American Express Expected To Raise Dividends Next Week By 8%

By John Heerdink LinkedIn

Dow 30 component American Express Company (AXP), and its subsidiaries provide customers and businesses globally with charge and credit payment card products and travel-related services. They look to enrich the lives of their customers and build business success.

As per reports, Financial data firm IHS Markit is expecting American Express along with Accenture, and Lockheed Martin to declare an increase in dividend next week. American Express which currently pays a quarterly dividend of 39 cents a share is expected to increase the dividend rate by 8% to 42 cents per share. A year earlier, American Express declared a quarterly dividend of 39 cents a share, which was nearly up by 11%, from its previous level.

To learn more about American Express Company (AXP) and to continue to track its progress please visit the Vista Partners American Express Coverage Page.

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