NEW YORK--(BUSINESS WIRE)--The Board of Directors of American Express Company (NYSE: AXP) approved a $0.10 – or 17 percent – increase in the quarterly dividend on the company’s common stock, consistent with the planned increase discussed in the company’s fourth-quarter 2023 earnings release. The dividend was raised to $0.70 per common share, from $0.60, payable on May 10, 2024, to shareholders of record on April 5, 2024. ABOUT AMERICAN EXPRESS American Express is a globally integrated payments company, pr ...

Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. American Express (AXP) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.American Express is a member of our Finance group, which includes 856 different companies and currently sits at #6 in the Zacks Sector Rank. The Zacks Sector ...

Dividends are a signal to investors of a profitable business. Typically the most successful companies pay investors to own their stock. They have been thoroughly tested by the market and have not only survived but thrived. No-frills dividend stocks also tend to make the best investments.The asset managers at Hartford Funds looked at the performance of the S&P 500 going all the way back to 1930. They found there was never a decade when dividend stocks on the index produced a negative return. Non-payers could ...

American Express Company (AXP) recently announced that it had collaborated with American Express Global Business Travel in a bid to aid small and mid-sized firms in managing their expenses efficiently. This will provide small business owners with a solution to tackle the inefficient handling of expenses.This move bodes well for American Express as this new integration will enhance its offerings in the Commercial Services space. The company has promising prospects as it continuously strengthens its foothold ...

Dividend investing is a common strategy for investors planning for retirement. Corporations that distribute dividends can help you cover living expenses without having to sell shares. Some stocks do a better job of raising their dividends than others. On the other hand, some corporations offer higher yields but lower dividend growth rates.Investors can choose from many dividend stocks. It’s a good idea to assess the fundamentals first and then look into a stock’s yield and dividend growth rate. Investors lo ...

Growth at a reasonable price, or GARP, is an excellent strategy to earn quick investment profits. The GARP approach helps identify stocks priced below the market or any suitable target determined by a fundamental analysis.The strategy helps investors gain exposure to stocks with impressive prospects and trading at a discount. GARP stocks have solid prospects for cash flow, revenues, earnings per share (EPS) and others.A portfolio based on the GARP strategy comprises stocks that offer the best value and grow ...

Warren Buffett is considered one of the greatest investors of all time. A value investor at heart, his shrewd business sense and calm during market corrections have rewarded Berkshire Hathaway shareholders handsomely.One ingredient to Berkshire's secret sauce is simply finding good companies and holding them over time. Here's the reasoning behind Berkshire holding Coca-Cola (KO -0.82%) and American Express (AXP 0.11%) for over 30 years and the value in finding quality dividend stocks and holding them over m ...

American Express (AXP 0.11%) and Visa (V 0.18%) are both legendary stocks.Visa shares have skyrocketed 20 times in value since the company's initial public offering (IPO) in 2008. American Express shares, meanwhile, have increased in value by nearly 6,000% since 1977, the year of its IPO.Both companies operate high-quality businesses with proven long-term track records. But which stock is a better buy right now?Invest in this type of businessOne of the most powerful advantages a company can have is the magi ...

It's no secret that investing guru Warren Buffett loves Coca-Cola (KO -0.82%) and American Express (AXP 0.11%) stocks. Although he's generous with his investing advice, he doesn't typically address specific positions in the Berkshire Hathaway portfolio. But he has been singing these two companies' praises for years.He was touting them again in his annual shareholder letter released in late February, giving investors another peek into his approach to investing.Not big on newcomersDespite the fact they're ope ...

In the latest trading session, American Express (AXP) closed at $219.42, marking a +0.64% move from the previous day. The stock's change was more than the S&P 500's daily gain of 0.52%. Meanwhile, the Dow experienced a rise of 0.12%, and the technology-dominated Nasdaq saw an increase of 0.9%.The credit card issuer and global payments company's stock has climbed by 8.61% in the past month, exceeding the Finance sector's gain of 2.95% and the S&P 500's gain of 3.85%.The upcoming earnings release of American ...