re: Visa getting roughed up today?

quote:

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That's when V went public, correct?

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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.