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Visa's board of directors approved a 16% increase in the company's quarterly cash dividend to $0.78 per share.
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Following strong fiscal fourth-quarter results, Visa's board of directors approved a 16% increase to the quarterly cash dividend and authorized a new $5 billion share repurchase program.
Following Visa's fourth-quarter earnings release, several financial institutions, including Oppenheimer and Morgan Stanley, updated their price targets for the company's stock.
JPMorgan has updated its price target for Visa Inc. shares, raising the target from $450 to $455.