DEXWireNews

Mastercard (NYSE: $MA) Bullish Bias

Long
BATS:MA   Mastercard Incorporated
Mastercard (NYSE: MA ) is above all of its moving averages, which means it has a bullish bias.

MA 's 50-day Moving Average is above the 200-day Moving average giving Bulls partial control of the MA stock.
However, MA still appears to have an upward momentum.

Key Event

A. Dividend increase
Mastercard increased its quarterly dividend payment to shareholders by 16%. The dividend will be paid on December 29, 2023 to stockholders of record on December 20, 2023.

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