American Express Plans to Increase Quarterly Dividend by 12 Percent

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Go back to American Express Plans to Increase Quarterly Dividend by 12 Percent

American Express (AXP) to Raise Dividend 12%, Buyback $6.6B

March 11, 2015 4:49 PM EDT

American Express Company (NYSE: AXP) said today that the Board of Governors of the Federal Reserve System did not object to its capital plan submitted on January 5, 2015 as part of the 2015 Comprehensive Capital Analysis and Review (CCAR). The plan included:

increasing the Companys quarterly dividend to 29 cents per share beginning with the second quarter 2015 dividend declaration, subject to approval by the Companys... More