What is the new quarterly dividend amount for American Express common shares?

The new quarterly dividend amount is $0.39 per common share.

What was the previous quarterly dividend amount?

The previous quarterly dividend amount was $0.35 per common share.

What is the percentage increase in the quarterly dividend?

The quarterly dividend has increased by approximately 11.4%.

What does this dividend increase indicate about American Express?

This increase suggests that American Express's management is confident in the company's financial performance and its ability to sustain and grow dividend payments to shareholders.

AXP 8-K SEC Disclosure — Sep 25, 2018

Summary

American Express Company (AXP) announced a significant increase in its quarterly common share dividend, effective September 25, 2018. The dividend will rise from $0.35 to $0.39 per common share, representing an approximately 11.4% increase. This move signals strong confidence from management in the company's financial health and its ability to generate consistent cash flows to reward shareholders.

Key Highlights

1Quarterly dividend increased to $0.39 per common share from $0.35 per common share.
2Represents an approximate 11.4% increase in the quarterly dividend payout.
3The announcement was made via a press release filed on September 25, 2018.
4This dividend increase reflects positive management outlook and commitment to shareholder returns.
5The event date for the dividend declaration was September 23, 2018.

AMERICAN EXPRESS CO 8-K Report, Corporate Update (Sep 25, 2018)

Summary

Key Highlights

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