Old Mutual Limited (LON:OMU) Announces Dividend of GBX 2.20

Old Mutual Limited (LON:OMU) declared a dividend on Tuesday, March 18th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 10th will be paid a dividend of GBX 2.20 ($0.03) per share on Wednesday, May 7th. This represents a dividend yield of 4.56%. The ex-dividend date is Thursday, April 10th. This is a 49.9% increase from Old Mutual’s previous dividend of $1.47. The official announcement can be viewed at this link.

Old Mutual Trading Down 0.5 %

Shares of LON OMU traded down GBX 0.25 ($0.00) during midday trading on Tuesday, reaching GBX 48.40 ($0.63). 645,609 shares of the stock were exchanged, compared to its average volume of 240,237. The business has a 50-day simple moving average of GBX 52.25 and a two-hundred day simple moving average of GBX 54.31. The company has a market capitalization of £47.69 billion, a price-to-earnings ratio of 18.25 and a beta of 1.02. Old Mutual has a 12 month low of GBX 41.55 ($0.54) and a 12 month high of GBX 61.50 ($0.80). The company has a debt-to-equity ratio of 46.81, a current ratio of 0.70 and a quick ratio of 0.37.

About Old Mutual

Old Mutual Limited, together with its subsidiaries, provides financial services primarily in South Africa and rest of Africa. The company operates through Mass and Foundation Cluster, Personal Finance and Wealth Management, Old Mutual Investments, Old Mutual Corporate, Old Mutual Insure, and Old Mutual Africa Regions segments.