Visa 2012 Annual Report Download - page 32

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Table of Contents
PART II
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, 2012 , we had 359 stockholders of record of our class A common stock. We believe that the number of beneficial
owners is substantially greater than the number of record holders, because a large portion of our class A common stock is held in
"street name" by brokers. 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:
There is currently no established public trading market for our class B or class C common stock. There were 1,697 and 1,128
holders of record of our class B common stock and class C common stock, respectively, as of September 30, 2012 .
Dividend Declaration and Policy
During the fiscal years ended September 30, 2012 and 2011 , 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.
In addition, on October 24, 2012 , our board of directors declared a quarterly cash dividend of $0.33 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 4, 2012 ,
to holders of record as of November 16, 2012 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 future dividends is at the sole discretion of our board of
directors after taking into account various factors, including our financial condition, settlement indemnifications, operating results,
available cash and current and anticipated cash needs.
30
ITEM 5.
Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
2012 High
Low
First Quarter
$
103.45
$
81.71
Second Quarter
120.70
98.33
Third Quarter
125.35
111.94
Fourth Quarter
136.65
119.10
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
2012 Dividend
Per Share
First Quarter
$
0.220
Second Quarter
0.220
Third Quarter
0.220
Fourth Quarter
0.220
2011 Dividend
Per Share
First Quarter
$
0.150
Second Quarter
0.150
Third Quarter
0.150
Fourth Quarter
0.150