American Express Company (NYSE:AXP) Updates On Dividend Release Date


On 2016-05-03, American Express Company (NYSE:AXP) confirmed the dividend disbursement of $0.29 a share to shareholders as on record 2016-07-01. The firm will release dividend on 2016-08-10 while ex-dividend date is reported to be 2016-06-29.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, American Express Company (NYSE:AXP) paid a total of $0.29 per share in dividends. This figure stood at $0.29 a share in the same period a year ago indicating a deviation of 12.2449%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $64.615 on the stock. This figure is the average of recommendations offered by 13 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $80 and $43, respectively.

Taking the mathematical rating formula, the price for American Express Company (NYSE:AXP) stands at 3.24. Earnings Review American Express Company (NYSE:AXP) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-19. For the period ending on 2016-09-30, experts are expecting EPS of $0.96.

Coming to the quarter ending on 2015-12-31, American Express Company (NYSE:AXP) recorded EPS of $2.1. The reported numbers came lower than the analysts’ estimates of $1.92, demonstrating a miss of $0.18 as against reported figures.

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