Alexis George Acquires 3,097,661 Shares of AMP (ASX:AMP) Stock

AMP Limited (ASX:AMPGet Free Report) insider Alexis George bought 3,097,661 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was purchased at an average price of A$1.25 per share, with a total value of A$3,872,076.25.

AMP Stock Performance

The company has a current ratio of 0.32, a quick ratio of 0.17 and a debt-to-equity ratio of 791.59. The firm has a market cap of $3.23 billion, a PE ratio of 24.25, a P/E/G ratio of -12.07 and a beta of 0.67.

AMP Announces Dividend

The firm also recently announced a Final dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Wednesday, April 1st will be issued a $0.02 dividend. The ex-dividend date is Thursday, February 26th. This represents a dividend yield of 143.0%. AMP’s dividend payout ratio is presently 133.33%.

AMP Company Profile

(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. It also offers financial advice and wealth solutions, including retirement planning, investments, and financing; and home loans, deposit, and transaction accounts.

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