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On April 24, 2025, Ameriprise Financial (AMP) increased its dividend by 8.11%, from $1.48 to $1.60 per share. The dividend is payable on May 19 to shareholders of record on May 5.
The stock's forward yield is 1.37% at $465.94 per share.
Image Source: Simply Safe Dividends
I own 10 Ameriprise Financial shares at an average cost of $501.00 per share. The stock's contribution to my portfolio's projected annual dividend income will increase by $4.80 to $64. My yield on cost is now 1.28%.
Since I opened my position in March 2025, the stock has declined by approximately 7%. Additionally, Ameriprise Financial has paid dividends totaling $64.
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