AMP Limited (ASX:AMP) Insider Kathleen Bailey-Lord Purchases 28,571 Shares

AMP Limited (ASX:AMPGet Free Report) insider Kathleen Bailey-Lord acquired 28,571 shares of the business’s stock in a transaction that occurred on Wednesday, February 19th. The shares were acquired at an average cost of A$1.41 ($0.89) per share, with a total value of A$40,142.26 ($25,568.32).

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 stock has a market cap 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 business also recently declared a Final dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Wednesday, April 2nd will be issued a $0.01 dividend. This represents a yield of 0.7%. The ex-dividend date is Thursday, February 27th. AMP’s dividend payout ratio (DPR) is presently 133.33%.

About AMP

(Get Free Report)

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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