Better Dividend Stock: Visa vs. Bank of America
Dividend investing comes in many flavors, but the general goal of the strategy is to own shares of high-quality companies that will grow over time, providing a combination of share price appreciation and a growing Dividend income. Dividends are almost always a cash expense for companies, so it's a badge of merit when a company can regularly increase its payouts.
(NYSE: V) and Bank of America (NYSE: BAC) are financial sector juggernauts. One company operates the world's second-largest payments network (just behind China's UnionPay), while the other is America's second-largest bank, with over $3.2 trillion in assets. Both companies pay dividends, and have raised them for at least 10 consecutive years.
But which is the better dividend stock to buy now?
Source Fool.com
Visa Inc. A Stock
With 49 Buy predictions and not a single Sell prediction Visa Inc. A is an absolute favorite of our community.
As a result the target price of 355 € shows a positive potential of 20.75% compared to the current price of 294.0 € for Visa Inc. A.
