2021 half year dividend

On 12 August, the AMP Board declared not to issue a dividend for the first half of 2021, which would normally be paid in September. While our surplus capital remains strong, AMP will continue with a conservative approach to capital management to support our business transformation, including the proposed demerger which is planned to be completed by June 2022.

Small shareholding Sale Facility

AMP has one of the largest retail shareholder bases in Australia and New Zealand. For many shareholders AMP may be the only shares they own. To assist shareholders sell small parcels of shares (less than A$500 in value), AMP plans to establish a Small shareholding Sale Facility in September 2021. Eligible shareholders will receive personalised correspondence by email or post from mid to late September 2021. 

2020 reporting year dividends

Full year 2020 dividend - The AMP Board did not declare a dividend for the 2020 full year payment. This dividend would have been paid in March 2021. The decision was made to maintain our balance sheet strength and conservative capital management. The board is committed to restarting the group’s capital management initiatives including the payment of dividends, share buyback and other capital initiatives in 2021. This is subject to the completion of the portfolio review, market conditions and business performance.

Half year 2020 special dividend - On 1 October 2020 AMP paid a A$0.10 a share fully franked dividend. The special dividend was the return of capital following the sale of the AMP Life business in June 2020. The special dividend was a cash payment only and the dividend reinvestment plan (DRP) did not operate for this payment.

2019 reporting year dividends

The AMP Board did not declare a dividend for the 2019 reporting year. These dividends would have been paid in September 2019 and March 2020. The decision was made in order for AMP to maintain its balance sheet strength and conservative capital management through a period of significant change including the sale of the AMP Life business. This position will be reviewed after completion of the sale of AMP Life, which is expected by 30 June 2020. As no dividends have been paid for the 2019/2020 tax year, there is no income from AMP shares to declare in tax returns for this reporting year. 

Past payments

Click here to view past dividend paymentspast capital return payments and past dividend reinvestment plan prices.

If you have past dividends payments owing please update your bank account details by accessing your shareholding online. Alternatively, you can provide your bank details online at www.amp.com.au/shares/easyupdate.

Once you have provided your account details any outstanding payments will be forwarded to you within 10 business days.

Having trouble opening your emailed statement?
  • Australian shareholders - are you entering the correct postcode when prompted for it?
  • Your computer may have security features that block web links. Try to copy the full link to the statement (provided in the email message), then paste this link into the address bar of your browser, then press enter on your keyboard.
  • If you continue to have difficulty, contact the AMP Investor Relations team (details above).
How to check and update your details
  • Click here to access the Computershare Investor Centre.
  • From the home page, follow the prompts to login as either an existing or new user.
  • Once you are logged in, click on my profile on the right hand side under your name and select the information you wish to update.
Finding your holder number

The first time you log into your shareholding online you will need your AMP holder number. You can find this in the top right corner of your hard copy AMP dividend statement. If you cant find your holder number, the AMP Investor Relations team can help. You can send us an email at shares@amp.com.au or call on 1800 245 500 (Australia) or +612 9257 9009 (other countries). You will need to provide your name, date of birth, phone number and the address on your shareholding.

Dividend payment process

Shareholders can choose to receive their dividend by direct credit into their bank account or by receiving additional shares through the dividend reinvestment plan (DRP). AMP pays dividends in three currencies - AUD, NZD and GBP. The DRP is only available to residents of Australia and New Zealand. You can select or amend your dividend preference by following the login details above or by contacting the share registry. AMP sets a record date for each dividend. The record date determines eligibility to receive the dividend, payment choice and contact details. Changes must be made by the record date to apply to the next dividend payment.

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