American Express Company (AXP) To Go Ex-Dividend on April 2nd

American Express Company (NYSE:AXP) declared a quarterly dividend on Monday, March 2nd. Investors of record on Friday, April 3rd will be given a dividend of 0.95 per share by the payment services company on Friday, May 8th. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Thursday, April 2nd. This is a 15.9% increase from American Express’s previous quarterly dividend of $0.82.

American Express has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 4 years. American Express has a payout ratio of 21.8% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect American Express to earn $17.60 per share next year, which means the company should continue to be able to cover its $3.80 annual dividend with an expected future payout ratio of 21.6%.

American Express Trading Up 1.8%

Shares of AXP opened at $297.47 on Tuesday. American Express has a one year low of $220.43 and a one year high of $387.49. The stock has a 50-day moving average price of $328.26 and a 200 day moving average price of $346.80. The company has a debt-to-equity ratio of 1.68, a quick ratio of 1.58 and a current ratio of 1.59. The company has a market capitalization of $204.00 billion, a P/E ratio of 19.33, a P/E/G ratio of 1.24 and a beta of 1.15.

American Express (NYSE:AXP) last posted its quarterly earnings data on Friday, January 30th. The payment services company reported $3.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.54 by ($0.01). American Express had a return on equity of 33.49% and a net margin of 15.00%.The business had revenue of ($17,139.00) million for the quarter, compared to analysts’ expectations of $18.91 billion. During the same quarter in the prior year, the firm earned $3.04 earnings per share. American Express’s revenue for the quarter was up 10.5% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Sell-side analysts forecast that American Express will post 15.33 EPS for the current fiscal year.

About American Express

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.