American Express (AXP) Dividend History & Yield
Dividend ChallengerAmerican Express (AXP) has increased its dividend for 5 consecutive years and currently yields 1.10%. The most recent dividend was $0.9500/share on May 8, 2026, paid Quarterly.
Current Yield
1.10%
TTM Dividend/Share
$3.41
Payment Frequency
Quarterly
Payout Ratio
21.3%
Consecutive Growth Years
5 (Dividend Challenger)
Div Growth (1Y CAGR)
17.04%
Div Growth (5Y CAGR)
12.94%
Div Growth (10Y CAGR)
11.13%
AXP: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
14.0%
FCF payout ratio
4.1%
Net debt / EBITDA
0.4x
Interest coverage
2.07x
ROIC (TTM)
19.2%
Dividend Safety Score
6 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 21.3%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($23.03) covers dividend/share ($3.41).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
Only 5 consecutive year(s) of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 4.1%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 0.4x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (12.9%) exceeds EPS growth (9.2%) — payout ratio expanding.
Per-payment dividend history
Ex-date Apr 2, 2026
- Payment date
- May 8, 2026
- Dividend
- $0.9500
- Adj. dividend
- $0.9500
Ex-date Jan 2, 2026
- Payment date
- Feb 10, 2026
- Dividend
- $0.8200
- Adj. dividend
- $0.8200
Ex-date Oct 10, 2025
- Payment date
- Nov 10, 2025
- Dividend
- $0.8200
- Adj. dividend
- $0.8200
Ex-date Jul 3, 2025
- Payment date
- Aug 8, 2025
- Dividend
- $0.8200
- Adj. dividend
- $0.8200
Ex-date Apr 4, 2025
- Payment date
- May 9, 2025
- Dividend
- $0.8200
- Adj. dividend
- $0.8200
Ex-date Jan 3, 2025
- Payment date
- Feb 10, 2025
- Dividend
- $0.7000
- Adj. dividend
- $0.7000
Ex-date Oct 4, 2024
- Payment date
- Nov 8, 2024
- Dividend
- $0.7000
- Adj. dividend
- $0.7000
Ex-date Jul 5, 2024
- Payment date
- Aug 9, 2024
- Dividend
- $0.7000
- Adj. dividend
- $0.7000
Ex-date Apr 4, 2024
- Payment date
- May 10, 2024
- Dividend
- $0.7000
- Adj. dividend
- $0.7000
Ex-date Jan 4, 2024
- Payment date
- Feb 9, 2024
- Dividend
- $0.6000
- Adj. dividend
- $0.6000
Ex-date Oct 5, 2023
- Payment date
- Nov 10, 2023
- Dividend
- $0.6000
- Adj. dividend
- $0.6000
Ex-date Jul 6, 2023
- Payment date
- Aug 10, 2023
- Dividend
- $0.6000
- Adj. dividend
- $0.6000
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Apr 2, 2026 | May 8, 2026 | $0.9500 | $0.9500 |
| Jan 2, 2026 | Feb 10, 2026 | $0.8200 | $0.8200 |
| Oct 10, 2025 | Nov 10, 2025 | $0.8200 | $0.8200 |
| Jul 3, 2025 | Aug 8, 2025 | $0.8200 | $0.8200 |
| Apr 4, 2025 | May 9, 2025 | $0.8200 | $0.8200 |
| Jan 3, 2025 | Feb 10, 2025 | $0.7000 | $0.7000 |
| Oct 4, 2024 | Nov 8, 2024 | $0.7000 | $0.7000 |
| Jul 5, 2024 | Aug 9, 2024 | $0.7000 | $0.7000 |
| Apr 4, 2024 | May 10, 2024 | $0.7000 | $0.7000 |
| Jan 4, 2024 | Feb 9, 2024 | $0.6000 | $0.6000 |
| Oct 5, 2023 | Nov 10, 2023 | $0.6000 | $0.6000 |
| Jul 6, 2023 | Aug 10, 2023 | $0.6000 | $0.6000 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
American Express has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 5 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $3.1600 | — | — |
| 2025 | $2.7000 | $3.1600 | +17.0% |
| 2024 | $2.3200 | $2.7000 | +16.4% |
| 2023 | $1.9900 | $2.3200 | +16.6% |
| 2022 | $1.7200 | $1.9900 | +15.7% |
| 2021 | $1.7200 | $1.7200 | 0.0% |
| 2020 | $1.6000 | $1.7200 | +7.5% |
| 2019 | $1.4400 | $1.6000 | +11.1% |
| 2018 | $1.3100 | $1.4400 | +9.9% |
| 2017 | $1.1900 | $1.3100 | +10.1% |
| 2016 | $1.1000 | $1.1900 | +8.2% |
| 2015 | $0.9800 | $1.1000 | +12.2% |
| 2014 | $0.8600 | $0.9800 | +14.0% |
| 2013 | $0.7800 | $0.8600 | +10.3% |
| 2012 | $0.7200 | $0.7800 | +8.3% |
| 2011 | $0.7200 | $0.7200 | 0.0% |
| 2010 | $0.7200 | $0.7200 | 0.0% |
| 2009 | $0.7200 | $0.7200 | 0.0% |
| 2008 | $0.6000 | $0.7200 | +20.0% |
| 2007 | $0.5400 | $0.6000 | +11.1% |
| 2006 | $0.4351 | $0.5400 | +24.1% |
| 2005 | $0.2801 | $0.4351 | +55.3% |
| 2004 | $0.3326 | $0.2801 | -15.8% |
| 2003 | $0.3501 | $0.3326 | -5.0% |
| 2002 | $0.2801 | $0.3501 | +25.0% |
| 2001 | $0.2757 | $0.2801 | +1.6% |
| 2000 | $0.2629 | $0.2757 | +4.9% |
| 1999 | $0.1969 | $0.2629 | +33.5% |
| 1998 | $0.2626 | $0.1969 | -25.0% |
| 1997 | $0.3282 | $0.2626 | -20.0% |
| 1996 | $0.1969 | $0.3282 | +66.7% |
| 1995 | $0.3257 | $0.1969 | -39.5% |
| 1994 | $0.2575 | $0.3257 | +26.5% |
| 1993 | $0.1931 | $0.2575 | +33.3% |
| 1992 | $0.2472 | $0.1931 | -21.9% |
| 1991 | $0.2369 | $0.2472 | +4.3% |
| 1990 | $0.2214 | $0.2369 | +7.0% |
| 1989 | $0.2498 | $0.2214 | -11.3% |
| 1988 | $0.1468 | $0.2498 | +70.2% |
| 1987 | $0.1777 | $0.1468 | -17.4% |
| 1986 | $0.1699 | $0.1777 | +4.5% |
| 1985 | $0.1648 | $0.1699 | +3.1% |
| 1984 | $0.2008 | $0.1648 | -17.9% |
| 1983 | $0.1062 | $0.2008 | +89.1% |
| 1982 | $0.0966 | $0.1062 | +10.0% |
| 1981 | $0.1287 | $0.0966 | -25.0% |
| 1980 | $0.1159 | $0.1287 | +11.1% |
| 1979 | $0.0998 | $0.1159 | +16.1% |
| 1978 | $0.0837 | $0.0998 | +19.2% |
| 1977 | — | $0.0837 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for American Express (AXP) from the consolidated cash flow statement, in USD as filed.
Latest period
$2.35B
YoY change
+13.6%
5Y CAGR
+9.0%
Peak year (2025)
$2.27B
Latest annual
$2.27B
Cash dividends paid over time for American Express (AXP)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for American Express (AXP)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $2.27B | +13.6% | +$272.00M | ||
| 2024 | $2.00B | +12.3% | +$219.00M | ||
| 2023 | $1.78B | +13.7% | +$215.00M | ||
| 2022 | $1.56B | +8.1% | +$117.00M | ||
| 2021 | $1.45B | -1.8% | -$26.00M | ||
| 2020 | $1.47B | +3.7% | +$52.00M | ||
| 2019 | $1.42B | +7.4% | +$98.00M | ||
| 2018 | $1.32B | +5.8% | +$73.00M | ||
| 2017 | $1.25B | +3.6% | +$44.00M | ||
| 2016 | $1.21B | +3.0% | +$35.00M | ||
| 2015 | $1.17B | +12.6% | +$131.00M | ||
| 2014 | $1.04B | +10.9% | +$102.00M | ||
| 2013 | $939.00M | +4.1% | +$37.00M | ||
| 2012 | $902.00M | +4.8% | +$41.00M | ||
| 2011 | $861.00M | -0.7% | -$6.00M | ||
| 2010 | $867.00M | -6.2% | -$57.00M | ||
| 2009 | $924.00M | +10.5% | +$88.00M | ||
| 2008 | $836.00M | +17.4% | +$124.00M | ||
| 2007 | $712.00M | +7.7% | +$51.00M | ||
| 2006 | $661.00M | +10.7% | +$64.00M | ||
| 2005 | $597.00M | +11.6% | +$62.00M | ||
| 2004 | $535.00M | +13.6% | +$64.00M | ||
| 2003 | $471.00M | +9.5% | +$41.00M | ||
| 2002 | $430.00M | +1.4% | +$6.00M | ||
| 2001 | $424.00M | +0.7% | +$3.00M | ||
| 2000 | $421.00M | +4.2% | +$17.00M | ||
| 1999 | $404.00M | -2.4% | -$10.00M | ||
| 1998 | $414.00M | -2.1% | -$9.00M | ||
| 1997 | $423.00M | -3.0% | -$13.00M | ||
| 1996 | $436.00M | -4.8% | -$22.00M | ||
| 1995 | $458.00M | -9.1% | -$46.00M | ||
| 1994 | $504.00M | -4.2% | -$22.00M | ||
| 1993 | $526.00M | +1.5% | +$8.00M | ||
| 1992 | $518.00M | +8.6% | +$41.00M | ||
| 1991 | $477.00M | +9.7% | +$42.00M | ||
| 1990 | $435.00M | +16.6% | +$62.00M | ||
| 1989 | $373.00M | — | — |
As of the 2025 fiscal year, American Express (AXP) reported dividends paid of $2.27B – grew 13.6% year-over-year.
Looking at the 2020–2025 (5 years) stretch, American Express dividends paid compounded at +9.0% per year, sustaining 4 straight years of year-over-year growth.
The highest annual dividends paid of $2.27B was reported in 2025. The lowest in the available history was $373.00M in 1989.
American Express (AXP) sits 8th of 8 Financial Services peers we track on this metric, against a peer median of $5.36B.
American Express Dividends Paid 2025: $2.27B
American Express dividends paid in 2025 was $2.27B, grew 13.6% from 2024. This figure represents the highest annual value in the available history.
American Express Dividends Paid 2024: $2.00B
American Express dividends paid in 2024 was $2.00B, grew 12.3% from 2023.
American Express Dividends Paid 2023: $1.78B
American Express dividends paid in 2023 was $1.78B, grew 13.7% from 2022.
American Express Dividends Paid 2022: $1.56B
American Express dividends paid in 2022 was $1.56B, grew 8.1% from 2021.
American Express Dividends Paid 2021: $1.45B
American Express dividends paid in 2021 was $1.45B.
See more financial history for American Express (AXP).
Sector peers by dividends paid
Companies in the same sector as American Express, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| JPMorgan Chase (JPM) | $16.63B | Financial Services |
| Bank of America (BAC) | $9.56B | Financial Services |
| Morgan Stanley (MS) | $6.59B | Financial Services |
| Wells Fargo (WFC) | $5.43B | Financial Services |
| Goldman Sachs (GS) | $5.28B | Financial Services |
| Visa (V) | $4.63B | Financial Services |
| Mastercard (MA) | $2.76B | Financial Services |
| Berkshire Hathaway (BRK-B) | $0 | Financial Services |
Frequently asked questions
Does American Express pay dividends?
Yes, American Express (AXP) pays quarterly dividends of approximately $3.41 per share annually, yielding 1.10%.
What is American Express's dividend yield?
American Express (AXP) has a current dividend yield of 1.10%.
Is American Express's dividend safe?
American Express (AXP) passes 6 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has American Express increased its dividend?
American Express (AXP) has 5 consecutive years of dividend increases.
What is American Express's dividend payout ratio?
American Express (AXP) has a dividend payout ratio of 21.3%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is American Express's dividends paid?
Latest reported dividends paid for American Express (AXP) is $2.35B (period ending March 31, 2026).
How has American Express dividends paid changed year-over-year?
American Express (AXP) dividends paid changed +13.6% year-over-year on the latest annual filing.
What is the long-term growth rate of American Express dividends paid?
American Express (AXP) dividends paid compound annual growth rate is +9.0% over the most recent 5 years available.
When did American Express dividends paid hit its highest annual value?
American Express dividends paid reached its highest annual value of $2.27B in 2025.
What was American Express dividends paid in 2024?
American Express (AXP) dividends paid in 2024 was $2.00B.
What was American Express dividends paid in 2025?
American Express (AXP) dividends paid in 2025 was $2.27B.
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