Ameriprise Financial Increases Regular Quarterly Dividend

Rhea-AI Summary

The Board of Directors at Ameriprise Financial (NYSE: AMP) has announced an 11% increase in the quarterly cash dividend, raising it from $1.13 to $1.25 per share. This dividend is payable on May 20, 2022, to shareholders of record as of May 9, 2022. This decision underscores the company’s commitment to returning value to its investors while showcasing its financial strength and stability.

Positive

• 11% increase in quarterly cash dividend to $1.25 per share
• Demonstrates company confidence and financial stability

Negative

• None.

MINNEAPOLIS--(BUSINESS WIRE)-- The Board of Directors of Ameriprise Financial, Inc. (NYSE: AMP) increased the company’s quarterly cash dividend by 11 percent, or $0.12 per common share, to $1.25 per common share payable on May 20, 2022 to shareholders of record at the close of business on May 9, 2022.

At Ameriprise Financial, we have been helping people feel confident about their financial future for more than 125 years. With a nationwide network of 10,000 financial advisors and extensive asset management, advisory and insurance capabilities, we have the strength and expertise to serve the full range of individual and institutional investors’ financial needs. For more information, visit ameriprise.com.

© 2022 Ameriprise Financial, Inc. All rights reserved.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220425005620/en/

Paul Johnson

Ameriprise Financial

612.671.0625

paul.w.johnson@ampf.com

Source: Ameriprise Financial, Inc.

FAQ

What is the new dividend amount for Ameriprise Financial (AMP)?

Ameriprise Financial (AMP) has increased its quarterly dividend to $1.25 per share.

When will the new dividend for Ameriprise Financial (AMP) be paid?

The new dividend of $1.25 per share will be payable on May 20, 2022.

What date do I need to own shares of Ameriprise Financial (AMP) to receive the dividend?

Shareholders must be on record by May 9, 2022, to receive the dividend.

How often does Ameriprise Financial (AMP) pay dividends?

Ameriprise Financial pays dividends quarterly.

Is the dividend increase from Ameriprise Financial (AMP) sustainable?

The increase indicates strong financial performance; however, sustainability is subject to future earnings and cash flow.