American Express (AXP) Stock: Slight Decline After Hours Amid CPI and Dividend News
American Express shares edged lower in after-hours trading, settling at $374.20 following a flat regular session close at $375.52. The muted movement reflects investor caution as markets digest mixed signals from inflation data and Federal Reserve policy expectations.
The company reaffirmed its commitment to shareholder returns, declaring a quarterly dividend of $0.82 per share. This capital allocation strategy contrasts with divergent analyst views on the stock's valuation prospects amid fluctuating Treasury yields and sector-specific headwinds.
Thursday's cooler-than-expected CPI report sparked broad market optimism, though financial stocks face unique pressures. The quadruple witching event looms as a potential volatility catalyst for Friday's session, with traders balancing interest rate sensitivity against consumer spending resilience.
