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Visa (NYSE:V) declared a quarterly dividend on Wednesday, January 29th, Analyst Ratings.Net reports. Shareholders of record on Friday, February 14th will be given a dividend of 0.40 per share on Tuesday, March 4th. This represents a $1.60 dividend on an annualized basis and a yield of 0.72%.

A number of analysts have recently weighed in on V shares. Analysts at SunTrust raised their price target on shares of Visa from $275.00 to $300.00 in a research note to investors on Tuesday. On a related note, analysts at TheStreet reiterated a “buy” rating on shares of Visa in a research note to investors on Tuesday. Finally, analysts at Sandler O’Neill initiated coverage on shares of Visa in a research note to investors on Monday. They set a “buy” rating on the stock. Eleven equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $217.35.

Visa Inc (NYSE:V) is a global payments technology company that connects consumers, businesses, banks and governments in more than 200 countries and territories to fast, secure and reliable electronic payments.

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