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re: Visa getting roughed up today?

Posted on 8/1/13 at 11:01 am to
Posted by wegotdatwood
Member since Aug 2009
17094 posts
Posted on 8/1/13 at 11:01 am to
quote:

(they only started paying dividends in 2008).



That's when V went public, correct?
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89798 posts
Posted on 8/1/13 at 11:12 am to
quote:

That's when V went public, correct?


Yes, the IPO was in February (I believe) 2008 and they paid their first dividends ($0.11 in August).

Look at it this way, the dividend has tripled in 5 years. If it triples in the next 5, it will be $1 a share, quarterly, or $4 per year. If it just doubles the 5 after that, 10 years from now, your $6000 (33 shares, give or take) will be paying you about $2500 per year if you're just taking the income. If you reinvest dividends along the way, it's even more.

And we're not even buying this stock for the dividends, but for the overall growth potential.
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