Old Mutual (LON:OMU) Trading 0.2% Higher - What's Next?

Old Mutual Limited (LON:OMU - Get Free Report) was up 0.2% during mid-day trading on Friday . The company traded as high as GBX 45.48 ($0.61) and last traded at GBX 44.90 ($0.60). Approximately 544,629 shares changed hands during mid-day trading, an increase of 79% from the average daily volume of 304,138 shares. The stock had previously closed at GBX 44.80 ($0.60).

Old Mutual Stock Performance

The company has a quick ratio of 0.37, a current ratio of 0.70 and a debt-to-equity ratio of 46.81. The stock has a 50 day simple moving average of GBX 47.17 and a 200 day simple moving average of GBX 51.93. The company has a market capitalization of £44.93 billion, a price-to-earnings ratio of 17.19 and a beta of 1.02.

Old Mutual Increases Dividend

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

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.