Visa Maintains Dividends

The card's been swiped and the money is on its way. Visa (NYSE: V  ) has declared its latest common stock dividends, which are to be $0.33 per each class A and C share, and $0.139 in the case of class B. All will be handed out on Sept. 4 to holders of record as of Aug. 16. Those amounts match each of the credit card giant's three previous sets of distributions, the most recent of which was paid early last month. Before that, Visa handed out $0.22 per class A and C share, and $0.094 for class B.

The just-declared class A and C dividend annualizes to $1.32 per share. That yields 0.7% at Visa's most recent closing stock price of $189.38. The annualized payout for class B is $0.556, yielding 0.3%.


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

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: 2540914, ~/Articles/ArticleHandler.aspx, 12/22/2014 8:04:11 PM

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