logo

AMP and CBA Share Prices and Capital Budget

   

Added on  2023-06-07

17 Pages3828 Words250 Views
AMP AND CBA SHARE PRICES 1
AMP and CBA share price and Capital budget
By (Student’s Name)
Course
Tutor
University
[Date Submitted]

AMP AND CBA SHARE PRICES 2
Part A
1. AMP located in Australia and New Zealand and headquartered in Sydney is a corporation that
provides superannuation and investment products, financial plans and counsel, insurances and
banking service.
The commonwealth bank of Australia located in the regions; New Zealand, Asia, US and UK are
multinational banking service provider dealing with retail, business and institutional banking
services, management of funding’s, superannuation, insurance, brokering and investing.
The current common share price of AMP is 3.140
Table 1. AMP financial summary
Daily change 0.010- 0.319%
Daily volume 10,892,214
Market capital 9.13 billion
Bid 3.140
Offer 3.150
No of Shares 2.92 billion
52 week Low- 3.080 High- 5.470
Dividends
Most recent- 10c
Dividend expiry date-22/08/2018
Dividend pay date- 28/09/2018
Validating- 50%
Annual dividend worth- 7.83%
The current common share price of CBA is $71.50

14.5
0
10
20
30
2016201520142013 2017
12.5
14
14
14.5
13.5
14
14
26
28
28
29
11.5 11.5 23
201 5 201742013201
6201
$884m
m
$972m
$848m
$672m
0
250
500
750
1,000
1,250
0
250
500
750
1,000
1,250
201520142013 2016 2017
$1,045m
$1,120m
$486m
$1,040m
$849m
AMP AND CBA SHARE PRICES 3
Table 2. CBA financial summary
Daily change 0.32- 0.45%
Daily volume 2,833,016
Market capital 125.27 billion
Bid 71.50
Offer 71.64
No of Shares 1.76 billion
52 week Low- $67.22 High- $82.66
Dividends
Dividend expiry date-15/08/2018
Dividend pay date- 28/09/2018
Franking- 100%
Annual dividend worth- 7.51%
The table below summarizes AMP share price evolution over the past five years.
Table 3. AMP financial data
2017 2016 2015 2014 2013
Basic earnings per ordinary share($) 0.29 0.11 0.33 0.30 0.23
Diluted earnings per ordinary share($) 0.29 0.11 0.33 0.30 0.23
Dividends per ordinary share($) 0.29 0.28 0.28 0.26 0.23
Number of ordinary shares($) 2958 2958 2958 2958 2958
Assets under management($) 257 240 226 214 197

AMP AND CBA SHARE PRICES 4
The dividend of 14.5 cents/share was due on 28/03/2018 and will have a franking of 90%.
$837m returned to shareholders was in the form of dividends and there were dividend
reinvestment plan shares in 2017. (Manager, 2018)
The table below summarizes CBA share price evolution over the past five years.
Table 4. CBA annual dividends
12/2014 12/2015 12/2016 12/2017 12/2018
Dividend amount($) 4.01 4.20 4.20 4.29 4.31
2014 2015 2016 2017 2018
3.85
3.9
3.95
4
4.05
4.1
4.15
4.2
4.25
4.3
4.35
dividend
From the above graph there was a rise in the year 2015 from $4.01 to $4.20 which followed
stagnation in the year 2016 at $4.20 then an increase in the dividends in the year 2017 to $4.29.
There was also another increase in the dividend in the year 2018 to $ 4.31.(ASX 2018)

End of preview

Want to access all the pages? Upload your documents or become a member.