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Old Mutual Limited (LON:OMU) Increases Dividend to GBX 2.20 Per Share

Old Mutual logo with Financial Services background
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Old Mutual Limited (LON:OMU - Get Free Report) announced 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 of this dividend is Thursday, April 10th. This is a 49.9% increase from Old Mutual's previous dividend of $1.47. The official announcement can be accessed at this link.

Old Mutual Price Performance

Shares of LON OMU traded down GBX 2.30 ($0.03) during midday trading on Friday, reaching GBX 48.10 ($0.62). The stock had a trading volume of 423,319 shares, compared to its average volume of 232,494. The company has a debt-to-equity ratio of 46.81, a quick ratio of 0.37 and a current ratio of 0.70. The stock has a 50-day moving average of GBX 51.88 and a 200-day moving average of GBX 54.17. Old Mutual has a 12-month low of GBX 41.55 ($0.54) and a 12-month high of GBX 61.50 ($0.79). The company has a market capitalization of £47.40 billion, a price-to-earnings ratio of 18.13 and a beta of 1.02.

About Old Mutual

(Get Free Report)

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.

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Dividend History for Old Mutual (LON:OMU)

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