Visa Set to Pay Out $0.67 Per Share Dividend, Ex-Dividend Date Approaching

Visa Inc. (NYSE:V) is about to go ex-dividend in four days, which means that any purchase of its shares on or after August 11th will not make the buyer eligible for the upcoming dividend payment.

The company's next dividend payment will be $0.67 per share, paid on September 1st, following a total payout of $2.68 to shareholders last year.

On its current stock price of $368.54, Visa has a trailing yield of 0.7% based on last year's worth of payments.

The company pays out just 23% of its profit after tax, leaving plenty of room for future dividend growth and providing a relatively stable source of income for shareholders.