American Express boosts dividend 15 percentApril 30, 2013 @ 11:06 am
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.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
'Fun' for DSHS
Despite looming cuts, DSHS employees were invited to an all-expenses paid workshop
Why grab a slice when you could order an entire pie from one of our favorite pizza places
Dori wonders why bike riders need a whole lane on Second Avenue
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.