$1,000 in Visa Stock at IPO Now Worth Nearly $31,000
Visa's IPO in 2008 was one of the largest at the time, raising $17.9 billion.
If you had invested $1,000 in Visa stock when it went public, your investment would be worth approximately $30,610 today, representing a growth of 2,960% over the past 18 years.
This includes dividends, which have been raised for 18 consecutive years and have increased by 2,450% since the IPO. Without reinvested dividends, the stock is worth around $26,860 on its own.
The company's exceptional business model has made it a critical part of the global payments process without incurring credit risk.