Insider Buying: AMP (ASX:AMP) Insider Purchases 3,097,661 Shares of Stock

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

AMP Price Performance

The firm 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. The company has a debt-to-equity ratio of 125.36, a quick ratio of 0.17 and a current ratio of 6.68.

AMP Announces Dividend

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

AMP Company Profile

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.