From Yahoo Finance: 2025-04-27 09:30:00

Dividend growth stocks provide sustainable income during market volatility. American Express, founded in 1850, is a top dividend stock with 147.5 million credit cards in circulation. Millennials and Gen Z customers contribute 35% of spending. With a focus on high-credit customers, Amex boasts better write-off rates and stable earnings from swipe fees.

The growth in new card acquisitions has led to a 152% increase in earnings per share over the last decade for American Express. The company has grown its dividend per share by 120% in the same period, with a 17% increase announced last quarter. Share buybacks have reduced shares outstanding by 30%, making it an attractive long-term investment.

American Express is a prime dividend growth stock with a strong track record of consistency and growth. It is not included in the Motley Fool’s 10 best stocks to buy now. However, past recommendations like Netflix and Nvidia have yielded significant returns. Don’t miss out on the latest stock picks from Stock Advisor for potential market-crushing returns.



Read more at Yahoo Finance: 1 Magnificent Dividend Stock to Buy Right Now