Amex’s Dividend Hike Reflects Solid Stress Test Beat
- Monday, March 26, 2012, 23:56
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American Express confirmed it’s raising its dividend for the first time since November 2007 on Monday, after having easily passed the Fed’s stress tests a few weeks ago. The company also unveiled its new capital plan which includes share re purchases of up to $4 billion this year.
http://www.forbes.com/sites/afontevecchia/2012/03/26/amexs-dividend-hike-reflects-solid-stress-test-beat/
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