News releases
Ameriprise Financial Declares Regular Quarterly Dividend
MINNEAPOLIS – July 24, 2019 – The Board of Directors of Ameriprise Financial, Inc. (NYSE: AMP) has declared a quarterly cash dividend of $0.97 per common share payable on August 16, 2019 to shareholders of record as of August 5, 2019.
Ameriprise Financial Announces Fixed Annuity Reinsurance Transaction with Global Atlantic
MINNEAPOLIS – March 19, 2019 – Ameriprise Financial, Inc. (NYSE: AMP) (“the company”) announced today that its insurance subsidiary, RiverSource Life Insurance Company, has entered into an agreement with Commonwealth Annuity and Life Insurance Company, a subsidiary of Global Atlantic Financial Group, to reinsure approximately $1.7 billion of fixed annuity policies sold through third parties, which is approximately 20 percent of the company’s in force fixed annuity account balances.
Ameriprise Financial Announces Additional $2.5 Billion Share Repurchase Authorization
MINNEAPOLIS – February 26, 2019 – The Board of Directors of Ameriprise Financial, Inc. (NYSE: AMP) has authorized an additional $2.5 billion for the repurchase of shares of its common stock through March 31, 2021. Through the fourth quarter of 2018, the company had repurchased approximately $2.0 billion of its current $2.5 billion authorization, and the remaining capacity will continue to be available through June 30, 2019.
Ameriprise Financial Reports Fourth Quarter and Full Year 2018 Results
MINNEAPOLIS – January 30, 2018 – Ameriprise Financial, Inc. (NYSE: AMP) today reported fourth quarter 2018 net income of $539 million, or $3.76 per diluted share. Adjusted operating earnings excluding items(1) increased 12 percent to $544 million, with adjusted operating earnings per diluted share excluding items(1) up 21 percent to $3.80. Significant equity and interest rate volatility resulted in non-cash mean reversion-related impacts of an unfavorable $56 million after-tax in the Annuities and Protection segments in the current quarter compared to a $13 million favorable after-tax impact in the prior year quarter.
Ameriprise Financial Declares Regular Quarterly Dividend
MINNEAPOLIS – January 30, 2019 – The Board of Directors of Ameriprise Financial, Inc. (NYSE: AMP) has declared a quarterly cash dividend of $0.90 per common share payable on February 28, 2019 to shareholders of record at the close of business on February 15, 2019.
Ameriprise Financial Reports Third Quarter 2018 Results
MINNEAPOLIS – October 23, 2018 – Ameriprise Financial, Inc. (NYSE: AMP) today reported third quarter 2018 net income of $503 million, or $3.43 per diluted share. Adjusted operating earnings were $548 million, with adjusted operating earnings per diluted share of $3.74. Excluding the impact of annual unlocking(1) in both periods, adjusted operating earnings were up 13 percent to $594 million in the quarter and adjusted operating earnings per diluted share increased 20 percent to $4.05.
Ameriprise Financial Declares Regular Quarterly Dividend
MINNEAPOLIS – October 23, 2018 – The Board of Directors of Ameriprise Financial, Inc. (NYSE: AMP) has declared a quarterly cash dividend of $0.90 per common share payable on November 16, 2018 to shareholders of record at the close of business on November 5, 2018.
Ameriprise Financial Reports Second Quarter 2018 Results
MINNEAPOLIS – July 24, 2018 – Ameriprise Financial, Inc. (NYSE: AMP) today reported second quarter 2018 net income of $462 million, up 18 percent compared to a year ago, or $3.10 per diluted share, up 24 percent. Adjusted operating earnings were $536 million, up 22 percent compared to a year ago, with adjusted operating earnings per diluted share of $3.60, up 29 percent.
Ameriprise Financial Declares Regular Quarterly Dividend
MINNEAPOLIS – July 24, 2018 – The Board of Directors of Ameriprise Financial, Inc. (NYSE: AMP) has declared a quarterly cash dividend of $0.90 per common share payable on August 17, 2018 to shareholders of record at the close of business on August 6, 2018.