01—Abstract
Summary
Summary of the 8-K filed January 25, 2024. Cited figures are marked; the original filing is the authoritative source.
Visa Inc. (V) filed an 8-K on January 24, 2024, reporting on its fiscal first quarter ended December 31, 2023.
The company announced its financial results via an earnings release on January 25, 2024, which is attached as an exhibit to this filing. Investors should refer to this earnings release for detailed financial performance, including revenue, net income, and earnings per share for the quarter. The company also announced that it will be hosting a conference call on January 25, 2024, to discuss these results, providing an opportunity for further clarification and insights from management.
02—Key points
Key Highlights
- Visa Inc. announced its fiscal first quarter 2024 financial results (ended December 31, 2023) via an earnings release on January 25, 2024.
- The earnings release detailing the financial results for the quarter is furnished as Exhibit 99.1 to the 8-K filing.
- A conference call to discuss the fiscal first quarter financial results was scheduled for January 25, 2024.
- The Board of Directors declared a quarterly cash dividend of $0.520 per share of class A common stock.
- The dividend is payable on March 1, 2024, to shareholders of record as of February 9, 2024.
- The dividend payment will be on an as-converted basis for class B-1 and C common stock and series A, B and C convertible participating preferred stock.
03—Questions
Frequently Asked Questions
Where can I find the detailed financial results for Visa's fiscal first quarter ended December 31, 2023?
The detailed financial results are available in the earnings release dated January 25, 2024, which is furnished as Exhibit 99.1 to this 8-K filing.
What is the amount of the quarterly cash dividend declared by Visa's Board of Directors?
Visa's Board of Directors declared a quarterly cash dividend of $0.520 per share of class A common stock.
When will the declared dividend be paid and to whom?
The dividend is payable on March 1, 2024, to all holders of record as of February 9, 2024.
Does the dividend amount apply equally to all classes of Visa stock?
The dividend amount of $0.520 per share is for class A common stock. For class B-1 and C common stock and series A, B, and C convertible participating preferred stock, the dividend is determined on an as-converted basis.
04—Continue