Old Mutual Limited (LON:OMU) Increases Dividend to GBX 2.58 Per Share

Old Mutual Limited (LON:OMUGet Rating) declared a dividend on Tuesday, March 15th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, April 14th will be paid a dividend of GBX 2.58 ($0.03) per share on Monday, May 23rd. This represents a yield of 3.6%. The ex-dividend date of this dividend is Thursday, April 14th. This is an increase from Old Mutual’s previous dividend of $1.25. The official announcement can be viewed at this link.

Shares of LON:OMU opened at GBX 70.90 ($0.92) on Tuesday. Old Mutual has a 12-month low of GBX 54.75 ($0.71) and a 12-month high of GBX 84.80 ($1.11). The firm has a market capitalization of £3.34 billion and a P/E ratio of 9.16. The firm has a 50 day moving average of GBX 67.26. The company has a debt-to-equity ratio of 76.31, a current ratio of 0.38 and a quick ratio of 0.31.

Separately, Barclays reaffirmed an “overweight” rating and set a GBX 81 ($1.06) target price on shares of Old Mutual in a research note on Friday, March 11th.

About Old Mutual (Get Rating)

Old Mutual Limited, through 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 Rest of Africa segments.

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Dividend History for Old Mutual (LON:OMU)

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