American Express Dividends and Buybacks
Dividend criteria checks 4/6
American Express is a dividend paying company with a current yield of 1.09% that is well covered by earnings. Next payment date is on 10th August, 2026 with an ex-dividend date of 2nd July, 2026.
Key information
1.1%
Dividend yield
2.8%
Buyback Yield
| Total Shareholder Yield | 3.9% |
| Future Dividend Yield | 1.4% |
| Dividend Growth | 10.3% |
| Next dividend pay date | 10 Aug 26 |
| Ex dividend date | 02 Jul 26 |
| Dividend per share | n/a |
| Payout ratio | 21% |
Recent dividend and buyback updates
Recent updates
Seeking Alpha • Jul 01
American Express's Unique Growth And Resilience Justify A Rich Valuation
Summary American Express demonstrates durable growth, outperforming concerns over consumer spending and Middle East disruptions, with Q1 revenue up 11% and EPS of $4.28. AXP's premium customer base drives resilient spending, with network volume growth accelerating to 11% and Gen-Z spending up 38%, supporting incremental fee revenue. Credit metrics remain robust, with a 1.1% delinquency rate and strong Fed stress test results, enabling continued capital returns and a 1.1% dividend yield. At ~19x earnings, AXP trades at a sector premium; I maintain a "Hold" rating, seeing no urgency to sell but preferring pullbacks to $300 before buying. Read the full article on Seeking Alpha
Narrative Update • Jun 24
AXP: Future Returns Will Reflect 2026 Guide And Dining Expansion Versus Margin Risk
The analyst price target for American Express has been trimmed by about $15 to reflect slightly lower modeled fair value, margins and P/E, even as analysts highlight support from recent rating upgrades, solid management commentary and the planned acquisition of TheFork. Analyst Commentary Analyst commentary on American Express reflects a mix of optimism around execution and customer quality, alongside some caution captured in reduced price targets and valuation resets.Analysis Article • Jun 19
American Express (AXP) Stock Could Be 16.1% Below Fair Value After Recent Share Price Moves
American Express (AXP) stock has attracted fresh attention after recent share price moves over the past month and past 3 months. This has prompted investors to reassess its valuation and business performance drivers. See our latest analysis for American Express. At a share price of $338.0, American Express has seen short term momentum pick up, with a 7 day share price return of 6.13% and 90 day share price return of 14.38%. Longer term total shareholder returns over 3 and 5 years of 108.14%...
Narrative Update • Jun 09
AXP: Premium Franchise Strength And Competition Will Shape Returns Going Forward
Analysts kept the American Express fair value estimate steady at $285.00 while slightly adjusting the discount rate and revenue growth assumptions. This reflects mixed but generally constructive recent research that includes higher price targets from firms citing resilient spending trends, alongside more cautious updates from others focused on competition and valuation pressures.
Narrative Update • May 26
AXP: Affluent Spend Resilience And AI Layoff Fears Will Support Higher P/E
Analyst pricing on American Express has been trimmed modestly, with the fair value estimate moving lower by about $3 to $440.45, as analysts balance a slightly softer revenue growth and profit margin outlook against fresh Buy initiations and raised price targets that highlight confidence in the stock's broader client base and resilience to AI related job losses. Analyst Commentary Recent research has highlighted a split view on American Express, with some firms trimming price targets while others are leaning into the stock with fresh Buy calls.Narrative Update • May 03
AXP: Premium Customer Erosion And Lower P E Will Pressure Returns
Analysts have trimmed the American Express price target slightly to $285, reflecting modestly lower revenue growth and profit margin assumptions along with a reduced future P/E of about 16.3x. Analyst Commentary Street research on American Express has turned more mixed, with several firms cutting price targets over the past few months even as a few higher targets remain in place.Narrative Update • Apr 19
AXP: Affluent Credit Stability And AI Selloff May Support Higher Future P/E
American Express' updated analyst price target reflects a reduction of $14.89, as analysts factor in revised assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E following a series of target cuts across the Street. Analyst Commentary Recent Street research on American Express has been dominated by lower price targets, but the tone is not uniformly bearish.Narrative Update • Apr 05
AXP: Premium Margins And Rate Cap Threat Will Shape Forward P E
Analysts have made a modest upward adjustment to the American Express price target, with fair value moving by about $3 to $286.99 as they balance softer margin assumptions against slightly higher revenue growth expectations and a small uptick in the future P/E. Analyst Commentary Recent research on American Express reflects a split view, with some firms highlighting long term growth potential and others flagging risks around competition, regulation, and macro sensitivity.Narrative Update • Mar 21
AXP: Affluent Credit Stability And Buybacks Should Support Higher Future P E
Narrative Update: American Express American Express's analyst price target has been revised slightly lower, with fair value moving from about $462.00 to $458.63 as analysts factor in modestly higher revenue growth and profit margins, a slightly lower discount rate, and a reduced future P/E assumption. Analyst Commentary Recent Street research on American Express shows a split tape, with some firms trimming price targets and others lifting them.Narrative Update • Mar 07
AXP: Future Returns Will Reflect 2026 Guide Versus Credit Policy Risk
The analyst price target for American Express has been trimmed by about $1 to $378.94, as analysts balance slightly higher profit margin and discount rate assumptions with mixed sentiment around consumer finance, concerns about AI-driven unemployment, and recent volatility in the shares. Analyst Commentary Recent research on American Express reflects a split tape, with some firms highlighting opportunity after the recent pullback and others flagging policy and credit risks that could cap upside.Narrative Update • Feb 21
AXP: Future Performance Will Reflect 2026 Guide And Regulatory Risk Balancing
American Express's analyst fair value estimate has been revised higher to $379.60 from $354.83, as analysts factor in slightly lower discount rates, a modestly higher assumed future P/E multiple, and updated views on revenue growth and margins following a mix of recent price target hikes and trims across the Street. Analyst Commentary Recent Street research on American Express shows a split view, with several firms lifting price targets and a few trimming them or keeping more cautious stances.Narrative Update • Feb 07
AXP: Elevated P E Multiples Will Face Potential Credit Card Rate Cap Shock
Analysts have refined their view on American Express, raising their fair value estimate modestly to about $284. This update reflects slightly lower assumed discount rates, more measured expectations for revenue growth and margins, a minor adjustment to future P/E assumptions, and recent price target changes on the Street that are mixed but generally supportive.Narrative Update • Jan 24
AXP: Elevated P E Multiples Will Face Regulatory Credit Card Rate Cap Test
Analysts have raised their implied fair value for American Express from about US$230 to roughly US$280, reflecting updated price targets that apply higher future P/E multiples and slightly stronger assumptions for revenue growth and profit margins. Analyst Commentary Across recent research, most price target changes for American Express have been upward, but the tone is not uniformly optimistic.Narrative Update • Jan 09
AXP: Higher P/E Multiple Could Reward Solid Loan And Earnings Momentum
Analysts have lifted their blended price expectations for American Express, with the modelled fair value rising from about US$366.63 to US$462.00 as they factor in higher sector multiples, including a future P/E assumption of 26.66, as well as updated views on growth, margins and discount rates informed by recent price target increases across the specialty finance group. Analyst Commentary Recent Street research around American Express shows a cluster of higher price targets and rating moves that feed into the richer blended fair value used in the updated model.Narrative Update • Dec 14
AXP: Future Performance Will Reflect Execution On Premium Card Refresh Amid Mixed Sentiment
The analyst price target for American Express has been raised modestly, as analysts factor in a roughly $3 uptick in fair value to about $355 per share. This is supported by stronger billings growth, resilient credit trends, and confidence in the earnings impact of the Platinum refresh, despite mixed near term guidance.Narrative Update • Nov 30
AXP: Future Results Will Reflect Execution Strength Amid Mixed Market Sentiment
American Express's analyst price target has been modestly increased by $1 to $351.87. Analysts cite stronger-than-expected revenue expansion, higher profit margins, and improved growth trends, supported by recent upgrades and positive financial results.Narrative Update • Nov 16
AXP: Future Results Will Balance Margin Strength With Competitive Pressures
American Express's analyst price target has been raised slightly, with the updated fair value estimate increasing from $349.41 to $350.87. Analysts cite continued robust operating performance, improved revenue and profit margin trends, and tempered expense forecasts following strong recent results.Narrative Update • Nov 01
AXP: Premium Card Momentum And Buybacks Will Shape Performance Amid Balanced Risks
American Express's analyst price target has increased modestly by $11 to $349, as analysts cite resilient operating results, improved profit margins, and continued confidence in growth, even though revenue guidance has been tempered. Analyst Commentary Following American Express's latest quarterly results, Wall Street analysts have shared a range of perspectives on the company's outlook and valuation.Narrative Update • Oct 18
Personalized Experiences And Global Expansion Will Drive Future Value
The analyst price target for American Express has increased from approximately $329.62 to $338.24. Analysts cite improving loan growth trends, stable credit quality, and expectations for accelerating revenue from upcoming product initiatives.Narrative Update • Oct 04
Personalized Experiences And Global Expansion Will Drive Future Value
American Express has seen its analyst price target increase notably from $311 to $362, as analysts cite stable credit trends, a premium valuation based on strong credit quality, and updated financial models that reflect improved outlooks for the consumer finance sector. Analyst Commentary Analysts remain divided on the prospects for American Express, with recent research highlighting both constructive and cautious viewpoints.Seeking Alpha • Apr 23
American Express: Solid Q1 Results Fuel Long-Term Optimism
Summary American Express shows solid top-line growth with 7.3% revenue increase and 20% card fee revenue growth, indicating strong customer value perception. Operating expenses grew by 10%, but disciplined spending on S&G and G&A ensures long-term customer satisfaction and company success. Capital returns to shareholders are robust, with a 17% dividend increase and consistent stock buybacks, enhancing shareholder value. Premium customer base and strong Gen-Z and Millennial acquisition highlight Amex's effective portfolio management and future growth potential. Read the full article on Seeking AlphaNew Narrative • Apr 08
US Card Refresh And Global Merchant Expansion Will Unlock Opportunities
Expansion efforts, including product refreshes and merchant network growth, target Millennials and Gen Z, aiming to boost transaction volume and revenue.New Narrative • Apr 07
Expanding Merchant Network And Millennial Focus Will Succeed
Focus on global merchant network expansion and targeting of younger generations drives revenue growth through increased transaction volumes and premium product adoption.Seeking Alpha • Mar 14
American Express: Too Soon To Buy The Dip Given Travel Exposure
Summary American Express faces challenges with a 20% stock drop from its high, driven by economic uncertainty and reduced travel & entertainment spending. Despite strong brand equity and growth in high-income consumers, AXP's revenue growth is likely set to slow, with marketing expenses pressuring margins. Small business spending remains uncertain due to economic policies, though AXP's higher-income focus may mitigate credit downturn risks. Maintaining a "hold" rating, I suggest waiting for a pullback below $240 or 16x earnings before considering adding AXP shares. Read the full article on Seeking AlphaSeeking Alpha • Feb 28
American Express: A Better Entry Point Is Coming
Summary American Express is a solid blue-chip stock with a 143% total return over five years, driven by its closed-loop network, brand power, and affluent customer base. The company's strong financials, including a TTM ROE of 34.3% and consistent revenue and EPS growth, highlight its robust business model. Despite its strengths, AXP's current valuation is elevated and so is its chart; a better entry point may arise with a 10-20% dip in stock price. Read the full article on Seeking AlphaSeeking Alpha • Feb 09
American Express Is A Fantastic Long-Term Investment
Summary American Express shows strong financial health with $17 billion in revenue, 25% YoY EPS growth, and a P/E ratio of ~23x, indicating substantial shareholder returns. The company maintains robust credit quality, with lower delinquency and write-off rates, ensuring a stable balance sheet and reduced provisions. Shareholder returns are bolstered by aggressive share buybacks, a nearly 1% dividend yield, and a long-term focus on double-digit revenue and EPS growth. Despite competition, American Express' consistent investment in its portfolio and customer base positions it as a valuable long-term investment. Read the full article on Seeking AlphaStability and Growth of Payments
Fetching dividends data
Stable Dividend: AXP's dividends per share have been stable in the past 10 years.
Growing Dividend: AXP's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| American Express Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (AXP) | 1.1% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.1% |
| Industry Average (Consumer Finance) | 1.7% |
| Analyst forecast (AXP) (up to 3 years) | 1.4% |
Notable Dividend: AXP's dividend (1.09%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: AXP's dividend (1.09%) is low compared to the top 25% of dividend payers in the US market (4.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.3%), AXP's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.1%), AXP's dividend payments are well covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/01 15:19 |
| End of Day Share Price | 2026/07/01 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
American Express Company is covered by 51 analysts. 24 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Stephen Biggar | Argus Research Company |
| David George | Baird |
| Bruce Harting | Barclays |