05-06-2020, 04:10 PM
A bigger raise than I was expecting from Ameriprise, as I was thinking they'd go with just a 3% raise to $1.00.
The raise brings the yield to nearly 3.9%, the highest it's been since the '08/'09 recession.
Earnings beat too, could be a nice pop tomorrow.
MINNEAPOLIS--(BUSINESS WIRE)-- The Board of Directors of Ameriprise Financial, Inc. (NYSE: AMP) increased the company’s quarterly cash dividend by 7 percent, or $0.07 per diluted share, to $1.04 per diluted share payable on May 29, 2020 to shareholders of record at the close of business on May 18, 2020.
The raise brings the yield to nearly 3.9%, the highest it's been since the '08/'09 recession.
Earnings beat too, could be a nice pop tomorrow.
MINNEAPOLIS--(BUSINESS WIRE)-- The Board of Directors of Ameriprise Financial, Inc. (NYSE: AMP) increased the company’s quarterly cash dividend by 7 percent, or $0.07 per diluted share, to $1.04 per diluted share payable on May 29, 2020 to shareholders of record at the close of business on May 18, 2020.