AMP Limited (ASX:AMP – Get Free Report) insider Andrew Best purchased 34,288 shares of the company’s stock in a transaction that occurred on Monday, February 17th. The shares were purchased at an average cost of A$1.43 ($0.92) per share, for a total transaction of A$49,031.84 ($31,430.67).
AMP Stock Performance
The company has a quick ratio of 0.17, a current ratio of 6.68 and a debt-to-equity ratio of 125.36. The stock has a market capitalization of $4.43 billion, a price-to-earnings ratio of 68.75, a P/E/G ratio of -12.07 and a beta of 0.67.
AMP Cuts Dividend
The firm also recently disclosed a Final dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Wednesday, April 2nd will be issued a dividend of $0.01 per share. This represents a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, February 27th. AMP’s dividend 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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