American Express Co (NYSE: AXP) on Friday reported better-than-expected earnings for the third quarter.
Revenue (net of interest expense) grew 12% year-on-year to $15.38 billion, beating the consensus of $15.36 billion. EPS of $3.30 beat the consensus of $2.94.
The company is on track to achieve revenue growth and EPS for the entire year, consistent with the annual guidance provided at the start of the year.
With American Express reporting upbeat quarterly earnings, some investors may be eyeing potential gains from the company’s dividends. As of now, American Express has a dividend yield of 1.70%, which is a quarterly dividend amount of 60 cents a share ($2.40 a year).
To figure out how to earn $500 monthly from American Express dividends, we start with ...