Visa Inc. V today
announced that its board of directors had declared a quarterly dividend in the
aggregate amount of $0.22 per share of class A common stock (determined in the
case of class B and class C common stock on an as-converted basis) payable on
September 4, 2012, to all holders of record of the Company's class A, class B
and class C common stock as of August 17, 2012.
In addition, the Company announced it had decided to deposit $150 million into
the litigation escrow account previously established under the Company's
retrospective responsibility plan (the "Plan"). The funding calculations will
be conducted in accordance with the Company's certificate of incorporation
currently in effect. Under the terms of the Plan, when the Company funds the
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