Summary
This Form 8-K filing from Visa Inc., dated October 22, 2014, primarily announces the upcoming 2015 Annual Meeting of Stockholders and the declaration of a quarterly dividend. The Annual Meeting is scheduled for January 28, 2015, with a record date of December 1, 2014. This provides investors with a clear timeline for corporate governance activities and voting rights. Furthermore, the company's board of directors declared a quarterly dividend of $0.48 per share, payable on December 2, 2014, to stockholders of record as of November 14, 2014. This dividend announcement is a key piece of information for income-focused investors, indicating a return of capital to shareholders.
Key Highlights
- 1Visa Inc. has set its 2015 Annual Meeting of Stockholders for January 28, 2015.
- 2The record date for determining stockholders entitled to vote at the Annual Meeting is December 1, 2014.
- 3A quarterly cash dividend of $0.48 per share of class A common stock has been declared.
- 4The dividend will be paid on December 2, 2014.
- 5The dividend payment date is contingent on being a holder of record as of November 14, 2014.
- 6This filing includes a press release dated October 22, 2014, as an exhibit.
Frequently Asked Questions
The 2015 Annual Meeting of Stockholders is scheduled to be held on January 28, 2015.
The company declared a quarterly dividend of $0.48 per share of class A common stock (on an as-converted basis for class B and C common stock).
Stockholders of record of Visa's class A, B, and C common stock as of November 14, 2014, are eligible to receive the dividend. Stockholders of record as of December 1, 2014, will be entitled to vote at the Annual Meeting.
The quarterly dividend is payable on December 2, 2014.