|Bid||290.16 x 1100|
|Ask||290.30 x 1400|
|Day's Range||289.68 - 292.50|
|52 Week Range||171.89 - 293.69|
|Beta (3Y Monthly)||1.04|
|PE Ratio (TTM)||43.19|
|Earnings Date||Jan 29, 2020 - Feb 3, 2020|
|Forward Dividend & Yield||1.60 (0.55%)|
|1y Target Est||313.19|
Companies from financial services to real estate and medical devices offered investors holiday cheer, disclosing plans to increase their dividends this past week.
Mastercard is the IBD Stock of the Day as the top payments stock closes in on a buy zone after announcing a new buyback program and a dividend hike.
Mastercard Incorporated (MA) today announced that its Board of Directors has declared a quarterly cash dividend of 40 cents per share, a 21 percent increase over the previous dividend of 33 cents per share. The cash dividend will be paid on February 7, 2020 to holders of record of its Class A common stock and Class B common stock as of January 9, 2020. The Board of Directors also approved a new share repurchase program, authorizing the company to repurchase up to $8 billion of its Class A common stock.
Waste Management (WM) looks well placed on the back of its solid waste business, which helps to boost cash and earnings. However, high debt may limit its future expansion and worsen risk profile.
As rival Visa tests a new entry, payment processor Mastercard also sets up a potential new base, boosted by a 55.7% profit margin.
Americans??? confidence is dwindling as evident from the soft data for November. However, holiday shopping is shaping up well and make these ETFs and stocks great buys.
The Dow Jones Industrial Average enjoyed a bullish month, as did small-cap and key growth stocks. Will these six names jam in December?
Stock futures fell as President Trump signed a Hong Kong bill backing protesters, but China trade deal hopes remain. Facebook, Disney, Costco, Adobe and Mastercard are near buys.
Fintech startup Bunq is launching a metal card called the Green Card. The company has partnered with Eden Reforestation Projects to finance reforestation around the globe. It is also made of recyclable material (even though I’m not sure it’s that easy to recycle a metal card with a chip, a magnetic stripe and an NFC antenna after it expires).