American Express Company (NYSE:AXP) to Issue Quarterly Dividend of $0.82

American Express Company (NYSE:AXP) announced a quarterly dividend on Wednesday, December 17th. Investors of record on Friday, January 2nd will be paid a dividend of 0.82 per share by the payment services company on Tuesday, February 10th. This represents a c) annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Friday, January 2nd.

American Express has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 4 consecutive years. American Express has a payout ratio of 18.9% meaning its dividend is sufficiently covered by earnings. Analysts expect American Express to earn $17.60 per share next year, which means the company should continue to be able to cover its $3.28 annual dividend with an expected future payout ratio of 18.6%.

American Express Stock Down 0.0%

Shares of AXP stock traded down $0.15 on Thursday, hitting $375.47. The company’s stock had a trading volume of 1,032,638 shares, compared to its average volume of 2,796,844. The stock has a market capitalization of $258.64 billion, a price-to-earnings ratio of 25.18, a P/E/G ratio of 1.72 and a beta of 1.14. The firm’s fifty day moving average price is $357.90 and its 200-day moving average price is $330.13. American Express has a fifty-two week low of $220.43 and a fifty-two week high of $387.49. The company has a debt-to-equity ratio of 1.78, a current ratio of 1.61 and a quick ratio of 1.59.

American Express (NYSE:AXP) last announced its quarterly earnings data on Friday, October 17th. The payment services company reported $4.14 EPS for the quarter, topping analysts’ consensus estimates of $3.98 by $0.16. American Express had a return on equity of 33.41% and a net margin of 14.97%.The company had revenue of $17.14 billion during the quarter, compared to the consensus estimate of $18.03 billion. During the same quarter last year, the company earned $3.49 EPS. The company’s quarterly revenue was up 11.0% on a year-over-year basis. American Express has set its FY 2025 guidance at 15.200-15.500 EPS. Research analysts anticipate that American Express will post 15.33 EPS for the current year.

American Express Company Profile

American Express Company, together with its subsidiaries, operates as integrated payments company in the United States, Europe, the Middle East and Africa, the Asia Pacific, Australia, New Zealand, Latin America, Canada, the Caribbean, and Internationally. It operates through four segments: U.S. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Network Services.