American Express on Friday reported an 8% rise in second-quarter profits compared to last year. The increase was driven by higher spending from card members, fewer delinquencies, and more customers signing up for premium products like the Platinum and Gold Cards.

To earn $500/month from American Express dividends, here's what you need to do. AXP closed at $348.74 on Wed.

American Express (NYSE: AXP) will release Q2 earnings on July 24, with analysts expecting $4.40 EPS and $19.7B in revenue. Analyst ratings and target prices available on Benzinga.