The ubiquitous financial services player Visa (NYSE: V) isn’t exactly an income stock — its dividend yield has fairly consistently been below 1% for years. But it does pay out regularly to shareholders, and it’s prefacing its next quarterly readout — coming on Wednesday after the close — with a dividend boost from $0.21 to $0.25 per share.
Which raises two interesting questions for MarketFoolery host Chris Hill and senior analyst Jason Moser: On the one hand, why is this highly profitable company not offer an even bigger hike? And on the other, in this rapidly evolving era of the War on Cash, could they be doing better things with their excess cash?
Visa is a popular stock for many South African portfolios and we thought you might enjoy this interview:
