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

Old Mutual Limited (LON:OMU) announced a dividend on Tuesday, March 18th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 10th will be given 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 accessed at this link.

Old Mutual Price Performance

LON:OMU opened at GBX 40.30 ($0.51) on Tuesday. The stock has a market capitalization of £39.71 billion, a PE ratio of 15.19 and a beta of 1.02. Old Mutual has a 52 week low of GBX 38.54 ($0.49) and a 52 week high of GBX 61.50 ($0.78). The company has a quick ratio of 0.37, a current ratio of 0.70 and a debt-to-equity ratio of 46.81. The stock’s 50-day moving average price is GBX 51.01 and its 200-day moving average price is GBX 53.69.

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.