08-31-2023
AUD/share | |
Price | 1.27 |
Dividend | 0.05 |
Earnings | 0.15 |
Cash-flow | 0.85 |
Book value | 1.41 |
Equity | 1.40 |
AMP is part of Life Insurance business, which is part of Financials industry. AMP is a company from Australia, and his stocks are publicly traded.
AMP stock dividend
AMP paid a total dividend of 148 million AUD last year, for a market value of 3,766 millions (Market Cap 3,750 millions). AMP dividend per share is 0.05 AUD, and his stock market price 1.27 AUD.
According to the chart below, where dividend yield is displayed, AMP has a dividend yield of 3.95%, which is similar to the amount offered by both the market average and companies from Australia. However, it is lower than the average of Financials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.
In addition, you should compare AMP stocks dividend with other Life Insurance companies or other of the high Australia dividend stocks list.
AMP Dividend Payout
About the ability of AMP to maintain his current dividend of AUD 0.05 per share, an amount that accounts for 3.95%, we should study its payout ratio both on earnings and on cash-flows (see chart below). AMP payout on ernings is currently 33.33%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that AMPcan maintain his current dividend.
The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of AMP is AUD 0.85 per share, which is higher than the dividend per share paid by the company of AUD 0.05, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of AMP, compared againt world market average, Australia companies, Financials industry and Life Insurance sector companies.
AMP Dividend History
Below you will find a table with the historical evolution of AMP's dividend stock, both in percentage and in AUD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
Year | Yield | AUD | Paypout | Shares* |
Present | 3.95% | 0.05 | 33.33% | 2,965 |
2022 | 0.00% | 0.00 | 0.00% | 3,116 |
2021 | 0.00% | 0.00 | 0.00% | 3,266 |
2020 | 0.00% | 0.00 | 0.00% | 3,437 |
2019 | 7.31% | 0.14 | 175.00% | 3,437 |
2018 | 10.00% | 0.25 | 65.79% | 2,919 |
2017 | 5.49% | 0.28 | 0.00% | 2,930 |
2016 | 5.96% | 0.28 | 66.67% | 2,930 |
2015 | 4.73% | 0.27 | 67.50% | 2,930 |
*In millions
Then you can see the evolution of AMP dividend stock, and compare it with the average of Australia stocks and that of the Life Insurance stocks.
AMP Stock performance
Finally, last moth AMP showed a return of 11.90% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 8.60% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Australia and Life Insurance firms.