American Express Keeping Dividend Steady
American Express will be paying investors a quarterly dividend $0.23 per share of common stock. The company has paid this amount since August 2013, after boosting its payout $0.03, or 15%, from $0.20 per share. This latest dividend amount will be payable on Nov. 8 to shareholders of record as of Oct. 4.
On an annualized basis, American Express' dividend adds to $0.92 per share. As of the market's close on Friday, Sept. 20, the company's stock was trading at $77.32, which means the company currently has a 1.2% dividend yield.
The article American Express Keeping Dividend Steady originally appeared on Fool.com.Fool contributor Caroline Bennett has no position in any stocks mentioned. The Motley Fool recommends American Express. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.