American Express Issues $1.6 Million in Series E Depositary Shares
Filed with the SEC on · Summarized by InvestorsBot
On August 12, 2026, American Express issued 1,600 Series E preferred shares, represented by 1.6 million depositary shares, with a 6.450% fixed-rate reset noncumulative dividend. If American Express fails to declare and pay the full Series E dividend, restrictions may apply to dividends, distributions, redemptions, purchases and liquidation payments on its common shares and equally ranked preferred shares, including Series D.