Visa Inc.: Cash Is King, But Credit's Good Too
I initiated a position in the company in August 2013 and have been more than pleased with the results as they are the 5th best performer in my portfolio as judged by internal rate of return. In that time I've received a dividend return of 1.60% and share price appreciation of 48.05%. That's good for a total return of 49.65% with an internal rate of return of 22.49%. As a dividend growth investor the even better news is that the dividend has been increased by 69.70% since I initiated the position.
Visa is a Dividend Challenger with 8 consecutive years of dividend growth. At a price of $71.56 the current yield is 0.78%.
However, that's what it's done for me in the past and has no bearing on the future. Is there any value in the shares at the current prices?
You can check out more of my stock and valuation analyses on my Stock Analysis page.