American Express $AXP reported earnings this morning and raised its quarterly dividend to $0.70 from $0.60, an increase of 16.67%.
Warren Buffett owns 151,610,700 shares of American Express stock, which was worth $22.62 billion as of its last 13F filing.
American Express will now pay him approximately $424,509,960 in annual dividends, a significant increase in the legendary investor's salary.
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