Ameriprise Financial Inc (NYSE:AMP) Has Attractive Fundamentals, Here’s Why

As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to their future outlook. In the case of Ameriprise Financial Inc (NYSE:AMP), it is a well-regarded dividend-paying company with a an impressive history of delivering benchmark-beating performance. In the following section, I expand a bit more on these key aspects. If you’re interested in understanding beyond my high-level commentary, read the full report on Ameriprise Financial here.

Established dividend payer with proven track record

In the previous year, AMP has ramped up its bottom line by 23.50%, with its latest earnings level surpassing its average level over the last five years. This strong performance generated a robust double-digit return on equity of 28.61%, which is an notable feat for the company.

NYSE:AMP Income Statement Jun 20th 18

Income investors would also be happy to know that AMP is a great dividend company, with a current yield standing at 2.42%. AMP has also been regularly increasing its dividend payments to shareholders over the past decade.

NYSE:AMP Historical Dividend Yield Jun 20th 18

Next Steps:

For Ameriprise Financial, there are three relevant aspects you should further research:

1. Future Outlook: What are well-informed industry analysts predicting for AMP’s future growth? Take a look at our free research report of analyst consensus for AMP’s outlook.

2. Financial Health: Is AMP’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.

3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of AMP? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned.