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American Express Declares Dividends on Series B and Series C Preferred Stock

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American Express Company (NYSE: AXP) has declared dividends on its Series B and C Preferred Shares. The quarterly dividend for Series B is set at $9,373.33 per share, payable on November 16, 2020, to shareholders of record on November 1, 2020. For Series C, the quarterly dividend will be $8,936.66 per share, payable on December 15, 2020, to shareholders of record on December 1, 2020. These dividends reflect the company's ongoing commitment to returning value to shareholders.

Positive
  • Quarterly dividend of $9,373.33 per Series B share, payable November 16, 2020.
  • Quarterly dividend of $8,936.66 per Series C share, payable December 15, 2020.
Negative
  • None.

NEW YORK--()--American Express Company (NYSE: AXP) has declared the following dividends on the Company’s Series B and C Preferred Shares:

  • A quarterly dividend on the Company’s 5.200% Fixed Rate / Floating Rate Noncumulative Preferred Shares, Series B, of $9,373.33 per share (which is equivalent to $9.37333 per related Depositary Share). The dividend is payable on November 16, 2020, to shareholders of record on November 1, 2020.
  • A quarterly dividend on the Company’s 4.900% Fixed Rate / Floating Rate Noncumulative Preferred Shares, Series C, of $8,936.66 per share (which is equivalent to $8.93666 per related Depositary Share). The dividend is payable on December 15, 2020, to shareholders of record on December 1, 2020.

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.

Location: Global

Contacts

Media:
Andrew R. Johnson, andrew.r.johnson@aexp.com, 212-640-8610

FAQ

What is the dividend amount for American Express Series B and C preferred shares?

The dividend for Series B is $9,373.33 per share, and for Series C, it is $8,936.66 per share.

When are the dividends for American Express Series B and C shares payable?

The Series B dividend is payable on November 16, 2020, and the Series C dividend on December 15, 2020.

What are the record dates for American Express dividends?

The record date for Series B is November 1, 2020, and for Series C, it is December 1, 2020.

What is the significance of the dividends declared by American Express?

The declared dividends indicate American Express's commitment to returning value to its shareholders.

American Express Company

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