AMP Capital Notes 2 are new perpetual, convertible, subordinated and unsecured securities issued by AMP on 24 December 2019. Capital notes pay discretionary, non-cumulative and quarterly floating rate distributions, which are expected to be franked at the same rate as dividends on AMP shares. Capital notes are Australian dollar securities which can be bought and sold on the Australian Securities Exchange and trade under the code AMPPB.
How to update your capital notes holding
To update or confirm your details:
- Click on the login to my shareholding button at the top right of the screen.
- You will be taken to the Computershare Investor Centre where you can 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.
The first time you log into your shareholding online you will need your capital notes 2 holder number. You can find this in the top right corner of your hard copy capital notes 2 holding statement. If you don't know your holder number, the AMP Investor Relations team can help. You can send an email to shares@amp.com.au or call 1800 245 500. You will need to provide your name, date of birth, phone number and the address on your shareholding.
Key Dates:
| Record date | Payment date* | Distribution amount** | Franking*** |
|---|---|---|---|
| 6 March 2020 | 16 March 2020 | $0.9599 | 70% |
| 5 June 2020 | 16 June 2020 | $0.9875 | 70% |
| 8 September 2020 | 16 September 2020 | $0.8122 | 100% |
| 8 December 2020 | 16 December 2020 | $0.8010 | 100% |
| 8 March 2021 | 16 March 2021 | $0.7792 | 100% |
| 8 June 2021 | 16 June 2021 | $0.8000 | 100% |
| 8 September 2021 | 16 September 2021 | $1.1398 | 0% |
| 8 December 2021 | 16 December 2021 | $1.1251 | 0% |
| 8 March 2022 | 16 March 2022 | $1.1256 | 0% |
| 8 June 2022 | 16 June 2022 | $1.1730 | 0% |
| 8 September 2022 | 16 September 2022 | $1.5735 | 0% |
| 8 December 2022 | 16 December 2022 | $1.8206 | 0% |
| 8 March 2023 | 16 March 2023 | $1.7461 | 20% |
| 8 June 2023 | 16 June 2023 | $1.8947 | 20% |
| 8 September 2023♱ | 18 September 2023 | $2.0435 | 20% |
| 8 December 2023♱ | 18 December 2023 | $1.9358 | 20% |
| 8 March 2024 | 18 March 2024 | $2.0351 | 20% |
| 7 June 2024 | 17 June 2024 | $2.0331 | 20% |
| 6 September 2024 | 16 September 2024 | $2.0371 | 20% |
| 6 December 2024 | 16 December 2024 | TBC | TBC |
* Subject to the solvency condition. If payment is due on a non-business day then the due date for the payment will be postponed to the first following business day.
** The final distribution rate may be higher or lower. The final rate will be updated on our website prior to payment.
*** The Franking Rate for the distribution period may be higher or lower depending on AMP's available Franking Credits.
♱ An internal process failure has resulted in the miscalculation of interest for this payment. The process failure has resulted in the payment period for each payment being understated by two days. A supplementary payment for this difference will be paid to eligible holders by 23 January 2024.
Related documents
| Description | Publish date |
|---|---|
| AMP capital notes 2 prospectus | 4 December 2019 |
| AMP capital notes 2 trust deed | 4 December 2019 |
Capital Notes 2 information line:
1300 654 442 Monday to Friday - 8.30am to 5.30pm (Sydney time)
