Visa Inc.: Goodbye Cash, Hello Visa

Visa Inc. (V) Dividend Stock Analysis 2018

Visa Inc. (V) has been in business for over 60 years and has been a publicly traded company for 10 years now.  Since their IPO in 2008, the business has performed wonderfully and the returns have followed suit.  In March 2008, shares traded for a split-adjusted $14.88 per share and closed trading on Tuesday at $132.66.  Over the last 10 years Visa has also paid out $4.13 per share in dividends.  That puts the total value of shares purchased at the IPO at $136.79 or an 819% return.

It's been nearly 2 years since I've done a deep dive into Visa and now seemed like a prudent time given the 11%+ decline since late September and the overall turmoil in the markets.

The power of Visa is in its network with over 54 M businesses/merchants worldwide on the network and over $8 T in payments volume for 2018.  Visa's scale is hard to compete against and is a big reason why they continue to expand their market share.

Continue reading the article on Seeking Alpha.