American Express Co. has declared a quarterly dividend of $0.70 per share, reaffirming its commitment to rewarding shareholders and investing in consistent value. This annual payout, unchanged from previous distributions, indicates solid financial performance. Investors favor dividend stocks for their potential total returns and reliable passive income. American Express has been a staple in Warren Buffett's Berkshire Hathaway portfolio for 30 years, achieving remarkable growth and maintaining a strong dividend policy. Notably, it hasn't cut its dividend since 2000, with significant increases since the reset, showcasing robust business fundamentals and market demand.
American Express' quarterly dividend of $0.70 reflects its ongoing commitment to deliver value to investors, signaling a strong financial performance and investor confidence.
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