American Express Declares Dividend on Series D Preferred Stock and Regular Quarterly Dividend

Rhea-AI Summary

American Express (AXP) has declared a quarterly dividend on its Series D Preferred Shares and a regular quarterly dividend on common shares. The dividend on Series D Preferred Shares is $9,269.44 per share, payable on June 17, 2024. The regular quarterly dividend on common shares is $0.70 per share, payable on August 9, 2024.

NEW YORK--(BUSINESS WIRE)-- The Board of Directors of American Express Company (NYSE: AXP) has declared a quarterly dividend on the Company’s 3.550% Fixed Rate Reset Noncumulative Preferred Shares, Series D, of $9,269.44 per share (which is equivalent to $9.26944 per related Depositary Share). The dividend is payable on June 17, 2024 to shareholders of record on June 1, 2024.

The Board also declared a regular quarterly dividend of $0.70 per common share, payable on August 9, 2024, to shareholders of record on July 5, 2024.

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, X.com/americanexpress, and youtube.com/americanexpress.

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

Source: American Express Company
Location: Global

View source version on businesswire.com: https://www.businesswire.com/news/home/20240507913908/en/

Media:

Giovanna Falbo, Giovanna.Falbo@aexp.com, +1.212.640.0327

Andrew R. Johnson, Andrew.R.Johnson@aexp.com, +1.212.640.8610



Investors/Analysts:

Kartik Ramachandran, Kartik.Ramachandran@aexp.com, +1.212.640.5574

Kristy Ashmawy, Kristy.Ashmawy@aexp.com, +1.212.640.5574

Source: American Express Company

FAQ

What dividend has American Express declared on its Series D Preferred Shares?

American Express has declared a quarterly dividend of $9,269.44 per share on its Series D Preferred Shares.

When will the dividend on the Series D Preferred Shares be payable?

The dividend on the Series D Preferred Shares will be payable on June 17, 2024.

What is the regular quarterly dividend declared by American Express on its common shares?

American Express has declared a regular quarterly dividend of $0.70 per share on its common shares.

When will the regular quarterly dividend on common shares be payable?

The regular quarterly dividend on common shares will be payable on August 9, 2024.