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MarketFoolery

Why isn’t Visa’s dividend even higher?

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 18 October 2018

⏱️ 22 minutes

🧾️ Download transcript

Summary

Visa raises its quarterly dividend by four whole cents. Jason Moser analyzes Visa’s history of stock buybacks and compares it to the company’s dividend strategy. Plus, we discuss Travelers’ steady (and completely unsexy) business and the latest activist investor target: Campbell Soup!

Thanks Netsuite. Get the FREE guide, “Crushing the Five Barriers to Growth”, at www.NetSuite.com/Fool.

Transcript

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0:00.0

Thanks to NetSuite by Oracle, the business management software that handles every aspect of your business in an easy to use cloud platform.

0:08.0

Get the free guide crushing the five barriers to growth at net suite.com slash fool.

0:14.3

It's Thursday, October 18th.

0:18.0

Welcome to the market foolery.

0:19.0

I'm Chris Hill joining me in studio.

0:21.2

Jason Moser. How are you? I'm doing great, how about you?

0:25.6

I'm good, we got earning season heating up. We do, we do. We love this.

0:29.2

This is our favorite time of year. You know what else we love, Chris? It doesn't matter what time of the evening.

0:34.6

We love a Red Sox win.

0:36.2

You know, that game went a little late last night.

0:38.7

And it was a heck of a game, I mean, all of it, back and forth.

0:42.4

Pretty amazing stuff. It would not surprise me if someone in the

0:46.4

greater Boston area or for that matter in New England ended up in the hospital

0:50.7

with hard palpitations with the way these kids are going.

0:56.3

We're going to talk Visa.

0:57.5

We've got another activist fight brewing.

1:01.2

Let's start with your former employer and that's travelers

1:04.4

Travelers third quarter profit in revenue came in higher than expected

1:10.4

You clearly know this company much better than I do, but on paper, on the surface, this looks

1:17.4

like a really good quarter and this looks like the most important numbers are moving

1:22.4

in the right direction for them, which leads me to ask,

1:25.6

why is this stock down today and why is it basically flat for the year?

...

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