Visa As of September 25, 2023 ticker dps (an.) 2023 hike 2022 hike 2021 hike
V $1.80 0.0% 20.0% 17.2%
Business yield Hike yrs 5 yr CAGR freq. paid since
Electronic Payments 0.8% 14 18.2% Quarter 2008
Visa hikes dividend by 17.2%

Payments technology company Visa Inc. (V) will raise its quarterly dividend by 17.2 percent to$0.375 per share in 2021. This comes after a dividend hike of 6.7 percent to 32 cents per share announced by V in 2020 and at the same time marks the 13th consecutive year of dividend increases by Dow Jones member Visa.

The next V dividend is payable on December 7, 2021, to all holders of record as of November 12, 2021. The new annual dividend of $1.50 per share yields 0.6% at a stock price of $232. Visa will now pay shareholders an estimated $3.2 billion in dividends annually.

Visa is a payments technology company enabling electronic payments for consumers, businesses, banks and governments worldwide. The company's transaction processing network, VisaNet, enables authorization, clearing, and settlement of payment transactions and provides financial institution and merchant clients with a range of products, platforms, and value-added services. Visa is not a bank and does not issue cards, extend credit, or set rates and fees for account holders on Visa products. Its financial institution clients are responsible for managing account holder and merchant relationships. The company has paid a quarterly dividend every year since 2008. Visa was added to the Dow Jones Industrial Average Index in 2013.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Sep 27 COP 1.7% 0.0%
Sep 28 NUE 1.3% 0.0%
Sep 28 HUM 0.7% 12.4%
Sep 28 EIX 4.4% 0.0%
Sep 28 MDLZ 2.4% 10.4%
Sep 28 DE 1.4% 12.5%
Sep 28 ITW 2.4% 6.9%
Sep 28 FITB 5.4% 6.1%
Sep 28 SYK 1.1% 0.0%
Sep 28 USB 5.8% 0.0%