American Express Declares New Dividend; Yield Is 1.4%
In a week full of finance sector dividend declarations, American Express (NYSE: AXP) is adding its own to the collection. On Thursday, the credit card giant declared a fresh quarterly payout of $0.43 per share of its common stock. This is to be paid on Feb. 10, 2021, to investors of record as of Jan. 8, 2021.
The amount matches the preceding five payouts dispensed by the company. Prior to that, it paid $0.39 per share.
Like its two major payment card rivals, Visa (NYSE: V) and Mastercard (NYSE: MA), American Express is a steady and reliable payer of dividends. It continues to distinguish itself among the three by having a relatively high yield -- 1.4% as of the most recent closing stock price, compared to Visa's 0.6% and Mastercard's 0.5%.
Source Fool.com
