Visa Inc. Declares Quarterly Dividend, Increases Dividend Rate by 18%, & Announces Record Date for the 2017 Annual Meeting of...
October 18 2016 - 4:05PM
Business Wire
Visa Inc. (NYSE: V) today announced that on October 17, 2016,
its board of directors declared a quarterly cash dividend of $0.165
per share of class A common stock (determined in the case of class
B and C common stock and series B and C convertible participating
preferred stock on an as-converted basis), payable on December 6,
2016, to all holders of record as of November 18, 2016.
In addition, the Company announced that on October 17, 2016, its
board of directors approved the record date for the Company's 2017
Annual Meeting of Stockholders to be held on January 31, 2017. The
Company's class A common stockholders at the close of business on
December 2, 2016, the record date, will be entitled to vote at the
2017 Annual Meeting.
About Visa Inc.
Visa Inc. (NYSE: V) is a global payments technology company that
connects consumers, businesses, financial institutions, and
governments in more than 200 countries and territories to fast,
secure and reliable electronic payments. We operate one of the
world’s most advanced processing networks — VisaNet — that is
capable of handling more than 65,000 transaction messages a second,
with fraud protection for consumers and assured payment for
merchants. Visa is not a bank and does not issue cards, extend
credit or set rates and fees for consumers. Visa’s innovations,
however, enable its financial institution customers to offer
consumers more choices: pay now with debit, pay ahead with prepaid
or pay later with credit products. For more information, visit
usa.visa.com/about-visa, visacorporate.tumblr.com and
@VisaNews.
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version on businesswire.com: http://www.businesswire.com/news/home/20161018006647/en/
Visa Inc.Media RelationsConnie Kim,
+1 212-521-3962globalmedia@visa.comorInvestor
RelationsVictoria Hyde-Dunn, +1 650-432-7644ir@visa.com
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