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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for American Express (NYSE: AXP) is tomorrow, October 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 $58.02 as of 9:30 a.m. ET, the dividend yield is 1.4%.

The average volume for American Express has been five million shares per day over the past 30 days. American Express has a market cap of $64.46 billion and is part of the financial sector and financial services industry. Shares are up 22.4% year to date as of the close of trading on Monday.

American Express Company provides charge and credit payment card products and travel-related services to customers worldwide. The company has a P/E ratio of 13.3, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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

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