American Express Company to Issue Quarterly Dividend of $0.95 (NYSE:AXP)

American Express Company (NYSE:AXP) declared a quarterly dividend on Thursday, June 4th. Investors of record on Thursday, July 2nd will be given a dividend of 0.95 per share by the payment services company on Monday, August 10th. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, July 2nd.

American Express has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 4 years. American Express has a dividend payout ratio of 21.8% meaning its dividend is sufficiently covered by earnings. Research analysts expect American Express to earn $20.10 per share next year, which means the company should continue to be able to cover its $3.80 annual dividend with an expected future payout ratio of 18.9%.

American Express Stock Up 4.1%

NYSE AXP opened at $312.98 on Friday. The business has a fifty day moving average price of $313.70 and a 200 day moving average price of $337.11. American Express has a one year low of $286.15 and a one year high of $387.49. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.56 and a current ratio of 1.57. The company has a market cap of $213.55 billion, a P/E ratio of 19.52, a P/E/G ratio of 1.22 and a beta of 1.06.

American Express (NYSE:AXPGet Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The payment services company reported $4.28 EPS for the quarter, beating the consensus estimate of $4.01 by $0.27. American Express had a return on equity of 33.95% and a net margin of 15.13%.The firm had revenue of $14.22 billion during the quarter, compared to the consensus estimate of $18.60 billion. During the same period in the prior year, the company earned $3.64 EPS. The firm’s revenue was up 11.4% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Research analysts anticipate that American Express will post 17.59 EPS for the current fiscal year.

American Express News Summary

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American Express Company Profile

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American Express is a global financial services company primarily known for its payment card products, travel services and merchant network. Founded in 1850 as an express mail business, the company evolved through the 20th century into a payments and travel-focused organization. Its core activities include issuing consumer and commercial charge and credit cards, operating a global card acceptance and processing network, and providing travel-related services and customer loyalty programs.

American Express issues a range of products for individuals, small businesses and large corporations, including personal cards, business and corporate cards, and co?brand partnerships with airlines, hotels and retailers.

See Also

Dividend History for American Express (NYSE:AXP)

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