Summary
Visa Inc. (V) has filed an 8-K report detailing two key corporate actions approved by its Board of Directors. Firstly, the company has set the date for its 2014 Annual Meeting of Stockholders, scheduled for January 29, 2014. This announcement establishes the timeline for crucial shareholder decisions and board elections. Secondly, Visa declared a quarterly cash dividend of $0.40 per share. This dividend will be paid on December 3, 2013, to shareholders of record as of November 15, 2013. This action reflects the company's commitment to returning value to its shareholders and provides a clear income opportunity for investors holding the stock as of the specified record date.
Key Highlights
- 1Visa Inc. announced its 2014 Annual Meeting of Stockholders will be held on January 29, 2014.
- 2The record date for voting eligibility at the Annual Meeting is December 3, 2013.
- 3The Board of Directors declared a quarterly cash dividend of $0.40 per share.
- 4The dividend is payable on December 3, 2013.
- 5The record date for the dividend payment is November 15, 2013.
- 6The dividend applies to class A, class B, and class C common stock on an as-converted basis.
Frequently Asked Questions
Visa's 2014 Annual Meeting of Stockholders is scheduled to be held on January 29, 2014.
Class A common stockholders of record at the close of business on December 3, 2013, will be entitled to vote at the Annual Meeting.
Visa declared a quarterly dividend of $0.40 per share of class A common stock (determined on an as-converted basis for class B and C common stock).
The dividend will be paid on December 3, 2013, to all holders of record of Visa's class A, class B, and class C common stock as of November 15, 2013.