The Board of Directors of American Express Company has approved a 12c, or 17%, increase in the quarterly dividend on the company’s common stock, consistent with the planned incr

American Express is raising its quarterly dividend by 17% to 82 cents a share. The credit card giant on Monday said that its board of directors authorized increasing its quarterly payout to shareholders to 82 cents a share from 70 cents a share previously.

The Board of Directors of American Express Company (NYSE: AXP) has approved a $0.12, or 17 percent, increase in the quarterly dividend on the company’