Visa Declares Quarterly Dividend

Visa (NYSE: V  ) has declared its first dividend of 2013. The quarterly payout will be $0.33 per class A common stock, and on an as-converted basis for the company's class B and C shares. The dividend will be disbursed on March 5 to shareholders of record as of the end of February 15.

On an annualized basis, that dividend equates to a yield of 0.8%.

The payout matches the previous amount, which was handed out last November. Prior to that, Visa had disbursed $0.22 per share.

In recent times, the company has generally raised its dividend once every year.


Read/Post Comments (0) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2225997, ~/Articles/ArticleHandler.aspx, 10/22/2014 4:45:27 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement