American Express Ups Quarterly Dividend 17%

Dow Jones

03-04

By Sabela Ojea

American Express is raising its quarterly dividend by 17% to 82 cents a share.

The credit card giant on Monday said that its board of directors authorized increasing its quarterly payout to shareholders to 82 cents a share from 70 cents a share previously.

The new payout, equal to $3.28 annually, represents a yield of 1.11%, based on the company's latest closing price of $295.49.

The dividend will be paid on May 9 to shareholders of record on April 1.

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

(END) Dow Jones Newswires

March 03, 2025 17:25 ET (22:25 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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@sabelaojeaguix \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 03, 2025 17:25 ET (22:25 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":1}}}