AMP Limited (ASX:AMP – Get Free Report) insider Andrew Best acquired 34,288 shares of AMP stock in a transaction that occurred on Monday, February 17th. The shares were purchased at an average cost of A$1.43 ($0.91) per share, for a total transaction of A$49,031.84 ($31,032.81).
AMP Price Performance
The firm has a market capitalization of $4.43 billion, a price-to-earnings ratio of 68.75, a price-to-earnings-growth ratio of -12.07 and a beta of 0.67. The company has a debt-to-equity ratio of 125.36, a quick ratio of 0.17 and a current ratio of 6.68.
AMP Cuts Dividend
The firm also recently disclosed a Final dividend, which will be paid on Wednesday, April 2nd. Investors of record on Wednesday, April 2nd will be paid a dividend of $0.01 per share. This represents a yield of 0.7%. The ex-dividend date of this dividend is Thursday, February 27th. AMP’s payout ratio is presently 133.33%.
About AMP
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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