The Traderszone Network

Published in TZ Latest News 27 August, 2017 by The TZ Newswire Staff

Is the American Express Company’s Dividend Safe?

Over the past six years, not only has theĀ American Express Company (NYSE: AXP) hiked its dividend, but it has done so by fairly generous amounts. In 2016, American Express raised its dividend by a little more than 10%; in 2015, the company raised it by 11.5%. These healthy increases in dividend payouts have begun to put American Express on the radar of dividend growth investors, even with a yield that is still below the market average at just 1.5%.

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