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#Bull Case
stale
Added 10 months ago

Carl could be onto something for the most hated Strawman stock

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He also recommended PME as a technical buy quite some time again and would sack the Morningstar analyst who put a Sell on PME

Not held but my friend probably still holds AMP. Hopefully the wealth destruction for him has stopped.


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#Bull Case (Not Likely)
stale
Added one year ago

@Strawman I couldnt resist. I guess you and Scott will be talking about the wonderful returns on Fridays show.

AMP shares rocket 12% on half-year results and big advice news - MF


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#Dividend payment
stale
Added 2 years ago

AMP Notice of Meeting 2023 (HSF comments XX.1.23) a return of an old relic of a stock ( Return of the Jedi..lol )

Back on 27 February 2023:

Return of capital and dividends AMP remains well-capitalised and has a strong balance sheet, which enabled us in August 2022 to confirm a return of capital to shareholders of $1.1 billion subject to completion of the AMP Capital transactions, and any required shareholder and regulatory approvals. This included the immediate commencement of a $350 million on-market share buyback, of which $267 million is already complete. As part of our commitment around capital returns, AMP will return a further $400 million via a FY 22 final dividend of 2.5 cents per share, franked at 20%, and other capital management initiatives in 2023. A further $350 million of capital management initiatives will be announced following completion of the remaining AMP Capital transaction

DEBRA HAZELTON Chair, AMP Limited

Return (inc div)   1yr: 20.13%   3yr: -10.68% pa   5yr: -18.36% pa

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