Old Mutual Limited (LON:OMU) to Issue Dividend Increase – GBX 2.20 Per Share

Old Mutual Limited (LON:OMU) announced a dividend on Tuesday, March 18th, DividendData.Co.Uk reports. Investors 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 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

OMU opened at GBX 50.70 ($0.66) on Thursday. The company has a fifty day moving average price of GBX 52.04 and a two-hundred day moving average price of GBX 54.23. The firm has a market capitalization of £49.96 billion, a PE ratio of 19.12 and a beta of 1.02. Old Mutual has a 52 week low of GBX 41.55 ($0.54) and a 52 week high of GBX 61.50 ($0.80). The company has a debt-to-equity ratio of 46.81, a quick ratio of 0.37 and a current ratio of 0.70.

Old Mutual Company Profile

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.