American Express Company (AXP) to Distribute Quarterly Dividend of $0.95 on August 10th

American Express Company (NYSE:AXP) declared a quarterly dividend on Thursday, June 4th. Investors of record on Thursday, July 2nd will be paid 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 1.1%. The ex-dividend date 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 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 research analysts expect American Express to earn $20.15 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 Price Performance

NYSE:AXP opened at $340.86 on Tuesday. The company has a quick ratio of 1.56, a current ratio of 1.57 and a debt-to-equity ratio of 1.73. The firm has a market cap of $232.57 billion, a PE ratio of 21.26, a price-to-earnings-growth ratio of 1.40 and a beta of 1.06. American Express has a 12 month low of $288.34 and a 12 month high of $387.49. The company’s 50-day moving average price is $321.21 and its two-hundred day moving average price is $333.89.

American Express (NYSE:AXP) last posted its quarterly earnings data on Thursday, April 23rd. The payment services company reported $4.28 earnings per share for the quarter, topping the consensus estimate of $4.01 by $0.27. The company had revenue of $14.21 billion during the quarter, compared to analyst estimates of $18.60 billion. American Express had a net margin of 15.13% and a return on equity of 33.95%. The company’s revenue was up 11.4% on a year-over-year basis. During the same quarter last year, the business posted $3.64 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, equities analysts anticipate that American Express will post 17.64 EPS for the current fiscal year.

American Express Company Profile

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.