American Express Board Authorizes 20 Percent Dividend Increase
Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
NEW YORK--(BUSINESS WIRE)--
The Board of Directors of American Express Company (NYSE: AXP) approved a $0.09 – or approximately 20 percent – increase in the regular quarterly dividend on the company’s common stock. The dividend was raised to $0.52 per common share, from $0.43 cents, payable on May 10, 2022, to shareholders of record on April 8, 2022.