The VISA 4 for 1 split announcement is great news! VISA is the highest priced stock in the DJIA and has been ripe for a split for a long time. There have been a few other split announcements in January, but none with such a high profile. VISA may or may not wind up in the 2 for 1 Index™, but regardless, it is my opinion that this announcement may spur other boards of directors to consider the timing of their next split announcement. With good earnings coming in and the economy steadily improving, we should expect a bump in the pace of split announcements.
