Visa 2011 Annual Report Download - page 38
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Table of Contents
PART II
ITEM 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
Price Range of Common Stock
Our class A common stock has been listed on the New York Stock Exchange under the symbol "V" since March 19, 2008. At September 30, 2011, the
Company had 378 stockholders of record of its class A common stock. The following table sets forth the intra-day high and low sale prices for our class A
common stock in each of our last eight fiscal quarters:
2011 High Low
First Quarter $ 81.75 $ 66.50
Second Quarter 77.08 67.51
Third Quarter 87.36 73.11
Fourth Quarter 94.75 76.11
2010 High Low
First Quarter $ 89.69 $ 66.54
Second Quarter 93.63 80.54
Third Quarter 97.19 68.29
Fourth Quarter 77.80 64.90
There is currently no established public trading market for our class B or class C common stock. There were 1,717 and 1,306 holders of record of our
class B common stock and class C common stock, respectively, as of September 30, 2011.
Dividend Declaration and Policy
During the fiscal years ended September 30, 2011 and 2010, we paid the following quarterly cash dividends per share of our class A common stock
(determined in the case of class B and C common stock, on an as-converted basis) to all holders of record of our class A, B and C common stock.
2011
Dividend Per
Share
First Quarter $ 0.150
Second Quarter 0.150
Third Quarter 0.150
Fourth Quarter 0.150
2010
Dividend Per
Share
First Quarter $ 0.125
Second Quarter 0.125
Third Quarter 0.125
Fourth Quarter 0.125
In addition, on October 18, 2011, our board of directors declared a quarterly cash dividend of $0.22 per share of class A common stock (determined in
the case of class B and C common stock, on an as-converted basis) payable on December 6, 2011, to holders of record as of November 18, 2011 of our class
A, B and C common stock.
Subject to legally available funds, we expect to continue paying quarterly cash dividends on our outstanding class A, B and C common stock in the
future. However, the declaration and payment of
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