AMP Limited (ASX:AMP – Get Free Report) insider Kathleen Bailey-Lord bought 28,571 shares of the firm’s stock in a transaction dated Wednesday, February 19th. The shares were acquired at an average cost of A$1.41 ($0.89) per share, with a total value of A$40,142.26 ($25,568.32).
AMP Price Performance
The firm has a market capitalization of $4.43 billion, a price-to-earnings ratio of 68.75, a PEG ratio of -12.07 and a beta of 0.67. The company has a current ratio of 6.68, a quick ratio of 0.17 and a debt-to-equity ratio of 125.36.
AMP Cuts Dividend
The business also recently announced a Final dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Wednesday, April 2nd will be paid a $0.01 dividend. This represents a yield of 0.7%. The ex-dividend date of this dividend is Thursday, February 27th. AMP’s payout ratio is 133.33%.
AMP Company Profile
AMP Limited provides banking, super, retirement, and advice services in Australia and New Zealand. It operates through AMP Bank, Platform, Master Trust, Advice, and New Zealand Wealth Management (NZWM) segments. The company provides superannuation, retirement, and investment solutions; pension solutions; and SignatureSuper, a retail master trust.
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