Markets Are Missing Remarkable Yields At Ameriprise Financial
Maybe it goes back to Ameriprise Financial splitting from American Express (AXP) several years ago. Combine the split with the financial crisis and maybe most investors don't know or trust what appears to be a new name in the financial world. After all, American Express has much lower yields and forecasted growth rates, so investors appear to trust the old parent more.
The other culprit is that investors remain completely focused on the dividend yield while ignoring the buyback yield or even more importantly, the earnings yield.
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