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CLAIM #8397 · American Express Company (AXP) · 2023Q4 earnings call · Jan 26, 2024 · due Mar 31, 2024

we plan to increase our quarterly dividend on common shares outstanding to $0.70 a share, up from $0.60, beginning with the first quarter 2024 dividend declaration.

Stephen Squeri · CEO

PENDING
graded after results covering Mar 31, 2024 are reported

In context

going forward, we will remain focused on our long-term aspiration of delivering annual revenue growth of 10% plus and mid-teens EPS growth. We believe this aspiration is the right one and we aim to achieve it every year. However, we manage the company for the long-term, and we anticipate there'll be a range of potential outcomes in any given year due to a variety of factors such as external environment and actions we might take that we decide are best for the business. Looking at this year, the continued momentum we've seen in the business as we've executed our strategy gives us confidence in our guidance for 2024, which is in line with our long-term aspiration. For the year, we expect to deliver annual revenue growth between 9% and 11%, and full-year EPS of $12.65 to $13.15. In addition, we plan to increase our quarterly dividend on common shares outstanding to $0.70 a share, up from $0.60, beginning with the first quarter 2024 dividend declaration. This represents more than a 60% increase in the dividend from when we introduced our growth plan in January of 2022. As always, we will continue to run our business for long-term, and we'll do that by listening to our customers and meeting their needs through innovative, unique value propositions and exceptional service that reflects our brand built on trust and security, delivered and supported by a world-class colleague base. In keeping our focus on backing our customers and our colleagues, we are confident that we will continue to deliver strong growth on a sustainable basis over the long-term. Thank you. And let me now turn it over to Christophe. Christophe Le Caillec: Thank you, Steve, and good morning, everyone. It's good to be here to talk about our 2023 results, which reflect anot

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SEC filings for AXP · Claim quote is verbatim from the 2023Q4 earnings call.