Business
AMP issues special dividend to shareholders – NEWS.com.au
AMP issues special dividend to shareholders despite COVID-19 impacting earnings and profit
Major wealth group AMP has seen its underlying profits almost half as heightened market volatility induced by the coronavirus pandemic dents earnings within its core business.Its underlying profit was $149 million for the six months ending June 30, a 42 per cent tumble compared to the 2019 financial year.
In its update to the Australian Stock Exchange on Thursday, the embattled wealth provider’s chief executive Francesco De Ferrari acknowledged the deep rooted culture problem systemic throughou…
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