2024-04-22 06:00:00 ET
Summary
- Visa, a multinational financial services corporation, is now a $554 billion (by market cap) digital payments monstrosity.
- Visa is processing around $15 trillion in total volume annually.
- With inflation running hot over the last few years and causing the cost of almost everything to go up rather materially, Visa’s fee base is rising in kind.
- The 10-year dividend growth rate is 18.3% with the stock's yield of 0.8%.
- Visa moved its revenue from $12.7 billion in FY 2014 to $32.7 billion in FY 2023 with a compound annual growth rate of 11.1%.
Visa Inc. (V) is a multinational financial services corporation. Founded in 1958, Visa is now a $554 billion (by market cap) digital payments monstrosity that employs more than 28,000 people.
FY 2023 net revenue breaks down across the following four segments: Data processing revenues, 49%; Service revenues, 45%; International transaction revenues, 35%; and Other revenues, 8%. Client incentives, a contra-revenue segment, which reduced gross revenue by 27%, reconciles the difference....
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Visa: A Growth And Buyback Machine With Impressive Dividend Growth