AMP Limited (ASX:AMP – Get Free Report) insider Kathleen Bailey-Lord bought 28,571 shares of the stock in a transaction dated Wednesday, February 19th. The shares were acquired at an average price of A$1.41 ($0.89) per share, with a total value of A$40,142.26 ($25,568.32).
AMP Stock Performance
The firm has a market cap of $4.43 billion, a PE ratio of 68.75, a P/E/G 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 company also recently disclosed a Final dividend, which will be paid on Wednesday, April 2nd. Investors of record on Wednesday, April 2nd will be issued a $0.01 dividend. The ex-dividend date is Thursday, February 27th. This represents a yield of 0.7%. AMP’s payout ratio is currently 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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