On 28 October, Visa (V) increased its dividend by 13.56%, from 59¢ to 67¢ per share.
The dividend is payable on 1 December to shareholders of record on 12
November.
V’s contribution to DivGro’s projected annual dividend income will
increase by $32 to $268.
I own 100 shares of V at an average cost basis of $204.32 per share. Following this increase, my yield on cost
is 1.31%. (V’s forward yield is 0.79% at $339.67 per share).
Since I opened my position in September 2018, the stock has delivered a total return of 71%, including $876.13 in
dividends. That’s a splendid annualized rate of return of 12.1%!
5-Year History of Dividend Payouts by Ex-Date
| 2020 | 2021 | 2022 | 2023 | 2024 | • | 2025 |
| $1.220 | $1.335 | $1.575 | $1.870 | $2.150 | ⬆ | $2.440✝ |
| 16.19% | 9.43% | 17.98% | 18.73% | 14.97% | ⬇ | 13.49% |
| 5-year DGR: | 15.41% | ⬇ | 14.87% | |||
✝projected, assuming no further changes
