Visa 2014 Annual Report Download - page 48

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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, 2014, we had 327 stockholders of record of our class A
common stock. 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 banks and
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:
Fiscal 2014 High Low
First Quarter ....................................................... $222.72 $ 180.11
Second Quarter .................................................... $235.50 $ 210.52
Third Quarter ...................................................... $218.16 $ 194.84
Fourth Quarter ..................................................... $224.75 $ 208.21
Fiscal 2013 High Low
First Quarter ....................................................... $152.51 $ 134.87
Second Quarter .................................................... $170.96 $ 153.93
Third Quarter ...................................................... $185.23 $ 161.27
Fourth Quarter ..................................................... $200.86 $ 170.99
There is currently no established public trading market for our class B or class C common stock.
There were 1,683 and 831 holders of record of our class B common stock and class C common stock,
respectively, as of September 30, 2014.
Dividend Declaration and Policy
During the fiscal years ended September 30, 2014 and 2013, 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.
Fiscal 2014
Dividend
Per Share
First Quarter ................................................................. $ 0.40
Second Quarter .............................................................. $ 0.40
Third Quarter ................................................................ $ 0.40
Fourth Quarter ............................................................... $ 0.40
Fiscal 2013
Dividend
Per Share
First Quarter ................................................................. $ 0.33
Second Quarter .............................................................. $ 0.33
Third Quarter ................................................................ $ 0.33
Fourth Quarter ............................................................... $ 0.33
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