The board of American Express Company approved a 10c – or 17% – increase in the quarterly dividend on the company’s common stock, consistent with the planned increase discussed in the company’s Q4 earnings release. The dividend was raised to 70c per common share, from 60c, payable on May 10 to shareholders of record on April 5.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on AXP:
- White House to limit credit card late fees, Reuters reports
- American Express exposed to third-party breach, BleepingComputer says
- Buffett says American Express, Coke holdings likely ‘untouched’ in 2024
- American Express initiated with a Hold at DBS Bank
- American Express Issues $2 Billion in Secure Notes