Visa Inc (NYSE:V) announced a quarterly dividend on Wednesday, July 17th, RTT News reports. Investors of record on Friday, August 16th will be given a dividend of 0.25 per share by the credit-card processor on Tuesday, September 3rd. This represents a $1.00 annualized dividend and a yield of 0.55%.

Visa stock opened at $180.53 on Friday. The business has a 50 day moving average price of $172.27. The stock has a market cap of $357.91 billion, a price-to-earnings ratio of 39.16, a price-to-earnings-growth ratio of 2.03 and a beta of 0.96. Visa has a 12-month low of $121.60 and a 12-month high of $181.35. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 0.58.

Visa (NYSE:V) last released its earnings results on Wednesday, April 24th. The credit-card processor reported $1.31 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.24 by $0.07. The company had revenue of $5.49 billion during the quarter, compared to analyst estimates of $5.46 billion. Visa had a net margin of 51.34% and a return on equity of 40.56%. The firm’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.11 EPS. As a group, analysts predict that Visa will post 5.37 EPS for the current fiscal year.

In related news, EVP William M. Sheedy sold 75,676 shares of the firm’s stock in a transaction on Tuesday, April 30th. The stock was sold at an average price of $165.24, for a total value of $12,504,702.24. Following the completion of the sale, the executive vice president now directly owns 300,114 shares in the company, valued at $49,590,837.36. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.17% of the stock is owned by company insiders.

A number of research firms have recently commented on V. Wells Fargo & Co increased their target price on Apollo Global Management from $38.00 to $42.00 and gave the company an “outperform” rating in a research report on Wednesday, July 10th. Jefferies Financial Group downgraded Alcoa from a “buy” rating to a “hold” rating in a research report on Thursday. Goldman Sachs Group set a €14.15 ($16.45) target price on Assicurazioni Generali and gave the company a “sell” rating in a research report on Thursday, May 2nd. BMO Capital Markets set a $32.00 target price on Axalta Coating Systems and gave the company a “hold” rating in a research report on Friday, April 26th. Finally, Nomura increased their target price on Visa from $175.00 to $178.00 and gave the company a “buy” rating in a research report on Thursday, April 25th. Two investment analysts have rated the stock with a hold rating and twenty-two have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $184.96.

About Visa

Visa Inc operates as a payments technology company worldwide. The company facilitates commerce through the transfer of value and information among consumers, merchants, financial institutions, businesses, strategic partners, and government entities. It operates VisaNet, a processing network that enables authorization, clearing, and settlement of payment transactions; and offers fraud protection for account holders and assured payment for merchants.

Featured Article: What does a bar chart mean for investors?

Dividend History for Visa (NYSE:V)

Receive News & Ratings for Visa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Visa and related companies with MarketBeat.com's FREE daily email newsletter.