Summary
Visa Inc. (V) filed an 8-K on July 18, 2017, to announce a routine but important update for its shareholders: the declaration of its quarterly cash dividend. The company's board of directors approved a dividend of $0.165 per share for its Class A common stock, with proportional adjustments for other classes of stock. This declaration signals continued confidence in the company's financial health and commitment to returning value to shareholders.
Key Highlights
- 1Visa Inc. declared a quarterly cash dividend of $0.165 per share.
- 2The dividend applies to Class A common stock and is adjusted for Class B, Class C, and Series B and C convertible participating preferred stock on an as-converted basis.
- 3The payment date for the dividend is September 5, 2017.
- 4The record date for determining dividend eligibility is August 18, 2017.
- 5The announcement was made via a press release dated July 18, 2017.
- 6This filing is an 8-K report detailing "Other Events".