V announced 10/22 a quarterly dividend increase from 0.40 to 0.48. The dividend is payable Dec. 2, 2014 to shareholders of record as of Nov. 14, 2014.
This is an increase of 20%! This is a great increase and with a low payout ratio, Visa has plenty of room to keep giving above-average raises going forward.
This is the 8th annual consecutive increase for Visa .
Since I own 27.54 shares, this will increase my yearly dividends by $8.81. I’ve had 32 stocks in my portfolio increase their dividend already this year.