American Express's latest quarterly cash dividend of $0.7 per share was issued to shareholders on record before Apr 4, 2024. At an annualized rate of $2.5 per share, the stock yields 1.05%. The latest AXP dividend of $0.7 is an increase from the previous $0.6 payout, representing a growth of 17%.
American Express's dividend yield of 1.05% is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 3.36%, American Express's dividend yield is 69% lower. The historical 5-year average of AXP's dividend yield is 1.4%, which is higher than the current one.
American Express has been paying dividends for the last 33 years. Our records show that AXP has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 16% since twelve months ago. However with the price of the stock up by 49% from a year ago, the dividend yield has a decrease of 22%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Apr 4, 2024 | May 10, 2024 | Mar 6, 2024 | $0.7 | normal |
| Jan 4, 2024 | Feb 9, 2024 | Dec 7, 2023 | $0.6 | normal |
| Oct 5, 2023 | Nov 10, 2023 | Sep 26, 2023 | $0.6 | normal |
| Jul 6, 2023 | Aug 10, 2023 | May 3, 2023 | $0.6 | normal |
| Apr 5, 2023 | May 10, 2023 | Mar 8, 2023 | $0.6 | normal |
| Jan 5, 2023 | Feb 10, 2023 | Dec 7, 2022 | $0.52 | normal |
| Oct 13, 2022 | Nov 10, 2022 | Sep 28, 2022 | $0.52 | normal |
| Jun 30, 2022 | Aug 10, 2022 | May 4, 2022 | $0.52 | normal |
| Apr 7, 2022 | May 10, 2022 | Mar 10, 2022 | $0.52 | normal |
| Jan 6, 2022 | Feb 10, 2022 | Dec 8, 2021 | $0.43 | normal |
| Oct 7, 2021 | Nov 10, 2021 | Sep 28, 2021 | $0.43 | normal |
| Jul 1, 2021 | Aug 10, 2021 | May 6, 2021 | $0.43 | normal |
| Mar 31, 2021 | May 10, 2021 | Mar 9, 2021 | $0.43 | normal |
| Jan 7, 2021 | Feb 10, 2021 | Dec 10, 2020 | $0.43 | normal |
| Oct 8, 2020 | Nov 10, 2020 | Sep 29, 2020 | $0.43 | normal |
| Jul 1, 2020 | Aug 10, 2020 | May 7, 2020 | $0.43 | normal |
| Apr 2, 2020 | May 8, 2020 | Mar 9, 2020 | $0.43 | normal |
| Jan 2, 2020 | Feb 10, 2020 | Dec 12, 2019 | $0.43 | normal |
| Oct 3, 2019 | Nov 8, 2019 | Sep 23, 2019 | $0.43 | normal |
| Jul 3, 2019 | Aug 9, 2019 | May 8, 2019 | $0.39 | normal |
| Apr 4, 2019 | May 10, 2019 | Mar 11, 2019 | $0.39 | normal |
| Jan 3, 2019 | Feb 8, 2019 | Nov 27, 2018 | $0.39 | normal |
| Oct 4, 2018 | Nov 9, 2018 | Sep 24, 2018 | $0.39 | normal |
| Jul 5, 2018 | Aug 10, 2018 | May 8, 2018 | $0.35 | normal |
| Apr 5, 2018 | May 10, 2018 | Mar 12, 2018 | $0.35 | normal |
| Jan 4, 2018 | Feb 9, 2018 | Nov 28, 2017 | $0.35 | normal |
| Oct 5, 2017 | Nov 10, 2017 | Sep 26, 2017 | $0.35 | normal |
| Jul 5, 2017 | Aug 10, 2017 | May 1, 2017 | $0.32 | normal |
| Apr 5, 2017 | May 10, 2017 | Mar 28, 2017 | $0.32 | normal |
| Jan 4, 2017 | Feb 10, 2017 | Nov 22, 2016 | $0.32 | normal |
| Oct 5, 2016 | Nov 10, 2016 | Sep 27, 2016 | $0.32 | normal |
| Jun 29, 2016 | Aug 10, 2016 | May 3, 2016 | $0.29 | normal |
| Apr 6, 2016 | May 10, 2016 | Mar 28, 2016 | $0.29 | normal |
| Jan 6, 2016 | Feb 10, 2016 | Dec 1, 2015 | $0.29 | normal |
| Oct 7, 2015 | Nov 10, 2015 | Sep 28, 2015 | $0.29 | normal |
American Express's payout ratio of 20.6% is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 39.6%, American Express's payout ratio is 48% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| C Citigroup Inc | 3.39% | $2.1 | 51.6% |
| BAC Bank Of America Corp | 2.48% | $0.94 | 30.3% |
| JPM Jpmorgan Chase & Co | 2.2% | $4.25 | 26.2% |
| COF Capital One Financial Corp | 1.64% | $2.4 | 20% |
| AXP American Express Co | 1.05% | $2.5 | 20.6% |
| V Visa Inc | 0.7% | $1.94 | 21.7% |
| MA Mastercard Inc | 0.53% | $2.46 | 20.7% |
Yes, American Express has been paying dividends for the last 33 years.
AXP hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in July 2024.
American Express's last regular dividend was on Apr 4, 2024 (ex-date) with the amount of $0.7 per share.
On an annual basis AXP pays $2.5 per share.
American Express's current dividend yield is 1.05%.
American Express has a quarterly dividend frequency.
American Express's dividend payout ratio is 20.6%.
American Express's dividend yield is lower than the Financial Services sector average.