American Express Company (NYSE:AXP) is recognized as one of the 11 Best Bank Dividend Stocks to Buy, balancing dividend growth with long-term stability. With a focus on affluent customers, AXP’s profitable business model includes collecting annual fees on credit cards. CEO Stephen Squeri notes the expansion of AXP’s premium customer base, highlighting long-term growth potential. The company’s quarterly dividend stands at $0.82 per share, with a yield of 0.96% as of September 24.

Read more at Yahoo Finance: Balancing Dividend Growth With Long-Term Stability