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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Visa Inc | NYSE:V | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
4.06 | 1.51% | 272.55 | 272.78 | 269.57 | 269.65 | 3,958,748 | 01:00:00 |
By Ben Glickman
Visa increased its quarterly cash dividend 16% and authorized a multiyear $25 billion share buyback program.
The payments company raised its quarterly payout to 52 cents from 45 cents as it reported fourth-quarter results. The dividend, equal to a yearly payout of $2.08, represents an annual yield of 0.88% based on Tuesday's closing price of $234.65.
Visa last raised its dividend a year earlier, when it lifted the payout 20% to 45 cents.
Write to Ben Glickman at ben.glickman@wsj.com
(END) Dow Jones Newswires
October 24, 2023 16:46 ET (20:46 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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