AMP Limited (ASX:AMP – Get Free Report) insider Andrew Best bought 34,288 shares of the business’s stock in a transaction on Monday, February 17th. The stock was bought at an average price of A$1.43 ($0.91) per share, for a total transaction of A$49,031.84 ($31,230.47).
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 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 declared 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. The ex-dividend date is Thursday, February 27th. This represents a dividend yield of 0.7%. AMP’s payout ratio is currently 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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