American Express Is Raising Its Payout by 16%. Is It a No-Brainer Buy for Dividend Investors?

2026-03-09 14:20:00 ET

American Express (NYSE: AXP) is a leading credit card company that has continually generated strong financial results in the face of adversity. Catering to an affluent customer base has made it arguably a bit of a safer financial stock to own than others in its industry.

The company has also been generously increasing its dividend over the years. Recently, its Board authorized yet another boost for the payout. This time, the increase will be an incredible 16%. With strong financial results and continued dividend increases, is American Express a no-brainer buy for income investors?

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