American Express (AXP) will raise its quarterly dividend by 11.5 percent to $0.29 per share in 2015. Last year the company also increased its dividend by 3 cents to 26 cents per share quarterly.
The next dividend is payable on August 10, 2015 to shareholders of record on July 2, 2015. The ex-date for the increased dividend of 29 cents per share is June 30, 2015. American Express has increased its dividend every year since 2012.
American Express is an integrated payments company. The company's principal products and services are charge and credit card products, and travel-related services, which are offered to consumers and businesses around the world. Its operating segments are: Global Consumer Services Group (GCSG), Global Commercial Services (GCS) and Global Merchant & Network Services (GNMS). American Express began doing business on March 28, 1850 and was first listed on the New York Stock Exchange on May 18, 1977. The company has increased dividends every year since 2012.
2022