Sponsored by: Investment Center

Something new in your business?  Click here to submit your business press release

Chamber Corner | Main Street News | Job Hunt | Classifieds | Calendar | Illinois Lottery 

American Express boosts dividend 15 pct

Send a link to a friend

[May 01, 2013]  NEW YORK (AP) -- American Express Co. is increasing its quarterly dividend by 15 percent.

The New York company declared a dividend of 23 cents per share. That's up 3 cents from the last quarter.

American Express will pay the dividend Aug. 9 to shareholders as of July 5.

It's the first dividend increase by the charge card company since early 2012.

It's also the second dividend increase of a component of the Dow Jones industrial average on Tuesday. Earlier, IBM said it was raising its dividend 12 percent and authorizing a $5 billion share buyback plan.

[Associated Press]

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Civic

< Top Stories index

Back to top


 

News | Sports | Business | Rural Review | Teaching & Learning | Home and Family | Tourism | Obituaries

Community | Perspectives | Law & Courts | Leisure Time | Spiritual Life | Health & Fitness | Teen Scene
Calendar | Letters to the Editor