Old Mutual Limited (OMU) to Issue Dividend of GBX 2.04 on May 21st

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 boost from Old Mutual’s previous dividend of $1.38. The official announcement can be seen at this link.

Old Mutual Trading Down 1.4 %

Old Mutual stock opened at GBX 45.35 ($0.56) on Tuesday. 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 market capitalization of £2.17 billion, a price-to-earnings ratio of 753.33 and a beta of 0.99. The stock has a 50-day moving average price of GBX 49.20 and a 200 day moving average price of GBX 50.82. The company has a quick ratio of 0.37, a current ratio of 0.64 and a debt-to-equity ratio of 27.46.

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.