American Express Declares Dividend on Series D Preferred Stock

Rhea-AI Summary

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.

Positive

• Dividend of $4,240.28 per share indicates strong cash flow and commitment to shareholders.

Negative

• None.

American Express Company (NYSE:AXP) declared a dividend on the Company’s 3.550% Fixed Rate Reset Noncumulative Preferred Shares, Series D, of $4,240.28 per share (which is equivalent to $4.24028 per related Depositary Share).

The dividend is payable on September 15, 2021 to shareholders of record on September 1, 2021.

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: charge and credit cards, business credit cards, travel services, gift cards, prepaid cards, merchant services, Accertify, InAuth, corporate card, business travel, and corporate responsibility.

Source: American Express Company

Location: Global

View source version on businesswire.com: https://www.businesswire.com/news/home/20210817005789/en/

FAQ

What is the dividend amount declared by American Express (AXP)?

American Express declared a dividend of $4,240.28 per share on its Fixed Rate Reset Noncumulative Preferred Shares, Series D.

When will the dividend for American Express (AXP) be paid?

The dividend will be payable on September 15, 2021.

What is the record date for the American Express (AXP) dividend?

The record date for the dividend is September 1, 2021.

How does the dividend impact American Express (AXP) shareholders?

The dividend reflects American Express's strong cash flow and commitment to returning value to its shareholders.