American Express CompanyDeclared quarterly dividend on preferred shares, a financial event.

American Express declared a quarterly dividend of US$9,072.22 per Series D preferred share, equivalent to US$9.07222 per Depositary Share, while also launching a premium cardmember experience called The Summer EDITION and breaking ground on its new global headquarters tower at 2 World Trade Center. The company has joined the x402 Foundation to work on an AI-driven, open-source payment protocol, a move that intersects with the risk that low-cost digital alternatives could challenge traditional card networks. American Express's narrative projects $95.2 billion in revenue and $14.7 billion in earnings by 2029, requiring 11.4% yearly revenue growth and an earnings increase of about $3.6 billion from $11.1 billion. Some analysts are more cautious, estimating revenue near US$96.8 billion and earnings near US$14.2 billion by 2029, and warning that a pullback in airline and entertainment spending could weigh on future growth.
American Express CompanyDeclared quarterly dividend on preferred shares, a financial event.