AMP Limited has announced an ordinary dividend of AUD 0.02 per share for the half-year ending December 2025, partially franked at 20%, with payments scheduled for April 2026.
- Ordinary dividend of AUD 0.02 per share
- Dividend partially franked at 20%
- Ex-dividend date set for 27 February 2026
- Payment date scheduled for 2 April 2026
- Dividend Reinvestment Plan not applicable for this payment
AMP’s Dividend Announcement
AMP Limited has declared an ordinary dividend of 2 cents per fully paid ordinary share for the six months ending 31 December 2025. This announcement, made on 12 February 2026, confirms the company’s commitment to returning value to shareholders amid a steady financial period.
Franking Details and Payment Timeline
The dividend is partially franked at 20%, meaning shareholders will receive a franking credit reflecting the tax already paid by AMP on this portion of the dividend. The franked amount per share is 0.4 cents, with the remaining 1.6 cents unfranked but classified as conduit foreign income. The ex-dividend date is set for 27 February 2026, with the record date on 2 March 2026 and payment scheduled for 2 April 2026.
Dividend Reinvestment Plan Not Applicable
Notably, AMP’s Dividend Reinvestment Plan (DRP) will not apply to this dividend payment. This means shareholders will receive their dividends in cash rather than having the option to reinvest in additional shares. This decision could reflect AMP’s current capital management strategy or market conditions influencing reinvestment incentives.
Context and Market Implications
AMP’s dividend announcement aligns with expectations for a stable payout, reflecting the company’s ongoing profitability and cash flow generation. The partial franking level suggests a balanced approach to tax efficiency and shareholder returns. Investors will be watching closely for the full financial results for the period ending December 2025 to assess the sustainability of dividends and AMP’s broader financial health.
Bottom Line?
AMP’s steady dividend payout signals confidence but leaves questions on future reinvestment strategies.
Questions in the middle?
- Will AMP maintain or increase dividend payouts in upcoming periods?
- What factors influenced the decision to exclude this dividend from the DRP?
- How does AMP’s dividend compare with peers in the asset management sector?