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How does the dividend for AMP (ASX:AMP) shares compare to the financial services sector?

How does the dividend for AMP (ASX:AMP) shares compare to the financial services sector? Will there be a dividend declared by the Aussie financials group in 2021? Ken is a big believer in the power of dividends in building a strong financial future. He has a keen interest in economics and the power of markets in driving change in the world. In his spare time he loves to meet new people, watch sports and help others build their best financial future! You can view Ken s holdings here. Latest posts by Ken Hall (see all) | Image source: Getty Images AMP Ltd (ASX: AMP) shares appear to be under the pump right now. Shares in the Aussie financial services group are down 30.1% year-to-date and 81.2% in the last 5 years.

ANZ secures $1 5bn Capital Notes 6 offer

ANZ secures $1 5bn Capital Notes 6 offer
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HSF Advises Joint Lead Managers on ANZ s A$1 5 billion Capital Notes 6 Offer

Date Time HSF Advises Joint Lead Managers on ANZ’s A$1.5 billion Capital Notes 6 Offer Herbert Smith Freehills has advised the Joint Lead Managers of Australia and New Zealand Banking Group Limited’s (ANZ) offer of ANZ Capital Notes 6 (Notes). The offer also involved a reinvestment offer under which holders of ANZ Capital Notes 1 were able to apply to sell some or all of their ANZ Capital Notes 1 and reinvest the proceeds in the Notes or receive cash. The Notes are fully paid, convertible, perpetual, unsecured, subordinated notes issued by ANZ. The Notes will constitute Additional Tier 1 Capital under APRA standards. The proceeds from the issue will be used to refinance the ANZ Capital Notes 1 and for general corporate purposes.

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