Company: American Express Co. (AXP)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: American Express is a global financial institution, operating in about 130 countries, that provides consumers and businesses charge and credit card payment products. The company also operates a highly profitable merchant payment network. Since 2018, it has operated in three segments: global consumer services, global commercial services, and global merchant and network services. In addition to payment products, the company’s commercial business offers expense management tools, consulting services, and business loans. -Morningstar.com-
Symbol: AXP
Recent Price: $232.17
Dividends: $2.80
Yield: 1.21%
Sector: Financial services
Industry: Credit Services
Address & Company Phone #: 200 Vesey St. New York NY 10285, 212-640-2000
Transfer Agent: Computershare 800-463-5911
Moody’s Rating: A3
Minimum & Maximum Investment: $50 – $120,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $1000
Fees: Div.: 5% of amount invested up to $5 Max Cash: $5+5¢/sh. Cert: $0 Sells: by Mail, Phone, Fax or Internet for $15+12¢/sh.
52 Week High & Low: $244.41, $140.91