SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 10, 2022
AMERICAN EXPRESS COMPANY
(Exact name of registrant as specified in its charter)
|New York|| ||1-7657|| ||13-4922250|
|(State or other jurisdiction of incorporation)|| ||(Commission File Number)|| ||(IRS Employer Identification No.)|
200 Vesey Street,
New York, New York 10285
(Address of principal executive offices and zip code)
(Registrant's telephone number, including area code)
|(Former name or former address, if changed since last report)|
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
|☐||Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)|
|☐||Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)|
|☐||Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))|
|☐||Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))|
Securities registered pursuant to Section 12(b) of the Act:
|Title of each class|| ||Trading Symbol(s)|| ||Name of each exchange on which registered|
|Common Shares (par value $0.20 per Share)|| ||AXP|| ||New York Stock Exchange|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events
On March 10, 2022, American Express Company issued a press release announcing an increase in the quarterly dividend on its common shares to $0.52 per common share, from $0.43 per common share. Such press release is attached as Exhibit 99.1 and is incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| ||AMERICAN EXPRESS COMPANY|
| || || |
| ||By:||/s/ Kristina V. Fink|
| || ||Name: Kristina V. Fink|
| || ||Title: Corporate Secretary|
Date: March 10, 2022
American Express Board Authorizes
20 Percent Dividend Increase
New York, NY, March 10, 2022 – The Board of Directors of American Express Company (NYSE: AXP) approved a $0.09 – or approximately 20 percent – increase in the regular quarterly dividend on the company’s common stock. The dividend was raised to $0.52 per common share, from $0.43 cents, payable on May 10, 2022, to shareholders of record on April 8, 2022.
Andrew R. Johnson, Andrew.R.Johnson@aexp.com, 212-640-8610
Azar Boehm, Azar.Boehm@aexp.com, 212-225-4052
Vivian Y. Zhou, Vivian.Y.Zhou@aexp.com, 212-640-5574
Melanie L. Michel, Melanie.L.Michel@aexp.com, 212-640-5574
ABOUT AMERICAN EXPRESS
American Express is a globally integrated payments company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at americanexpress.com and connect with us on facebook.com/americanexpress, instagram.com/americanexpress, linkedin.com/company/american-express, twitter.com/americanexpress, and youtube.com/americanexpress.
Key links to products, services and corporate responsibility information: personal cards, business cards, travel services, gift cards, prepaid cards, merchant services, Accertify, Kabbage, Resy, corporate card, business travel, diversity and inclusion, corporate responsibility, and Environmental, Social, and Governance reports.
Source: American Express Company