American Express has reaffirmed its commitment to shareholder value by increasing its quarterly dividend to $0.95 per share, marking a 16% rise. This decision is backed by a strong financial performance with a net income of $10.83 billion and free cash flow of $15.0 billion, alongside a low earnings payout ratio of 24.7%. The company has maintained its dividend since 1999, positioning it as a stable investment amid market fluctuations. Earlier this year, concerns over President Trump's proposed cap on credit card interest rates had led to a temporary dip in stock prices, despite the company's robust operational metrics and plans for enhancing its premium product offerings.
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