Ameriprise Financial (AMP) Raises Quarterly Dividend 15.6% to $0.52; 2.9% Yield

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Ameriprise Financial (AMP) Reports In-Line Q1 EPS

April 22, 2013 4:09 PM EDT

Ameriprise Financial (NYSE: AMP) reported Q1 EPS of $1.58, in-line with the analyst estimate of $1.58. Revenue for the quarter came in at $2.6 billion versus the consensus estimate of $2.72 billion.

First quarter 2013 operating expenses increased 5 percent to $2.1 billion, reflecting higher distribution costs and disclosed benefits last... More