Old Mutual (LON:OMU) Shares Up 0.2% - Still a Buy?

Shares of Old Mutual Limited (LON:OMU - Get Free Report) traded up 0.2% during mid-day trading on Friday . The stock traded as high as GBX 45.48 ($0.60) and last traded at GBX 44.90 ($0.60). 544,629 shares traded hands during trading, an increase of 79% from the average session volume of 304,138 shares. The stock had previously closed at GBX 44.80 ($0.60).

Old Mutual Stock Performance

The company has a debt-to-equity ratio of 46.81, a current ratio of 0.70 and a quick ratio of 0.37. The company has a market capitalization of £45.33 billion, a PE ratio of 17.34 and a beta of 1.02. The stock has a 50-day simple moving average of GBX 46.85 and a 200 day simple moving average of GBX 51.81.

Old Mutual Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, May 7th. Investors of record on Thursday, April 10th will be paid a GBX 2.20 ($0.03) dividend. This represents a yield of 4.56%. This is a boost from Old Mutual's previous dividend of $1.47. The ex-dividend date of this dividend is Thursday, April 10th. Old Mutual's dividend payout ratio is presently 150.81%.

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.