Ameriprise Financial, Inc. Plans Quarterly Dividend of $1.70 (NYSE:AMP)

Ameriprise Financial, Inc. (NYSE:AMP) announced a quarterly dividend on Thursday, July 23rd. Shareholders of record on Monday, August 3rd will be given a dividend of 1.70 per share by the financial services provider on Friday, August 21st. This represents a c) dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Monday, August 3rd.

Ameriprise Financial has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 21 years. Ameriprise Financial has a payout ratio of 17.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Ameriprise Financial to earn $47.96 per share next year, which means the company should continue to be able to cover its $6.80 annual dividend with an expected future payout ratio of 14.2%.

Ameriprise Financial Stock Down 0.9%

Ameriprise Financial stock opened at $522.14 on Friday. The firm has a market cap of $46.94 billion, a price-to-earnings ratio of 12.99, a PEG ratio of 0.94 and a beta of 1.16. Ameriprise Financial has a 52-week low of $422.37 and a 52-week high of $550.18. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.66 and a current ratio of 0.66. The firm has a 50 day moving average price of $475.03 and a two-hundred day moving average price of $474.65.

Ameriprise Financial (NYSE:AMP) last posted its quarterly earnings data on Thursday, July 23rd. The financial services provider reported $11.07 earnings per share for the quarter, topping the consensus estimate of $10.81 by $0.26. Ameriprise Financial had a net margin of 20.57% and a return on equity of 62.88%. The company had revenue of $4.90 billion during the quarter, compared to analysts’ expectations of $4.87 billion. During the same period in the prior year, the company posted $9.11 earnings per share. Ameriprise Financial’s revenue for the quarter was up 11.6% compared to the same quarter last year. Equities analysts predict that Ameriprise Financial will post 43.74 EPS for the current year.

Ameriprise Financial News Summary

Here are the key news stories impacting Ameriprise Financial this week:

• Positive Sentiment: Ameriprise reported Q2 EPS of $11.07, above consensus, and revenue of $4.90 billion, also topping estimates; revenue rose 11.6% year over year. Ameriprise Financial Announces Second Quarter 2026 Results
• Positive Sentiment: Management highlighted record AUM and AUA levels, which helped drive fee income and stronger quarterly profit. Ameriprise Financial quarterly profit rises on higher fee income
• Positive Sentiment: The board declared a quarterly cash dividend of $1.70 per share, signaling continued capital return to shareholders. Ameriprise Financial Declares Regular Quarterly Dividend
• Neutral Sentiment: Earnings-call coverage emphasized strong ROE and growth, but also noted that rising expenses remain a challenge for future margins. Ameriprise Earnings Call Highlights ROE and Growth
• Neutral Sentiment: The dividend will be paid on August 21 to shareholders of record on August 3, with the ex-dividend date also set for August 3. Ameriprise Financial Declares Regular Quarterly Dividend

Ameriprise Financial Company Profile

Ameriprise Financial, Inc is a diversified financial services company headquartered in Minneapolis, Minnesota. The firm provides a range of advice-based wealth management, asset management and insurance products to individual and institutional clients. Its business model centers on delivering financial planning and investment advice through a network of financial advisors alongside proprietary product offerings designed to meet retirement, protection and accumulation needs.

Core products and services include comprehensive financial planning and advisory services, managed investment portfolios, retirement planning solutions, annuities and life insurance products.