American Express Stock To Go Ex-dividend Tomorrow (AXP)

NEW YORK ( TheStreet) -- The ex-dividend date for American Express (NYSE: AXP) is tomorrow, April 3, 2012. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $57.87 as of 9:30 a.m. ET, the dividend yield is 1.4%.

The average volume for American Express has been 6.5 million shares per day over the past 30 days. American Express has a market cap of $57.18 billion and is part of the financial sector and financial services industry. Shares are up 22.7% year to date as of the close of trading on Friday.

American Express Company provides charge and credit payment card products, and travel-related services to worldwide. The company has a P/E ratio of 14.2, above the average financial services industry P/E ratio of 11.9 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates American Express as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, growth in earnings per share, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full American Express Ratings Report.

See our dividend calendar or top-yielding stocks list.
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