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

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 of this dividend is Thursday, July 2nd.

American Express has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 4 consecutive years. American Express has a dividend payout ratio of 21.8% indicating that its dividend is sufficiently covered by earnings. 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 Performance

American Express stock opened at $312.98 on Friday. The firm has a market capitalization of $213.55 billion, a P/E ratio of 19.52, a PEG ratio of 1.22 and a beta of 1.06. The stock has a fifty day moving average price of $313.70 and a 200 day moving average price of $337.11. American Express has a 52 week low of $286.15 and a 52 week high of $387.49. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 1.73.

American Express (NYSE:AXPGet Free Report) last released its earnings results 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. The firm had revenue of $14.22 billion during the quarter, compared to analyst estimates of $18.60 billion. American Express had a return on equity of 33.95% and a net margin of 15.13%.The business’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.64 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Equities research analysts anticipate that American Express will post 17.59 earnings per share for the current year.

American Express News Roundup

Here are the key news stories impacting American Express this week:

American Express Company Profile

(Get Free Report)

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)

Receive News & Ratings for American Express Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Express and related companies with MarketBeat.com's FREE daily email newsletter.