Visa reported higher fiscal fourth-quarter revenue and earnings on October 27 and increased its quarterly dividend by 16%.
The payments company said revenue rose 13% to $12.1 billion for the quarter ended September 30. Net income under generally accepted accounting principles reached $6 billion, up 18%, with diluted earnings of $3.19 per share. Adjusted earnings were $3.48 per share, excluding specified items.
Payments volume increased 9% in constant dollars, which removes currency fluctuations. Processed transactions rose 10% to 74.2 billion. Cross-border volume, excluding transactions within Europe, increased 14% in constant dollars.
For the full fiscal year, Visa reported $45.9 billion in revenue, up 15%, and $23.5 billion in net income, up 17%.
The board declared a quarterly dividend of 78 cents per Class A share, payable December 1 to holders of record November 10. The completed-period results and declared dividend are distinct from expectations for future performance.
Sources: Visa — October 27 earnings release filed with the SEC: https://www.sec.gov/Archives/edgar/data/1403161/000140316126000126/q42026earningsrelease.htm