Summary
Visa Inc. (V) filed an 8-K on October 17, 2016, primarily to announce two key decisions made by its Board of Directors. Firstly, the company declared a quarterly cash dividend of $0.165 per share, payable on December 6, 2016, to shareholders of record as of November 18, 2016. This demonstrates Visa's continued commitment to returning capital to its shareholders. Secondly, the Board approved the record date for the 2017 Annual Meeting of Stockholders, set for January 31, 2017. Stockholders of record as of December 2, 2016, will be eligible to vote at this meeting. These announcements are routine corporate governance and capital allocation events.
Key Highlights
- 1Declaration of a quarterly cash dividend of $0.165 per share.
- 2Dividend payment date set for December 6, 2016.
- 3Record date for dividend payment established as November 18, 2016.
- 4Approval of the record date for the 2017 Annual Meeting of Stockholders.
- 52017 Annual Meeting of Stockholders scheduled for January 31, 2017.
- 6Record date for voting eligibility at the 2017 Annual Meeting set for December 2, 2016.
Frequently Asked Questions
Visa declared a quarterly cash dividend of $0.165 per share of its class A common stock.
The dividend is payable on December 6, 2016.
All holders of record of Visa's common stock as of November 18, 2016, are eligible to receive the dividend.
The 2017 Annual Meeting of Stockholders is scheduled to be held on January 31, 2017.
Class A common stockholders of record at the close of business on December 2, 2016, will be entitled to vote at the meeting.