American Express Co Stock Price, News & Analysis

The Board of Directors of American Express (NYSE: AXP) has announced a quarterly dividend of $0.52 per common share, with a payment date of February 10, 2023. Shareholders of record as of January 6, 2023 will be eligible to receive this dividend. This decision reflects the company's ongoing commitment to return value to its shareholders while maintaining a strong financial position.

American Express (NYSE: AXP) announced the reopening of its Leadership Academy for 2023, aiming to support nonprofit leaders in navigating current challenges. The six-month program will enroll 75 underrepresented leaders from the U.S., Canada, and Latin America, starting online in February and culminating in an in-person event in New York City from March 20-23. This year's theme is “Resilient Changemakers,” focusing on innovative skills and storytelling. American Express has invested approximately $100 million in the Academy since its inception in 2007.

American Express (NYSE:AXP) has launched Amex Business Link, a new B2B payments ecosystem that streamlines payment processes for businesses. This platform facilitates both card and non-card payments, allowing for efficient domestic and cross-border transactions. Key features include digital onboarding, lending solutions, and seamless integration with CRM and ERP systems. Currently, Amex Business Link serves over 500 businesses across five countries, providing enhanced payment management and insights for buyers and suppliers.

American Express (NYSE: AXP) and Square are expanding their partnership with the launch of a new credit card tailored for Square sellers, enhancing support for small businesses. The card will operate on the American Express network and integrate seamlessly with Square’s ecosystem, allowing small business owners to manage finances more effectively. This initiative aims to provide fair credit solutions, addressing challenges faced by sellers in accessing credit. Additional details regarding the card will be announced in the upcoming year.

American Express (NYSE: AXP) has launched the #ShopSmall Accelerator in partnership with TikTok, aimed at empowering small businesses to engage Gen Z shoppers. The initiative provides access to resources, tools, and a $100 TikTok advertising credit, effective from November 14, 2022. This program coincides with Small Business Saturday on November 26, 2022, part of a broader goal to stimulate $100 billion in consumer spending at small businesses by 2025. The collaboration also includes a dedicated

American Express Company (NYSE: AXP) CEO Stephen J. Squeri will participate in the Goldman Sachs U.S. Financial Services Conference on December 6 at 10:40 a.m. Eastern. The discussion will focus on the company's business strategy and financial performance. A live audio webcast will be available on the American Express Investor Relations website, with a replay accessible afterward.

American Express is a global payments company, offering products and services to enhance customer experience and business success.

American Express Travel has released its 2023 Trending Destinations list, showcasing the ten most popular travel spots based on global Card Member bookings. The list is accompanied by three-day itineraries crafted by consultants to enhance travel planning, covering where to stay, eat, and explore. Key insights from the Amex Trendex survey reveal that 70% of respondents seek out new adventures, while 89% prioritize trips for holistic health. American Express continues to offer premium benefits, including a guaranteed late check-out for Platinum Card Members.

American Express (NYSE: AXP) has pledged $2 million to the United Negro College Fund (UNCF) to support students from underrepresented communities. This funding will provide 300 grants worth $5,000 each over three years to HBCU senior students, aiding their transition into careers. In addition, American Express will facilitate internship and job opportunities for HBCU students and recent graduates. The program underscores the company's commitment to diversity and inclusion.