American Express Co. (NYSE: AXP)’s board of directors issued a regular quarterly dividend on Monday. Shareholders of record on October 8th, 2010 will be paid $0.18 per share on November 10th, 2010.
American Express Company (American Express) is a bank holding company. Its principal products and services are charge and credit payment card products and travel-related services offered to consumers and businesses. American Express has four segments: U.S. Card Services, International Card Services, Global Commercial Services (GCS), and Global Network & Merchant Services (GNMS). Its products and services include charge and credit card products, expense management products and services, consumer and business travel services, stored value products, such as Travelers Cheques and other prepaid products, network services, merchant acquisition and processing, point-of-sale, servicing and settlement and marketing and information products and services for merchants, and fee services. They are sold to diverse customer groups, including consumers, small businesses, middle-market companies, and corporations. Its subsidiary is American Express Travel Related Services Company, Inc. (TRS).
Shares of AXP traded up 0.72% during mid-day trading on Monday, hitting $43.44. The company has a 52 week range of $31.69 to $49.19. The company has a market cap of $52.3 billion and 1.2 billion outstanding shares.
