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AMP Ltd has a long history of paying dividends to its shareholders, with the first dividend paid in 1929.
The company's dividend payout has grown steadily over the years, with a compound annual growth rate (CAGR) of 5.2% from 1990 to 2020.
AMP Ltd has consistently maintained a dividend payout ratio of around 50-60% of its net profit, indicating a strong commitment to returning value to shareholders.
The company's market capitalization has grown significantly over the years, from around $1 billion in 1990 to over $10 billion in 2020, reflecting its increasing size and influence in the financial services industry.
Dividend Information
AMP Ltd's dividend yield is a significant aspect of its investment appeal, standing at 5.3% as of the latest available data.
The company's dividend yield has been a subject of interest for investors, with the graph showing a historical trend over the last 12 months.
One notable aspect of AMP's dividend payments is that they are not well covered by earnings, with a high payout ratio of 156%. This suggests that the company may struggle to maintain its dividend payments in the future.
However, AMP's dividend payments are thoroughly covered by cash flows, with a low cash payout ratio of 12.1%. This indicates that the company has a stable financial position to support its dividend payments.
Here's a breakdown of AMP's dividend payments over the last few years:
AMP's dividend payments are made quarterly, with the next dividend payment scheduled for March 17, 2025. The ex-dividend date is March 6, 2025, and the payout amount is AU$0.040 per share.
AMP's dividend growth has been negative over the last year, with a decline of 14.8%. This suggests that the company may be reducing its dividend payments in the future.
The company's shareholder yield is a key metric to consider when evaluating its investment appeal. The shareholder yield is a ratio that compares the cash returned to shareholders over a period of time to the market capitalization of the company.
AMP's shareholder yield is 7.6%, which is a significant return to shareholders. This is made up of the company's dividend yield and buyback yield.
Investors should consider AMP's shareholder yield in conjunction with other financial metrics, such as earnings, revenue, and debt levels, to get a comprehensive understanding of the company's financial position.
History and Data
Ameriprise Financial, Inc. (AMP) has a dividend yield of 1.05%, which means investors receive $1.05 in dividends per year for every $100 invested in the company's stock.
AMP pays dividends on a quarterly basis and has increased its dividends for 18 consecutive years, indicating the company's financial stability and ability to pay consistent dividends in the future.
The company's payout ratio is 20.91%, which is relatively low, suggesting that AMP has a strong financial position and can invest in growth opportunities.
AMP's annual dividend is $5.92 per share, and the ex-dividend date is November 4, 2024, meaning buyers purchasing shares on or after that date will not be eligible to receive the next dividend payment.
Here's a breakdown of AMP's dividend history and growth over the past 12 months, 36 months, 60 months, and 120 months:
History and Growth
Ameriprise Financial, Inc. (AMP) has a dividend history that's worth taking a closer look at. The company's dividend payments per share have been an average of 8.64% over the past 60 months.
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AMP's dividend growth can be affected by several factors, including profitability, cash flow, and financial stability. This means that the company's ability to maintain its dividend payments may be impacted by changes in its financial situation.
Over the past 12 months, AMP's dividend payments per share have averaged 8.85%. This is a significant increase from the 8.64% average over the past 60 months.
Here's a breakdown of AMP's dividend payout history over the past few years:
AMP's dividend payments per share have been $1.4800 for the past few quarters. This represents a consistent payout amount, with no significant changes in recent years.
AMP Payout History
AMP has a payout ratio of 20.91%, which means that 20.91% of the company's earnings are paid out as dividends.
AMP's annual dividend is $5.92 per share, and the company has increased its dividends for 18 consecutive years.
AMP pays dividends on a quarterly basis, with the ex-dividend date typically falling in November.
Here's a breakdown of AMP's dividend history:
AMP's dividend yield is 1.05%, and the company has a history of paying consistent dividends, with an average dividend growth rate of 8.85% over the past 12 months.
Frequently Asked Questions
Is AMP paying a dividend in 2024?
Yes, AMP is paying a dividend in 2024, with a payment of 2.0 cents per share scheduled for 27 September 2024.
When did AMP last pay a dividend?
AMP last paid a dividend on 27 Sep 2024. The company's most recent dividend payment was made with a 20% franking credit.
What is the AMP dividend policy?
The AMP dividend policy allows shareholders to reinvest their dividends to buy more shares, increasing their holding without incurring brokerage costs. This policy applies to regular dividends, but not special dividends.
Sources
- https://simplywall.st/stocks/au/diversified-financials/asx-amp/amp-shares/news/amp-limited-asxamp-will-pay-a-au002-dividend-in-four-days
- https://www.koyfin.com/company/amp/dividends/
- https://www.dividend.com/stocks/financials/asset-management/wealth-management/amp-ameriprise-financial/
- https://simplywall.st/stocks/au/diversified-financials/asx-amp/amp-shares/dividend
- https://www.dividend.com/stocks/financials/insurance/life-insurance/amltf-amp-limited/
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