Is Visa the Best Dividend Stock for You?
(NYSE: V) is one of the largest transaction processors in the world, with its brand practically synonymous with the cards (credit and otherwise) that bear its logo. It has a long history of growth behind it and its strong industry position suggests it can continue to increase its dividend for years to come. But is it the best dividend stock? Well, that depends.
To get the biggest problem with Visa as a dividend stock out of the way right up front, the dividend yield is a paltry 0.8% or so. That's even lower than the 1.3% you could receive from an S 500 index fund. If your goal is to live off of the dividends you collect from your portfolio, well, Visa is probably not going to be a great choice for you.
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Source Fool.com
Visa Inc. A Stock
The stock is an absolute favorite of our community with 50 Buy predictions and no Sell predictions.
With a target price of 280 € there is a slightly positive potential of 17.13% for Visa Inc. A compared to the current price of 239.05 €.
