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

Rhea-AI Summary

The Board of Directors of American Express Company (NYSE: AXP) has declared a quarterly dividend of $0.52 per common share, payable on August 10, 2022, to shareholders of record on July 1, 2022. Additionally, a dividend of $9,072.22 per share on the Company’s 3.550% Fixed Rate Reset Noncumulative Preferred Shares, Series D, is also declared, payable on June 15, 2022, to shareholders of record on June 1, 2022.

Positive

• Quarterly dividend of $0.52 per common share enhances shareholder income.
• Preferred shares dividend of $9,072.22 indicates stability in dividend policy.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- The Board of Directors of American Express Company (NYSE: AXP) has declared a regular quarterly dividend of $0.52 per common share, payable on August 10, 2022, to shareholders of record on July 1, 2022.

The company also declared a quarterly dividend on the Company’s 3.550% Fixed Rate Reset Noncumulative Preferred Shares, Series D, of $9,072.22 per share (which is equivalent to $9.07222 per related Depositary Share). The dividend is payable on June 15, 2022 to shareholders of record on June 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/20220504006159/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

Michelle A. Scianni, Michelle.A.Scianni@aexp.com, 212-640-5574

Source: American Express Company

FAQ

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

American Express has declared a quarterly dividend of $0.52 per common share.

When is the dividend payable for American Express common shares (AXP)?

The dividend is payable on August 10, 2022.

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

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

What dividend was declared for American Express Preferred Shares (AXP)?

A dividend of $9,072.22 per share was declared for the 3.550% Fixed Rate Reset Noncumulative Preferred Shares, Series D.

When is the dividend payable for American Express Preferred Shares (AXP)?

The dividend for the Preferred Shares is payable on June 15, 2022.

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

The record date for the Preferred Shares dividend is June 1, 2022.