AMP Limited (ASX:AMP – Get Free Report) insider Andrew Best bought 34,288 shares of the business’s stock in a transaction that occurred on Monday, February 17th. The stock was acquired at an average cost of A$1.43 ($0.91) per share, for a total transaction of A$49,031.84 ($31,230.47).
AMP Price Performance
The company has a debt-to-equity ratio of 125.36, a current ratio of 6.68 and a quick ratio of 0.17. The company has a market capitalization of $4.43 billion, a PE ratio of 68.75, a PEG ratio of -12.07 and a beta of 0.67.
AMP Cuts Dividend
The company also recently disclosed a Final dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Wednesday, April 2nd will be given a dividend of $0.01 per share. The ex-dividend date is Thursday, February 27th. This represents a yield of 0.7%. AMP’s payout ratio is 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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