American Express Declares Dividend on Series D Preferred Stock

Rhea-AI Summary

American Express Company (NYSE: AXP) has announced a quarterly dividend of $8,875 per share on its 3.550% Fixed Rate Reset Noncumulative Preferred Shares, Series D. The dividend is set to be payable on March 15, 2022 to shareholders who are on record as of March 1, 2022. This reflects the company's commitment to returning value to its shareholders.

Positive

• Quarterly dividend of $8,875 per share shows consistent income for shareholders.
• Dividend payment indicates company confidence and financial stability.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- American Express Company (NYSE:AXP) declared a quarterly dividend on the Company’s 3.550% Fixed Rate Reset Noncumulative Preferred Shares, Series D, of $8,875 per share (which is equivalent to $8.87500 per related Depositary Share).

The dividend is payable on March 15, 2022 to shareholders of record on March 1, 2022.

ABOUT AMERICAN EXPRESS

American Express is a globally integrated payments company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at americanexpress.com and connect with us on facebook.com/americanexpress, instagram.com/americanexpress, linkedin.com/company/american-express, twitter.com/americanexpress, and youtube.com/americanexpress.

Key links to products, services and corporate responsibility information: personal cards, business cards, travel services, gift cards, prepaid cards, merchant services, Accertify, Kabbage, Resy, corporate card, business travel, diversity and inclusion, corporate responsibility, and Environmental, Social, and Governance reports.

Source: American Express Company

Location: Global

View source version on businesswire.com: https://www.businesswire.com/news/home/20220127005663/en/

Media:

Andrew R. Johnson, Andrew.R.Johnson@aexp.com, 212-640-8610

Azar Boehm, Azar.Boehm@aexp.com, 212-225-4052

Investors/Analysts:

Vivian Y. Zhou, Vivian.Y.Zhou@aexp.com, 212-640-5574

Melanie L. Michel, Melanie.L.Michel@aexp.com, 212-640-5574

Source: American Express Company

FAQ

What is the dividend announced by American Express (AXP)?

American Express announced a quarterly dividend of $8,875 per share on its preferred shares.

When will the dividend for AXP be paid?

The dividend is payable on March 15, 2022.

What is the record date for the AXP dividend?

The record date for the dividend is March 1, 2022.

How often does American Express pay dividends?

American Express typically pays dividends quarterly.