AMP Limited (AMP) will go ex dividend on 3/9/2012. The current dividend payment is 12.5 cents and it is 55% franked. The record date is 7/9/2012 and the dividend will be paid on 12/10/2012. Based on the full year payment the dividend yield is 6.0%.
*Current Yield: 2.8% Franking: 55% DRP Discount: 1.5%
*Yield has been calculated on the closing price on the 24/8/2012. Current yield is based on the current dividend payment only.
AMP Limited (AMP) will go ex dividend on 6/9/2010. The current dividend payment is 15 cents and it is 60% franked. The record date is 10/9/2010 and the dividend will be paid on 15/10/2010. Based on the full year payment the dividend yield is 5.9%.
*Current Yield: 2.9% Franking: 60% DRP Discount: 2.5%
*Yield has been calculated on the closing price on the 19/8/2010. Current yield is based on the current dividend payment only.
AXA Asia Pacific Holdings has turned down an unsolicited takeover offer from insurer AMP, working in partnership with AXA SA.
The proposed conditional scheme allowed for AMP to acquire the 53% stake held by AXA APH’s French parent, AXA SA.
Shareholders would have been paid $1.3796 for each AXA APH share, and would also have received 0.6896 AMP shares, altogether amounting to $5.34 a share.
AXA APH has rejected on the grounds that it undervalues the business, and does not take into consideration the prospects of growth from the Asian operations.
The New Zealand stock exchange announced this morning that AMP Ltd has been placed in a trading halt, pending a material announcement.
AXA Asia Pacific
ASX Code: AXA
AMP
ASX Code: AMP
For more on this story:
AMP Limited (AMP) will go ex dividend on 7/9/2009. The current dividend payment is 14.0 cents and it is 50% franked. The record date is 11/9/2009 and the dividend will be paid on 16/10/2009. Based on the full year payment the dividend yield is 4.7%.
Current Yield 2.2% Franking: 50% DRP Discount: 2.5%
*Yield has been calculated on the closing price on the 26/8/2009. Current yield is based on the current dividend payment only.
There are some noteworthy AGMs coming up in April and May, and that means opportunity for Stephen Mayne to shine a torch at executive salaries and boardroom behaviour.
In this opinion piece for Fairfax papers, Mayne predicts the excessive salaries being paid to key Lowy family executives will trigger shareholder revolt at the Westfield AGM. Protest votes are also expected to increase due to the heavy weighting of the board in favour of either people called Lowy or their buddies.
Mayne also questions the eligibility of AMP board candidates, and speculates that Sir Rod Eddington will be re-elected to the Rio board only due to Chinalco s voting power.
Click here to read the full article.
Stocks for your watchlist:
Westfield Holdings: WSF.AX (ASX)
AMP Ltd: AMP.AX (ASX); AMP.NZ (NZX)
Rio Tinto: RIO.AX (ASX); RIO.L (LSE)
Dear Members,
I have updated MDS Radio with a new recording covering the Dow, XJO and the ASX Top 20.
Click here to watch the presentation.
Best Regards,
Leon Hinde.
ASIC will be investigating several banks for potentially misleading customers with ads for high interest online accounts, according to a report in The Australian.
While the official cash rate is at a low of 3.25%, banks advertising returns of up to 6% are raising eyebrows. It is feared consumers may be at risk of being mislead by the attractive promotional rates while the details are buried in long Terms & Conditions.
Among the concerns:
Institutions offering attractive promotional rates include CommSec, AMP and St George Bank.
Read this article in The Australian for more information:
Also, have a look at Canstar Cannex s interest rate comparison table, to spot who s offering high rates
