Ameriprise Financial's last quarterly dividend was on May 5, 2023 (ex-date) with a distribution of $1.35 per share. On an annualized basis, the company has a current payout of $5.1 per share. This brings the dividend yield to 1.68% based on its recent close price. The latest dividend has increased by $0.1, or 8% from the prior dividend.
Ameriprise Financial's dividend yield of 1.68% is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 3.86%, Ameriprise Financial's dividend yield is 56% lower. Historically AMP's dividend yield has averaged at 2.1% in the last 5 years, which is above the current yield.
Ameriprise Financial has been paying dividends since 2005. AMP has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 10% for the last twelve months. But with the stock price up by 12% from a year ago, the dividend yield has decreased by 2.1%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| May 5, 2023 | May 19, 2023 | Apr 24, 2023 | $1.35 | normal |
| Feb 9, 2023 | Feb 28, 2023 | Jan 25, 2023 | $1.25 | normal |
| Nov 4, 2022 | Nov 18, 2022 | Oct 25, 2022 | $1.25 | normal |
| Aug 5, 2022 | Aug 19, 2022 | Jul 26, 2022 | $1.25 | normal |
| May 6, 2022 | May 20, 2022 | Apr 25, 2022 | $1.25 | normal |
| Feb 10, 2022 | Feb 28, 2022 | Jan 26, 2022 | $1.13 | normal |
| Nov 5, 2021 | Nov 19, 2021 | Oct 26, 2021 | $1.13 | normal |
| Aug 6, 2021 | Aug 20, 2021 | Jul 26, 2021 | $1.13 | normal |
| May 7, 2021 | May 21, 2021 | Apr 26, 2021 | $1.13 | normal |
| Feb 11, 2021 | Feb 26, 2021 | Jan 27, 2021 | $1.04 | normal |
| Nov 6, 2020 | Nov 20, 2020 | Oct 28, 2020 | $1.04 | normal |
| Aug 7, 2020 | Aug 21, 2020 | Jul 29, 2020 | $1.04 | normal |
| May 15, 2020 | May 29, 2020 | May 6, 2020 | $1.04 | normal |
| Feb 13, 2020 | Feb 28, 2020 | Jan 29, 2020 | $0.97 | normal |
| Nov 1, 2019 | Nov 15, 2019 | Oct 23, 2019 | $0.97 | normal |
| Aug 2, 2019 | Aug 16, 2019 | Jul 24, 2019 | $0.97 | normal |
| May 3, 2019 | May 17, 2019 | Apr 24, 2019 | $0.97 | normal |
| Feb 14, 2019 | Feb 28, 2019 | Jan 30, 2019 | $0.9 | normal |
| Nov 2, 2018 | Nov 16, 2018 | Oct 23, 2018 | $0.9 | normal |
| Aug 3, 2018 | Aug 17, 2018 | Jul 24, 2018 | $0.9 | normal |
| May 4, 2018 | May 18, 2018 | Apr 23, 2018 | $0.9 | normal |
| Feb 15, 2018 | Feb 28, 2018 | Jan 24, 2018 | $0.83 | normal |
| Nov 3, 2017 | Nov 17, 2017 | Oct 24, 2017 | $0.83 | normal |
| Aug 3, 2017 | Aug 18, 2017 | Jul 25, 2017 | $0.83 | normal |
| May 4, 2017 | May 19, 2017 | Apr 24, 2017 | $0.83 | normal |
| Feb 9, 2017 | Feb 28, 2017 | Feb 1, 2017 | $0.75 | normal |
| Nov 3, 2016 | Nov 18, 2016 | Oct 25, 2016 | $0.75 | normal |
| Aug 4, 2016 | Aug 19, 2016 | Jul 26, 2016 | $0.75 | normal |
| May 5, 2016 | May 20, 2016 | Apr 27, 2016 | $0.75 | normal |
| Feb 10, 2016 | Feb 26, 2016 | Jan 27, 2016 | $0.67 | normal |
| Oct 29, 2015 | Nov 13, 2015 | Oct 21, 2015 | $0.67 | normal |
| Jul 30, 2015 | Aug 14, 2015 | Jul 22, 2015 | $0.67 | normal |
Ameriprise Financial's payout ratio of 25.3% is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 32.1%, Ameriprise Financial's payout ratio is 21% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| TROW Price T Rowe Group Inc | 4.35% | $4.82 | 78.6% |
| PFG Principal Financial Group Inc | 3.69% | $2.56 | 14.8% |
| AMP Ameriprise Financial Inc | 1.63% | $5.1 | 25.3% |
| RJF Raymond James Financial Inc | 1.61% | $1.52 | 19.5% |
| SEIC Sei Investments Co | 1.42% | $0.83 | 28.5% |
Yes, Ameriprise Financial has been paying dividends for the last 18 years.
AMP hasn't announced its next dividend date yet, but if we take into consideration its recent dividend frequency, it is likely that its next dividend will be in August 2023.
Ameriprise Financial's last regular dividend was on May 5, 2023 (ex-date) with the amount of $1.35 per share.
AMP's annualized dividend per share is $5.1.
The current dividend yield of Ameriprise Financial is 1.68%.
Ameriprise Financial pays dividends quarterly.
Ameriprise Financial's dividend payout ratio is 25.3%.
Ameriprise Financial's dividend yield is below the Financial Services sector average.