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AMP Limited (ASX: AMP) Share Price and News

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AMP Limited (AMP) is a diversified financial services company that has been operating for over 170 years. The company began in 1849 as the Australian Mutual Provident Society, offering life insurance. Today, AMP offers a wide range of financial services including superannuation, life insurance, investment management, banking products and financial advice to both retail and corporate clients.

AMP demutualised in 1998 to list on the ASX. Although AMP shares today sit comfortably within the S&P/ASX 200 Index (ASX: XJO), the AMP share price has been struggling in the wake of the Financial Services Royal Commission.

AMP Limited (ASX: AMP) Latest News

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3 reasons to stick with your AMP Limited shares

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AMP Limited’s tempting 6% dividend yield

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FAQ

Will AMP pay a dividend in 2020?

Historically, AMP has paid dividends, however, AMP did not declare a dividend for the 2019 reporting year. It has made no further announcements regarding dividend payments in 2020.

Does AMP offer a DRP?

Yes, AMP offers a dividend reinvestment plan (DRP) as an alternative to receiving cash dividends on AMP ordinary shares.