Old Mutual (LON:OMU) Hits New 1-Year Low at $42.26

Old Mutual Limited (LON:OMU)’s share price reached a new 52-week low during trading on Thursday . The company traded as low as GBX 42.26 ($0.53) and last traded at GBX 42.40 ($0.53), with a volume of 661501 shares changing hands. The stock had previously closed at GBX 45.05 ($0.56).

Old Mutual Trading Down 5.1 %

The company has a quick ratio of 0.37, a current ratio of 0.64 and a debt-to-equity ratio of 27.46. The business has a fifty day simple moving average of GBX 48.95 and a 200 day simple moving average of GBX 50.73. The company has a market cap of £2.05 billion, a price-to-earnings ratio of 750.83 and a beta of 0.99.

Old Mutual Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, May 21st. Investors of record on Thursday, April 18th will be given a GBX 2.04 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, April 18th. This is a positive change from Old Mutual’s previous dividend of $1.38. This represents a dividend yield of 4.18%. Old Mutual’s payout ratio is currently 6,666.67%.

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.