AMP Limited (ASX:AMP) Insider Purchases A$40,142.26 in Stock

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

AMP Stock Performance

The company has a current ratio of 6.68, a quick ratio of 0.17 and a debt-to-equity ratio of 125.36. The stock has a market capitalization of $4.43 billion, a P/E ratio of 68.75, a price-to-earnings-growth ratio of -12.07 and a beta of 0.67.

AMP Cuts Dividend

The business 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 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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