American Express Announces Quarterly Dividend of $0.95 per Share

American Express (NYSE: AXP) has declared a quarterly dividend of $0.95 per share, consistent with its previous payout. The forward yield is currently at 1.24%. Shareholders who own the stock before October 9 will receive the payment on November 10. The announcement aligns with American Express's historical dividend pattern and reflects stability in its shareholder return strategy amid broader economic conditions affecting credit card delinquencies and charge-offs, as noted in recent financial reports. The company continues to be a focus for investors analyzing yield potential versus peer comparisons.

By Urvi Shah, SA News Editor · Seeking Alpha ·

American Express Announces Quarterly Dividend of $0.95 per Share

Tickers: $AXP

Topics: American Express dividends

Read the full article at Seeking Alpha

More World news