ASX Share rice
Sun 16 Aug 2020 - 02:15:am (Sydney)

AMP Share Price

AMP LIMITEDAMPDiversified Financials

AMP Company Information

Name:

AMP Limited

Sector:

Financial Services

Industry:

Asset Management

GIC Industry:

Diversified Financial Services

GIC Sub Industry:

Other Diversified Financial Services

Address:

33 Alfred Street Sydney Australia 2000

Phone:

61 2 9257 5000

Full Time Employees:

6500

CEO, MD & Exec. Director:

Mr. Francesco De Ferrari

Chief Financial Officer:

Mr. James Gladstone Georgeson C.A.

Group Gen. Counsel:

Mr. David Cullen BCom, LLB, LLM, PGCert Mgmt

Group Exec. of People & Corp. Affairs:

Ms. Helen Livesey

Director of Investor Relations:

Mr. Howard Marks

Company Overview:

AMP Limited operates as a wealth management company in Australia and internationally. The company operates through Australian Wealth Management, AMP Bank, AMP Capital, New Zealand Wealth Management, Australian and New Zealand Wealth Protection and Mature segments. It offers financial advice services; platform and software administration services; unit linked superannuation products, including personal and employer sponsored plans with insurance; and retirement income and managed investment products. The company also offers residential mortgages, deposits, transaction banking, and practice finance loans. In addition, it manages investments across various asset classes, including equities, fixed interest, real estate, infrastructure, and multi-manager and multi-asset funds; and provides commercial, industrial, and retail real estate management services. Further, the company provides wealth management solutions comprising KiwiSaver schemes, corporate superannuation, and retail investments, as well as operates a wrap investment management platform. Additionally, it offers individual and group term, disability, income protection, and risk insurance products; whole of life, endowment, investment linked, and investment accounts; retirement savings accounts; eligible rollover funds; annuities; insurance bonds; personal superannuation and guaranteed savings accounts; and risk insurance and mature books. AMP Limited was founded in 1849 and is based in Sydney, Australia.

AMP Share Price Information

Shares Issued:

3.44B

Market Capitalisation:

$5.36B

Dividend per Share:

$0.14

Ex Dividend Date:

2020-09-18

Dividend Yield:

8.97%

Revenue (TTM):

$23.56B

Revenue Per Share (TTM):

$7.01

Earnings per Share:

$0.008

Profit Margin:

0.0012

Operating Margin (TTM):

$0.07

Return On Assets (TTM):

$0.01

Return On Equity (TTM):

$-0.09

Quarterly Revenue Growth (YOY):

-0.074

Gross Profit(TTM):

$5.80B

Diluted Earnings Per Share (TTM):

$0.008

AMP CashFlow Statement

CashFlow Date:

2019-12-31

Investments:

$8.15B

Change To Liabilities:

$0

Total Cashflow From Investing Activities:

$8.15B

Net Borrowings:

$-320,000,000

Net Income:

$-2,467,000,000

Total Cash From Operating Activities:

$-9,109,000,000

Depreciation:

$140M

Dividends Paid:

$-117,000,000

Change To Account Receivables:

$-567,000,000

Capital Expenditures:

$55M

AMP Income Statement

Income Date:

2019-12-31

Income Before Tax:

$-1,694,000,000

Net Income:

$-2,467,000,000

Gross Profit:

$5.80B

Operating Income:

$1.23B

Other Operating Expenses:

$1.64B

Interest Expense:

$617M

Income Tax Expense:

$740M

Total Revenue:

$22.10B

Total Operating Expenses:

$23.80B

Cost Of Revenue:

$17.92B

AMP Balance Sheet

Balance Sheet Date:

2019-12-31

Intangible Assets:

$705M

Total Liabilities:

$142.71B

Total Stockholder Equity:

$4.86B

Other Current Liabilities:

$1.16B

Total Assets:

$147.68B

Common Stock:

$10.40B

Other Current Assets:

$4.62B

Retained Earnings:

$-3,509,000,000

Other Liabilities:

$114.79B

Good Will:

$172M

Other Assets:

$22.31B

Cash:

$4.54B

Total Current Liabilities:

$20.73B

Short-Term Debt:

$3.59B

Property - Plant & Equipment:

$343M

Net Tangible Assets:

$4.55B

Long-Term Investments:

$113.96B

Total Current Assets:

$123.49B

Long-Term Debt:

$6.98B

Net Receivables:

$2.59B

Accounts Payable:

$2.47B

AMP Share Price History

AMP News

13 Aug, 2020
Australia's scandal-hit AMP Ltd said on Thursday it would return up to almost $400 million to investors in the form of a special dividend and a share buyback, sending its stock surging as much as 14%. It will also spend A$460 million ($330 million) to buy back a 15% stake in its investment management unit from Mitsubishi UFJ Financial Group Inc (MUFG) after its Japanese partner bought a rival company. The moves are part of an overhaul by Australia's oldest wealth advisory firm which has seen two years of heavy investor outflows in the wake of a public inquiry into the finance sector which accused it of improperly charging fees and attempting to deceive regulators.
06 Aug, 2020
The company did not explain the reason for Wade's resignation. Blair Vernon, the chief executive of its New Zealand wealth unit, has been appointed as the acting CEO of AMP Australia, the company said in a statement.
31 Jul, 2020
AMP Ltd, Australia's largest financial advisory firm, said on Friday it expects its first-half underlying profit to more than halve, blaming the coronavirus pandemic and unsettled markets for a slump in fee income and higher credit losses. The 171-year old company expects underlying profit from its retained businesses of A$140 million to A$150 million. It said performance and transaction fees at its investment arm AMP Capital were expected to fall by 40%, while its bank would set aside about A$25 million to cover potential credit losses.
22 Jul, 2020
At the same time, there is a perception that U.S. lawmakers are struggling to reach consensus on the next round of stimulus measures to boost American consumers and businesses. "Ironically, the dollar's weakness has been exacerbated by concerns that the United States is not doing as much as the Europeans have on stimulus."
03 Jul, 2020
Every investor in AMP Limited (ASX:AMP) should be aware of the most powerful shareholder groups. Institutions often...
17 Mar, 2020
SYDNEY/HONG KONG, March 16 (Reuters) - At least three Australian takeovers potentially worth a combined $1.2 billion are facing lower prices and contract conditions, three sources said, as financial market turmoil sparked by the coronavirus has made it difficult for advisers and bidders to put price tags on deals. The rethinking on price comes as dealmakers had hoped Australia's relatively low number of coronavirus cases would leave it as a dealmaking sweetspot, while so many other Asia-Pacific economies, including China, the region's biggest driver of takeovers, were hit hard by the virus. Some bidders for Australian and New Zealand Banking Group's car lender UDC Finance and AMP's New Zealand wealth management business are lowering their offers and adding conditions due to the COVID-19 market chaos, two sources with knowledge of the deals said.
13 Feb, 2020
Full Year 2019 AMP Ltd Earnings Presentation
08 Feb, 2020
We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is...
05 Feb, 2020
AMP is battling to steady itself a year after a public inquiry into the finance sector accused it of improperly charging fees and attempting to deceive regulators. In June 2018, the Australian Securities and Investment Commissions accused reut.rs/372nwmu the firm's financial planners of advising clients to cancel existing insurance policies and apply for new similar replacement policies, so as to win higher commissions.
10 Dec, 2019
We think intelligent long term investing is the way to go. But along the way some stocks are going to perform badly...
21 Nov, 2019
Half Year 2019 AMP Ltd Earnings Call
26 Oct, 2019
If you own shares in AMP Limited (ASX:AMP) then it's worth thinking about how it contributes to the volatility of your...
18 Sep, 2019
Every investor in AMP Limited (ASX:AMP) should be aware of the most powerful shareholder groups. Insiders often own a...
11 Sep, 2019
Australia's corporate regulator said on Wednesday it has been conducting long-term on-site monitoring at the offices of major banks and wealth manager AMP Ltd since October, after a probe into the sector revealed wide-ranging misconduct. The country last year granted the Australian Securities and Investments Commission (ASIC) powers to place supervisors inside firms after a broad inquiry into the sector exposed systemic wrongdoing by some of the Australia's top financial institutions. ASIC said its staff have been conducting on-site reviews for 164 out of 222 working days since October 2018.

AMP Dividend Payments

EX-Date Dividend Amount
2010-02-22$0.1600
2010-09-06$0.1500
2011-02-27$0.1500
2011-09-05$0.1500
2012-02-26$0.1400
2012-09-03$0.1250
2013-03-03$0.1250
2013-09-02$0.1150
2014-03-02$0.1150
2014-09-03$0.1250
2015-03-02$0.1350
2015-09-01$0.1400
2016-02-29$0.1400
2016-08-31$0.1400
2017-02-21$0.1400
2017-08-23$0.1450
2018-02-20$0.1450
2018-08-22$0.1000
2019-02-26$0.0400

AMP Dividends (last 10 Years)