Business

American Express and 4 other companies raised their stock dividends



American Express


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and Johnson Controls are among the major U.S. companies to announce a dividend increase this week. It’s been a pretty light week for such announcements, with earnings season already slowing.

The credit card and travel company American Express (code: AXP) says it will pay a sum Quarterly bank settlement was 60 cents a share, up 15% from 52 cents a share. The stock has a 1.5% yield, which has a one-year return of 3.5% as of March 9, including dividends, compared to a negative 7% for the stock.

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