Old Mutual (LON:OMU) Hits New 52-Week Low at $42.26

Old Mutual Limited (LON:OMU)’s stock price reached a new 52-week low 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 Up 0.7 %

The company has a debt-to-equity ratio of 27.46, a current ratio of 0.64 and a quick ratio of 0.37. The business’s 50-day moving average price is GBX 48.66 and its two-hundred day moving average price is GBX 50.61. The firm has a market cap of £2.06 billion, a price-to-earnings ratio of 715.83 and a beta of 0.99.

Old Mutual Increases Dividend

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

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.