A Close Look at Visa Inc.'s Double-Digit Dividend Increase
Major credit card companies are certainly a good place for dividend investors recently. American Express (NYSE: AXP), MasterCard (NYSE: MA) and Visa (NYSE: V) have all rewarded shareholders with rapidly growing dividends for years. Now Visa is demonstrating its propensity for dividend increases once again, serving investors up a handsome 18% dividend increase.
For investors interested in Visa as a dividend stock, here's a close look at the company's most recent dividend, as well as why more double-digit dividend increases are likely in the years to come.
Source: Fool.com
American Express Co. Stock
Our community is currently high on American Express Co. with 23 Buy predictions and 8 Sell predictions.
However, we have a potential of -3.24% for American Express Co. as the target price of 215 € is below the current price of 222.2 €.