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American Express logoAmerican Express AXP

The company said in a press release dated March 6, 2024 that it is raising its quarterly common share dividend to $0.70 per share from $0.60 per share.

8-KOther EventsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said in a press release dated March 6, 2024 that it is raising its quarterly common share dividend to $0.70 per share from $0.60 per share.

  2. The company said its Board approved a quarterly dividend increase of $0.10, or 17%.

  3. The company said the increased dividend is payable on May 10, 2024 to shareholders of record on April 5, 2024.

  4. The company said the dividend increase is consistent with the planned increase it discussed in its earnings release for Q4 2023, the fourth quarter of 2023.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Quarterly Dividend Raised to $0.70 per Share

The company said in a press release dated March 6, 2024 that it is raising its quarterly common share dividend to $0.70 per share from $0.60 per share.

Source · Based on the filing body and exhibits

$0.10 Dividend Up 17%

The company said its Board approved a quarterly dividend increase of $0.10, or 17%.

Source · Based on the filing body and exhibits

Dividend Payable May 10, 2024, Record Holders as of April 5

The company said the increased dividend is payable on May 10, 2024 to shareholders of record on April 5, 2024.

Source · Based on the filing body and exhibits

Matches Plan Outlined in Q4 2023 Earnings Release

The company said the dividend increase is consistent with the planned increase it discussed in its earnings release for Q4 2023, the fourth quarter of 2023.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.