News & Deep Analysis
AXP

AXP Issues Series E Preferred — 6.45% Dividend

Published: August 12, 2026
AMERICAN EXPRESS CO

Direct News

  • Issuer: American Express Company (Ticker: AXP)
  • Issue: Series E preferred shares — 1,600 shares issued
  • Dividend: 6.45% annual dividend on Series E
  • Article date: 2026-08-12
  • Initial announcement of the Series E offering: 2026-08-05

Historical Context

2026-08-05: Company announced the Preferred Shares Series E offering (initial announcement). 2026-06-17: American Express issued €750 million of fixed-to-floating notes. 2026-03-02: Quarterly dividend raised by 16%. FY 2024 (10-K filed Feb 7, 2025): Net income $10,129M; Total assets $207.0B; Stockholders' equity $39.8B; CET1 ratio 10.5%; $3.65B of share repurchases in FY 2024; dividend growth and buybacks cited as part of capital allocation strategy in the provided profile. These events frame the Series E issuance as one of several capital actions undertaken by AXP in 2026 and since FY 2024.

What investors need to know

American Express has issued 1,600 Series E preferred shares paying a 6.45% dividend. The issuance was publicly announced on 2026-08-05 and is reported here as of 2026-08-12. The filing-level detail provided lists the share count and dividend rate; no additional terms (convertibility, reset dates, call provisions) are included in the provided material. Investors seeking full preferred-term particulars should consult the official offering documentation referenced in the company's announcement.

Capital-management context

The Series E issuance comes after a series of capital actions by American Express in 2026 and 2025. Notable recent moves in the provided timeline include a €750 million fixed-to-floating notes issuance on 2026-06-17 and a 16% quarterly dividend increase announced on 2026-03-02. In FY 2024 American Express reported $39.8 billion of stockholders' equity and a CET1 ratio of 10.5%. The company also repurchased $3.65 billion of common stock in FY 2024 and increased dividends per share in H1 2025 (17% YoY), reflecting active capital allocation across dividends, buybacks and debt issuance.

Why the Series E matters for investors

The Series E preferred shares add a discrete capital instrument to American Express's overall capital mix. From the available company metrics (FY 2024): net income was $10,129 million and total assets were $207.0 billion. These figures provide context for assessing the relative scale of any new capital issuance. The provided share count for Series E is 1,600 shares and the stated dividend is 6.45%; readers should treat the numeric share count and stated dividend as the definitive facts in the absence of supplementary offering details.

Search-focused takeaways

Key searchable terms for investors: 'AXP Series E preferred', 'American Express preferred 6.45%', 'AXP preferred shares 2026'. This item is a targeted capital-markets update — concise factual disclosure of an issuance and dividend rate — and should be cross-referenced with the company's offering materials for investment decisions.

Investor FAQ

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