Although Visa doesn't fit the general mold of a "Dividend Growth Investment", I do allocate up to 25% of my retirement portfolio to non/low dividend paying stocks. Looking at Visa's recent dip, it's now on my radar. Check out the link below, from one of my favorite online bloggers/authors...
...."And when I say "pristine" balance sheet, I'm not using that word as hyperbole. Visa is entirely free of the encumbrances that slow down the long-term earnings per share growth rates of many other excellent blue-chip stocks. How much preferred stock does Visa have? None. What pension obligations does Visa have? None. How about total debt? None."......
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Although Visa doesn't fit the general mold of a "Dividend Growth Investment", I do allocate up to 25% of my retirement portfolio to non/low dividend paying stocks. Looking at Visa's recent dip, it's now on my radar. Check out the link below, from one of my favorite online bloggers/authors...
http://seekingalpha.com/article/2167263-visas-fall-to-200-is-classic-short-term-thinking
...."And when I say "pristine" balance sheet, I'm not using that word as hyperbole. Visa is entirely free of the encumbrances that slow down the long-term earnings per share growth rates of many other excellent blue-chip stocks. How much preferred stock does Visa have? None. What pension obligations does Visa have? None. How about total debt? None."......