Visa's Strong Earnings: A Dividend Growth Engine For Your Dividend Income Portfolio
2BanInvestment Thesis On July 23, Visa Inc. (NYSE:V) presented its latest earnings results. The company reported an EPS of $$2.42, which is an increase of 12% when compared to the same quarter in the previous year. It's also worth highlighting that payment volumes increased by 7% year-over-year, cross-border volume by 14%, and processed transactions by 10%. The company’s board of directors announced a quarterly cash dividend of $$0.52 per share, which will be paid on Sept. 3. Visa’s excellent earnings res ...