Ameriprise Financial Reports First Quarter 2016 Results
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Go back to Ameriprise Financial Reports First Quarter 2016 Results
April 28, 2016 7:16 AM EDT
Piper Jaffray analyst, John Nadel, noted that Ameriprise Financial (NYSE: AMP) core EPS beat but the upside was lower quality. There was a bit more top line pressure than expected but expense controls were excellent. The capital return story remains exceptional, in our view, with another quarter of 10% annualized reduction in share count and the 9th dividend hike in the past seven years to a roughly 3% yield. No change to Overweight rating and the PT increases to $130.
AMP reported 1Q16 Op EPS of $2.17 a penny light of consensus. Ex. pre-announced one-timers... More
April 27, 2016 4:37 PM EDT
Ameriprise Financial (NYSE: AMP) declared a quarterly dividend of $0.75 per share, or $3 annualized. This is an 11.9% increase from the prior dividend of $0.67.
The dividend will be payable on May 20, 2016, to stockholders of record on May 9, 2016, with an ex-dividend date of May 5,... More
April 27, 2016 4:35 PM EDT
Ameriprise Financial (NYSE: AMP) reported Q1 EPS of $2.17, $0.01 worse than the analyst estimate of $2.18.
For earnings history and earnings-related data on Ameriprise Financial (AMP) click here.
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