UPDATE 1-MasterCard doubles dividend, to buy back $2 bln of shares
Feb 5 (Reuters) - MasterCard Inc doubled its quarterly cash dividend and said it would buy back up to $2 billion of its Class A shares, days after the card payment network reported strong fourth- quarter results helped by its performance in emerging markets.
Related Videos
-
Emerging Markets Graduate During the CrisisWith all their reforms taken over the last 10-15 years, emerging markets proved to be well-prepared for the recent financial crisis, says T. Rowe Price's Gonzalo Pangaro.
-
Emerging - Markets Bonds Similar to Other Risk AssetsAlthough developing-markets debt purchases have been escalating of late, investors should be aware of the correlations to other assets as well as currency risks, says Morningstar's Eric Jacobson.
-
Three Risks to Emerging - Markets InvestingSeafarer's Andrew Foster discusses how inflation, currency risk, and growth moderation could spoil the emerging - markets party.
-
Focus on Local Trends in Emerging MarketsDurable long-term local trends in the emerging markets include credit deepening, urbanization, and more consumers coming into the marketplace, says Columbia Acorn Emerging Markets Fund manager Stephen Kusmierczak.