Visa Inc. trades around $223.88 as investors eye earnings tomorrow

Published: January 25 2023, 19:36 GMT+0

Visa Inc. trades around $223.88 as investors eye earnings tomorrow

Without a clear-cut direction, Visa Inc. is trading around $223.88 and ranging between $221.17 and $224.34.

  • Visa Inc. discloses 39.5 cents per share dividend to be paid on Tuesday, January 3rd

With the trading session well underway, S&P 500 is down 0% at 4,002. Dow Jones is down 0% at 33,643. Visa Inc. is flat, while the Financial Services sector seems to be on the same page.

Visa Inc. is scheduled to announce earnings results tomorrow. The consensus EPS estimate is two and the consensus revenue estimate is $7.70 billion.

The multinational financial services company has gained 7.96% since its lowest print of $177.65 earlier this year. The Dow Jones has been doing worse in 2022, it has been passing it by 6.19%. The company's market cap currently stands at $474 billion with an average daily volume of 5.25 million shares.

Also, the firm paid out a quarterly dividend of 39.5 cents per share on Tuesday, January 3rd to all active shareholders as of Friday, December 16th. Eligible investors secured a quarterly dividend yield of 0.706% for this year.

Meanwhile, mixed performances are seen in other financials stocks as HDFC Bank Limited is down 5.19% from the beginning of the session and now trades around $67.73. Wells Fargo & Company is up 1.36%. HSBC Holdings is trading at $37.06 after ending yesterday's session at $36.69 (up 1%).