American Express Company (NYSE:AXP) had declared a cash dividend of $0.3200 on Sep 27, 2016. The shares will quote ex-dividend on Oct 5, 2016 and the record date has been fixed for Oct 7, 2016. On Sep 27, 2016 share price, the yield comes out to be 2.0183%. The dividend payable date has been fixed on Nov 10, 2016.
American Express Company (AXP) made into the market gainers list on Fridays trading session with the shares advancing 1.06% or 0.67 points. Due to strong positive momentum, the stock ended at $64.04, which is also near the day’s high of $64.37. The stock began the session at $63.78 and the volume stood at 43,06,976 shares. The 52-week high of the shares is $77.85 and the 52 week low is $50.27. The company has a current market capitalization of $59,159 M and it has 92,37,80,900 shares in outstanding.
American Express Company(AXP) last announced its earnings results on Jul 20, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $8.23B. Analysts had an estimated revenue of $8.30B. Earnings per share were $2.26. Analysts had estimated an EPS of $1.92.
Several Insider Transactions has been reported to the SEC. On May 27, 2016, Susan Sobbott (Pres., Glbl Commercial Pymnts) sold 14,682 shares at $65.50 per share price.Also, On May 25, 2016, Michael John O’neill (EVP, Corp Affairs & Comm) sold 51,690 shares at $64.95 per share price.On May 20, 2016, Kenneth I Chenault (Chairman & CEO) sold 838,968 shares at $62.65 per share price, according to the Form-4 filing with the securities and exchange commission.
American Express Company is a global services company. The Companys principal products and services are charge and credit payment card products and travel-related services offered to consumers and businesses around the world. The Companys segments include U.S. Card Services International Card Services Global Commercial Services and Global Network & Merchant Services. The Companys United States banking subsidiaries Centurion Bank and AEBFSB issue a range of Card products and services. It also issues its charge and credit Cards around the world either on its own or as cobrands with partnering institutions. The Company provides expense management and travel services to companies and organizations through its Global Corporate Payments and Global Business Travel businesses. The Global Network & Merchant Services (GNMS) segment operates a global payments network that processes and settles card transactions.