Old Mutual Limited (LON:OMU) Declares Dividend Increase – GBX 2.04 Per Share

Old Mutual Limited (LON:OMU) announced a dividend on Wednesday, March 27th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, April 18th will be paid a dividend of GBX 2.04 ($0.03) per share on Tuesday, May 21st. This represents a yield of 4.18%. The ex-dividend date is Thursday, April 18th. This is a positive change from Old Mutual’s previous dividend of $1.38. The official announcement can be accessed at this link.

Old Mutual Trading Up 0.7 %

Shares of OMU stock opened at GBX 45.30 ($0.56) on Wednesday. Old Mutual has a 52-week low of GBX 42.90 ($0.53) and a 52-week high of GBX 58.30 ($0.73). The company has a debt-to-equity ratio of 27.46, a quick ratio of 0.37 and a current ratio of 0.64. The firm has a market capitalization of £2.17 billion, a PE ratio of 750.00 and a beta of 0.99. The stock has a fifty day simple moving average of GBX 49.07 and a two-hundred day simple moving average of GBX 50.77.

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.