's dividend payoutWe'll start with the shortest answer. Mastercard's current dividend payout is $2.64 pe ...

Investing wisely requires understanding a company’s fundamentals, ensuring a sound foundation for potential growth. This August, three stocks stand out in the consumer discretionary, technology and financial services sectors, each poised for significant gains.In consumer discretionary, a leading global fast-food chain has shown resilience through strategic pricing and strong brand loyalty, maintaining robust growth despite economic challenges. Its effective strategies make it a prime candidate for future ma ...

Mastercard Incorporated (MA) reported strong second-quarter 2024 results on Jul 31. Shares of the payments technology company rose 1.8% since it reported its results, reflecting investor optimism about the reaffirmed 2024 net revenues guidance and continued growth in cross-border volumes despite expectations of a slowdown in consumer spending growth.Before addressing the critical question of how investors should strategically position themselves regarding the stock, let’s first review the second-quarter res ...

Betting on dividend stocks, especially in the long run, can strengthen your portfolio.To begin, dividend-paying companies offer stable returns, ensuring sustainable cash flow even in volatile markets. Most of these companies continually increase their dividend payouts over the years. These dividends provide a consistent income stream that requires no effort from you. Many major corporations also initiate frequent stock buybacks, which enhance shareholder value. This combination of reliability and easy earni ...

MasterCard (MA) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this processor of debit and credit card payments have returned +3.7%, compared to the Zacks S&P 500 composite's -6.5% change. During this period, the Zacks Financial Transaction Services industry, which MasterCard falls in, has lost 2.5%. The key question now is: What cou ...

These three companies pack market-beating investment potential at fire-sale prices.The global economy is vast, with trillions of dollars constantly flowing back and forth. Facilitating all those transactions is big business, too. The global payments market is worth an estimated $2.6 trillion and could grow to nearly $5 trillion by the decade's end. You don't need to look hard to find an investment opportunity here.Naturally, such a big industry attracts a lot of attention. But you don't need to find the nex ...

Mastercard Inc MA reported better-than-expected second-quarter financial results on Wednesday.Mastercard reported fiscal second-quarter net revenues of $7.0 billion, up 10% year over year and 13% year over year on a neutral currency basis, beating the analyst consensus estimate of $6.85 billion. Adjusted EPS rose 24% year over year to $3.59, exceeding the analyst consensus estimate of $3.51.CEO Michael Miebach said, “This was supported by continued healthy consumer spending, robust cross-border volume growt ...

Mastercard TodayMAMastercard$464.75 +1.04 (+0.22%) 52-Week Range$359.77▼$490.00Dividend Yield0.57%P/E Ratio36.94Price Target$503.67Add to WatchlistMastercard NYSE: MA is the third largest company in the United States financial services industry, with a market capitalization of $431 billion. The firm released Q2 2024 financial results on July 31, 2024. We will review key points from the earnings release and explain the company's diverse revenue streams. We'll conclude by highlighting critical factors to moni ...