American Express Company (NYSE:AXP) Shareholders to Get $0.95 Quarterly Dividend

Key Points

• American Express declared a quarterly dividend of $0.95 per share, payable November 10 to shareholders of record as of October 9. The annualized dividend is $3.80 per share, representing a 1.2% yield.
• The dividend has increased for four consecutive years and is supported by a 21.8% payout ratio. Analysts expect a future payout ratio of approximately 18.7%, indicating continued earnings coverage.
• American Express reported quarterly EPS of $4.53, exceeding analysts’ $4.41 estimate, while revenue rose 10% year over year to $14.99 billion.

American Express Company (NYSE:AXP) announced a quarterly dividend on Monday, September 28th. Shareholders of record on Friday, October 9th will be paid a dividend of $0.95 per share by the payment services company on Tuesday, November 10th. This represents a $3.80 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Friday, October 9th.

American Express has raised its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 4 consecutive years. American Express has a dividend payout ratio of 21.8% meaning its dividend is sufficiently covered by earnings. Research analysts expect American Express to earn $20.27 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 18.7%.

American Express Trading Down 1.0%

American Express stock opened at $305.73 on Tuesday. The firm has a market capitalization of $206.46 billion, a price-to-earnings ratio of 18.55, a P/E/G ratio of 1.31 and a beta of 1.05. American Express has a 12-month low of $290.97 and a 12-month high of $387.49. The firm has a 50 day moving average of $330.51 and a 200 day moving average of $324.68. The company has a current ratio of 1.55, a quick ratio of 1.54 and a debt-to-equity ratio of 1.66.

American Express (NYSE:AXP - Get Free Report) last announced its quarterly earnings data on Friday, July 24th. The payment services company reported $4.53 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.41 by $0.12. American Express had a net margin of 15.07% and a return on equity of 34.12%. The firm had revenue of $14.99 billion during the quarter, compared to analysts' expectations of $19.70 billion. During the same period in the prior year, the company posted $4.08 earnings per share. The company's revenue for the quarter was up 10.0% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, research analysts predict that American Express will post 17.71 earnings per share for the current year.

American Express Company Profile

American Express Company NYSE: AXP is a global financial services company that provides payment, lending, travel and related products to consumers, small businesses and corporate customers. Its offerings include consumer and business charge and credit cards, payment solutions, commercial financing, deposit products and rewards programs.

American Express also operates a worldwide merchant network and provides businesses with payment acceptance services, transaction-processing capabilities and data-driven marketing solutions.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.