Welcome to our dedicated page for American Express news (Ticker: AXP), a resource for investors and traders seeking the latest updates and insights on American Express stock.
American Express Company reports news about a global payments and premium lifestyle brand that issues charge and credit card products, operates a merchant payment network, and serves consumers, small and mid-sized businesses, large corporations, and merchants. Company updates often cover earnings releases, Card Member spending and credit performance, dividend actions on common and preferred shares, investor presentations, and capital allocation.
American Express news also includes product and network developments tied to commercial cards, co-brand card programs, Membership experiences, merchant relationships, Resy dining initiatives, small-business education, and brand partnerships. These announcements reflect the company's model of combining payments, lending, merchant acceptance, rewards, and service experiences across its global network.
The Board of Directors of American Express Company (NYSE: AXP) has declared a quarterly dividend of $0.43 per common share, set to be paid on November 10, 2021. Shareholders on record as of October 8, 2021 will receive this dividend. This decision reflects the company's commitment to returning value to its investors while maintaining a strong financial position.
American Express (NYSE: AXP) released its 2020-2021 ESG Report, detailing initiatives aimed at promoting diversity, equity, and inclusion (DEI), financial confidence, and climate solutions. The company plans to drive $100 billion in spending at small businesses and invest $500 million on community initiatives. Additionally, American Express commits to net-zero emissions by 2035 and will provide $10 million for climate-related philanthropic efforts. Notable DEI statistics include 48% of new hires globally being women and the achievement of 100% pay equity across genders globally.
American Express Company (NYSE: AXP) is set to host a live audio webcast for its earnings conference call at 8:30 a.m. (ET) on Friday, October 22, 2021. This call aims to discuss the company's financial results for the third quarter of 2021. Interested parties can access the webcast via the American Express Investor Relations website, where financial results and presentation materials will also be available at 7 a.m. (ET).
American Express (NYSE: AXP) has partnered with Extend to enhance virtual card solutions for U.S. businesses. Eligible American Express Business Card members can quickly generate virtual cards, or tokens, in just five minutes using Extend's app or desktop platform. This partnership aims to improve expense management, security, and payment automation, reflecting a growing trend among businesses to adopt digital payment solutions. According to the American Express Global Business Spend Indicator, 39% of U.S. businesses plan to increase their virtual card usage in the next year.
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American Express Company (NYSE:AXP) has announced a dividend of $4,240.28 per share on its 3.550% Fixed Rate Reset Noncumulative Preferred Shares, Series D. This dividend is payable on September 15, 2021, to shareholders of record as of September 1, 2021. This announcement underscores the company's commitment to returning value to shareholders while maintaining its position as a global leader in integrated payments.
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The Amex® Gold Card Pop-Up Diner is a traveling restaurant operating in four cities from September 10 to October 3, 2021, featuring exclusive culinary experiences by top Resy restaurants. Each city will showcase unique diner-inspired menus, including offerings from Andros Taverna in Chicago, Osteria in Philadelphia, Anju in Washington, D.C., and Rezdôra in Brooklyn. The event also includes a complimentary game for Gold Card Members, with prizes such as Delta gift cards. Dine-In tickets are $75 and takeout packages are $28, with sales starting on August 10 and August 12, respectively.
American Express Company (NYSE: AXP) will participate in two upcoming virtual investor conferences. On September 14, 2021, Vice Chairman and CFO Jeffrey C. Campbell will speak at the Barclays Global Financial Services Conference at 8:15 a.m. ET. On September 17, 2021, Douglas E. Buckminster, Vice Chairman and Group President, will present at the Autonomous Research Future of Commerce Symposium at 10:00 a.m. ET. Live webcasts will be available through the American Express Investor Relations website, with replays accessible afterward.