Shares of Ameriprise Financial Inc. rose more than 3% late Monday after the company beat first-quarter earnings expectations and increased its dividend. Ameriprise said it earned $594 million, or $3.91 a share, in the quarter, compared with $403 million, or $2.52 a share, in the year-ago period. Sales rose 8% to $3.20 billion, mostly thanks to "strong" sales growth in the company's advice & wealth management business, the company said. Analysts surveyed by FactSet expected Ameriprise to earn $3.31 a share on sales of $3.08 billion in the quarter. The company raised its quarterly dividend by 8% to 90 cents a share, the 11th increase in the past nine years. Ameriprise stock ended the regular session up 1.3%.