AMP Limited (AMP) to Issue Final Dividend of $0.01 on April 2nd

AMP Limited (ASX:AMP) declared a final dividend on Monday, February 17th, MarketIndexAU Dividends reports. Shareholders of record on Wednesday, April 2nd will be paid a dividend of 0.01 per share on Wednesday, April 2nd. This represents a yield of 0.7%. The ex-dividend date is Thursday, February 27th.

AMP Stock Performance

The stock 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 current ratio of 6.68, a quick ratio of 0.17 and a debt-to-equity ratio of 125.36.

Insider Buying and Selling

In other news, insider Kathleen Bailey-Lord bought 28,571 shares of AMP stock in a transaction dated Wednesday, February 19th. The stock was bought at an average cost of A$1.41 ($0.89) per share, for a total transaction of A$40,142.26 ($25,406.49). Also, insider Andrew Best purchased 34,288 shares of the business’s stock in a transaction on Monday, February 17th. The stock was purchased at an average price of A$1.43 ($0.91) per share, for a total transaction of A$49,031.84 ($31,032.81). 0.78% of the stock is currently owned by insiders.

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.