American Express (AXP) Dividend
American Express Company · Financial Services · Credit Services · quarterly payer
As of Nov 5, 2026, American Express (AXP) pays a quarterly dividend of $0.95 per share, or $3.80 a year, a 1.14% yield at its $328.42 share price. It pays every quarter, usually in February, May, August and November. It has raised its dividend 4 years in a row and has a dividend safety grade of A.
Forward Yield
1.14%
Annual Dividend
$3.80
Payout Ratio
15%
5-Yr Growth
12.9%
Ex-Date
Oct 9, 2026
Frequency
Quarterly
Key facts about AXP's dividend
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, American Express Company (AXP) has a forward dividend yield of 1.14%, based on an annual dividend of $3.80 per share and a share price of $328.42.
- As of Nov 5, 2026, AXP's dividend safety grade from SmarterDividends is A (96 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, American Express Company (AXP) has raised its dividend for 4 consecutive years as of Nov 5, 2026.
- AXP has never cut its regular dividend in the payment history SmarterDividends has on record.
- AXP's most recent ex-dividend date was Oct 9, 2026, for a dividend of $0.95 per share.
- As of Nov 5, 2026, AXP pays out 15% of its trailing 12-month earnings as dividends (its payout ratio).
- AXP's dividend has grown at an average rate of 12.9% a year over the past five years.
- As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for AXP is $463.72 per share, 41% above the $328.42 share price, so AXP screens as undervalued.
- American Express Company (AXP) pays its dividend quarterly, 4 times a year.
- American Express Company (AXP) has raised its regular dividend 34 times and cut it 0 times across the 200 payments on record since 1977. Its most recent change was a 15.9% increase to $0.950 per share, going ex-dividend on Apr 2, 2026.
- American Express (AXP) has declared its first higher dividend of the year in March in 4 of the last 5 years; its most recent raise, 15.9%, was declared on Mar 2, 2026.
Cite this page
SmarterDividends, "AXP Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/AXP
Is AXP a good dividend stock?
YesAmerican Express Company (AXP) pays a quarterly dividend yielding 1.14% ($3.80/yr), with 4 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (15%)
- Strong 12.9% 5-yr dividend growth
- 110% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 1.14%
- Payout Ratio
- 15%
- Annual Dividend
- $3.80
- 5-Yr Avg Growth
- 12.9%
- Ex-Dividend Date
- Oct 9, 2026
- Years of Growth
- 4
- Frequency
- quarterly
- Beta
- 1.08
- Market Cap
- $220.2B
- P/E Ratio
- 18.5
- 5-Yr Total Return
- 110%
- 52-Week Range
- $290.97 – $387.49
- Dividend Safety
- A · 96/100
- Ever Cut?
- No
AXP dividend raises and cuts
American Express Company (AXP) has raised its regular dividend 34 times and cut it 0 times across the 200 payments on record since 1977. Its most recent change was a 15.9% increase to $0.950 per share, going ex-dividend on Apr 2, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Apr 2, 2026 | Raise | $0.820 → $0.950 | +15.9% |
| Apr 4, 2025 | Raise | $0.700 → $0.820 | +17.1% |
| Apr 4, 2024 | Raise | $0.600 → $0.700 | +16.7% |
| Apr 5, 2023 | Raise | $0.520 → $0.600 | +15.4% |
| Apr 7, 2022 | Raise | $0.430 → $0.520 | +20.9% |
| Oct 3, 2019 | Raise | $0.390 → $0.430 | +10.3% |
| Oct 4, 2018 | Raise | $0.350 → $0.390 | +11.4% |
| Oct 5, 2017 | Raise | $0.320 → $0.350 | +9.4% |
| Oct 5, 2016 | Raise | $0.290 → $0.320 | +10.3% |
| Jun 30, 2015 | Raise | $0.260 → $0.290 | +11.5% |
| Jul 9, 2014 | Raise | $0.230 → $0.260 | +13.0% |
| Jul 2, 2013 | Raise | $0.200 → $0.230 | +15.0% |
Show all 34 changes since 1977
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Apr 3, 2012 | Raise | $0.180 → $0.200 | +11.1% |
| Jan 2, 2008 | Raise | $0.150 → $0.180 | +20.0% |
| Jul 5, 2006 | Raise | $0.120 → $0.150 | +25.0% |
| Oct 5, 2005 | Raise | $0.105 → $0.120 | +14.2% |
| Oct 6, 2004 | Raise | $0.0875 → $0.105 | +20.0% |
| Jul 1, 2003 | Raise | $0.0700 → $0.0875 | +25.0% |
| Apr 20, 2000 | Raise | $0.0656 → $0.0700 | +6.7% |
| Jun 30, 1999 | Raise | $0.0656 → $0.0659 | +0.4% |
| Jul 1, 1994 | Raise | $0.0644 → $0.0656 | +2.0% |
| Sep 30, 1991 | Raise | $0.0592 → $0.0644 | +8.7% |
| Dec 29, 1989 | Raise | $0.0541 → $0.0592 | +9.5% |
| Dec 30, 1988 | Raise | $0.0489 → $0.0541 | +10.5% |
| Mar 30, 1987 | Raise | $0.0463 → $0.0489 | +5.6% |
| Dec 26, 1986 | Raise | $0.0438 → $0.0463 | +5.9% |
| Sep 30, 1985 | Raise | $0.0412 → $0.0438 | +6.3% |
| Jul 1, 1983 | Raise | $0.0386 → $0.0412 | +6.7% |
| Jan 3, 1983 | Raise | $0.0354 → $0.0386 | +9.1% |
| Jan 4, 1982 | Raise | $0.0322 → $0.0354 | +10.0% |
| Mar 28, 1980 | Raise | $0.0290 → $0.0322 | +11.1% |
| Apr 2, 1979 | Raise | $0.0257 → $0.0290 | +12.5% |
| Jun 30, 1978 | Raise | $0.0225 → $0.0257 | +14.3% |
| Oct 3, 1977 | Raise | $0.0193 → $0.0225 | +16.7% |
Frequently Asked Questions
Is AXP a good dividend stock?
Yes. American Express Company (AXP) pays a quarterly dividend yielding 1.14% ($3.80/yr), with 4 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is AXP undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, AXP's fair value is about $463.72 versus a $328.42 share price — so it looks undervalued (+41% vs. fair value).
Is AXP's dividend safe?
AXP has a dividend-safety grade of A (96/100), based on its payout coverage, free-cash-flow, 4-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is AXP's fair value?
Our blended fair-value estimate for AXP is about $463.72 per share, roughly 41% above the current $328.42 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is AXP a buy, hold, or sell?
We don't issue formal ratings, but on the data AXP screens as "yes" and undervalued. American Express Company (AXP) pays a quarterly dividend yielding 1.14% ($3.80/yr), with 4 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will AXP cut its dividend?
AXP earns a dividend-safety grade of A (96/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does AXP pay a dividend?
Yes. American Express Company pays a quarterly dividend of about $3.80 per share annually, a forward yield of roughly 1.14%.
How much dividend does 100 shares of AXP pay?
At $3.80 per share a year, 100 shares of AXP pay $380.00 a year in dividends before tax, about $95.00 each quarter. Buying them costs about $32,842 at the Nov 5, 2026 price.
What is AXP's dividend yield?
As of Nov 5, 2026, AXP's forward dividend yield is 1.14%, based on a $3.80 annual dividend and a $328.42 share price.
What is AXP's dividend per share?
As of Nov 5, 2026, AXP pays $3.80 per share per year, distributed on a quarterly basis.
What is AXP's dividend payout ratio?
As of Nov 5, 2026, AXP's payout ratio is 15% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has AXP grown its dividend?
As of Nov 5, 2026, AXP has increased its dividend for 4 consecutive years.
When is the next AXP ex-dividend date?
As of Nov 5, 2026, AXP's next ex-dividend date hasn't been announced. The most recent was Oct 9, 2026, for $0.95 per share.
AXP Price — Last 12 Months
Daily close
Price Return
1 Year
-13%
3 Years
+87%
5 Years
+110%
52-Week Range
$290.97 – $387.49
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is AXP worth?
Undervaluedlow confidenceOur blended fair-value estimate for American Express Company is $463.72 per share, versus a market price of $328.42. That implies 41% of upside — a margin of safety of about 29%.
Fair Value
$463.72
Current Price
$328.42
Upside
+41%
Margin of Safety
29%
How we get there
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 9.7% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $17.75 EPS, $3.80 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
AXP Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full AXP dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Oct 9, 2026 | Nov 10, 2026 | $0.9500 | regular |
| Jul 2, 2026 | Aug 10, 2026 | $0.9500 | regular |
| Apr 2, 2026 | May 8, 2026 | $0.9500 | regular |
| Jan 2, 2026 | Feb 10, 2026 | $0.8200 | regular |
| Oct 10, 2025 | Nov 10, 2025 | $0.8200 | regular |
| Jul 3, 2025 | Aug 8, 2025 | $0.8200 | regular |
| Apr 4, 2025 | May 9, 2025 | $0.8200 | regular |
| Jan 3, 2025 | Feb 10, 2025 | $0.7000 | regular |
| Oct 4, 2024 | Nov 8, 2024 | $0.7000 | regular |
| Jul 5, 2024 | Aug 9, 2024 | $0.7000 | regular |
| Apr 4, 2024 | May 10, 2024 | $0.7000 | regular |
| Jan 4, 2024 | Feb 9, 2024 | $0.6000 | regular |
| Oct 5, 2023 | Nov 10, 2023 | $0.6000 | regular |
| Jul 6, 2023 | Aug 10, 2023 | $0.6000 | regular |
Income Calculator
At $3.80 / yr per share
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