Visa, Inc. (NYSE:V) announced that its board of directors had declared a 47% increase in the quarterly dividend aggregate amount on its class A common stock (determined in the case of class B and class C common stock on an as-converted basis) from $0.15 per share to $0.22 per share, payable on December 6, 2011, to all holders of record of the Company's class A, class B and class C common stock as of November 18, 2011. The quarterly dividend increase raises the annual dividend rate from $0.60 per share to $0.88 per share.

Read full article and disclaimer at : http://pennyomega.com/?p=18020