Visa Inc. (NYSE:V) is recognized as one of the 10 Best Dividend Stocks to Buy and Hold Forever. The company is utilizing AI through its Intelligent Commerce platform, partnering with top tech firms, and acquiring Featurespace for fraud detection. Visa has a strong dividend history, with a 17-year streak of increases and a 0.68% dividend yield as of July 31.
Visa Inc. (NYSE:V) declared a quarterly dividend of $0.59 per share on July 29, maintaining its consistent payout. The company’s 18.5% payout ratio and lack of lending risk make it a reliable payment processor stock. Visa has delivered impressive annualized dividend growth rates over the past decade, appealing to dividend growth investors.
While Visa (V) presents investment potential, certain AI stocks may offer greater upside with less downside risk. Investors seeking undervalued AI stocks can explore opportunities beyond Visa. For insights on a promising short-term AI stock benefiting from tariffs and onshoring trends, check out the free report on the best short-term AI stock.
Read more at Yahoo Finance: Is Visa (V) a Smart Buy and Hold Stock in the Tech-Driven Market?