Ameriprise Financial (AMP) DIvidends Date & History

Key Takeaways

• Ameriprise Financial offers a current dividend yield of 1.40%, paid quarterly at $1.60 per share.
• The company has raised its dividend for 21 consecutive years, with a 5-year growth rate of approximately 9%.
• Payout ratio stands at about 17%, indicating strong sustainability backed by robust earnings and free cash flow.
• Recent ex-dividend date was February 9, 2026, with payment on February 27, 2026.
• Dividend yield trails the financial services sector average of 2.69%.
• Generates billions in free cash flow annually, supporting ongoing capital returns including dividends and buybacks.

Dividend Overview

Ameriprise Financial (AMP), a leading wealth management and financial services firm, maintains a quarterly dividend policy with a current annual payout of $6.40 per share, yielding 1.40% as of April 2026. The most recent quarterly dividend of $1.60 was declared with an ex-dividend date of February 9, 2026, and payment on February 27, 2026. This positions AMP as a dividend growth stock rather than a high-yield play, emphasizing consistent increases over yield maximization. With a history of reliable payments since its 2005 spin-off from American Express, the dividend reflects the company's stable revenue from asset management fees and advisory services. Investors appreciate its balance of income and capital appreciation potential in the competitive financial sector.

Dividend History and Growth

Ameriprise Financial has demonstrated a strong commitment to shareholder returns through its dividend, achieving 21 consecutive years of increases as of 2026. The quarterly dividend has grown from $0.26 per share in 2010 to the current $1.60, representing compound annual growth exceeding 8% over the past decade. Recent hikes include maintaining $1.60 for several quarters following increases in prior years. No cuts have occurred in this period, underscoring consistency even through market cycles. The company's long-term strategy prioritizes growing distributions alongside share repurchases, supported by diversified revenue streams in wealth management and asset management.

Dividend Sustainability and Payout Ratio

The dividend's sustainability is bolstered by a low payout ratio of approximately 17%, meaning only a fraction of earnings—$36.28 GAAP EPS for full-year 2025—is distributed. Free cash flow reached $6.42 billion in 2024, surging 43% year-over-year, providing ample coverage. Earnings grew 10% to $36.28 per share in 2025, with adjusted operating EPS up 14%. Debt levels remain manageable, with long-term debt at $5.66 billion and a debt-to-equity ratio around 53%, reflecting financial stability. This conservative profile supports continued dividend growth without straining balance sheet resources.

Dividend Compared to Industry Peers

Ameriprise Financial's 1.40% yield is below the financial services sector average of 2.69%. Peers like State Street (STT) and Northern Trust (NTRS) offer higher yields around 3-4%, reflecting different business mixes with more custody and banking exposure. BlackRock (BLK) yields about 2.2%, closer to AMP but still higher. T. Rowe Price (TROW) at ~5% emphasizes income more aggressively. AMP's lower yield aligns with its growth-oriented profile in wealth management, prioritizing total returns over top yield rankings.

AI Screener

Tickeron’s AI Screener is an AI-powered stock and ETF discovery tool that helps traders and investors filter the market based on technical patterns, fundamentals, trends, volatility, and AI-driven signals. Users can scan thousands of stocks and ETFs using customizable filters such as industry, market capitalization, technical indicators, price patterns, and performance metrics. The screener efficiently identifies dividend stocks, income-focused investments, trending stocks, breakout candidates, and market opportunities more effectively than manual screening. Explore it today to enhance your investment strategy.

Is This Stock Attractive for Dividend Investors?

Ameriprise Financial appeals to dividend growth investors seeking reliable annual increases backed by a 21-year streak and low payout ratio. Its modest 1.40% yield suits conservative portfolios prioritizing sustainability over high income, given strong free cash flow and earnings coverage. Long-term investors may value the blend of growing dividends, share buybacks, and exposure to wealth management growth trends. However, those chasing top yields might look elsewhere, as AMP trails sector averages. The stock fits balanced strategies combining income with capital appreciation potential in financial services, though market volatility and interest rate sensitivity warrant consideration. Overall, it offers a stable dividend profile for patient, growth-minded income seekers.

Disclaimer

The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer. Disclaimers and Limitations