Old Mutual is a prominent financial services group with a rich history dating back to 1845, renowned for its strong stock performance. Operating in Africa, the UK, and other international markets, the company offers a wide range of financial solutions, including insurance, asset management, and investment services. Old Mutual is committed to helping people achieve their financial goals and secure their futures.
• Old Mutual announced a SemiAnnual dividend of $0.0256 per ordinary share which will be made payable on 2024-04-22. Ex dividend date: 2024-04-18
• Old Mutual annual dividend for 2023 was $0.83
• Old Mutual dividend growth for 2022 - 2023 was 9.21%
• Typically, Old Mutual pays dividends two times
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
18-04-2024 | $ 0.03 | SemiAnnual | 22-04-2024 |
19-10-2023 | $ 0.32 | SemiAnnual | 23-10-2023 |
13-04-2023 | $ 0.51 | SemiAnnual | 17-04-2023 |
22-09-2022 | $ 0.25 | SemiAnnual | 17-10-2022 |
18-04-2022 | $ 0.51 | SemiAnnual | 23-05-2022 |
16-09-2021 | $ 0.25 | SemiAnnual | 11-10-2021 |
15-04-2021 | $ 0.02 | Annual | 24-05-2021 |
14-04-2021 | $ 0.35 | -- | |
02-04-2020 | $ 0.75 | SemiAnnual | 04-05-2020 |
27-03-2019 | $ 0.05 | SemiAnnual | 29-04-2019 |
19-09-2018 | $ 0.07 | Other | 16-10-2018 |
Are you planning on buying Old Mutual? Calculate your expected dividend yield:
Old Mutual’s dividend policy is a pivotal aspect of its financial strategy, reflecting the company’s commitment to creating value for its shareholders. This South African-based financial services group has historically adopted a prudent and consistent dividend approach. It aims to distribute a portion of its profits to shareholders while retaining the rest for reinvestment in the business and safeguarding financial stability. This balanced approach aligns with the company’s long-term vision, ensuring sustainable growth and security for its investors. Old Mutual’s dividend policy is underpinned by a thorough assessment of its financial performance and economic conditions, providing shareholders with a reliable source of income and confidence in the company’s financial health.
Other factors to consider when evaluating Old Mutual as a dividend stock include its dividend yield, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company’s ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Old Mutual’s board of directors reviews the company’s financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Old Mutual publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Old Mutual distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder’s brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Old Mutual are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction’s tax regulations.
1. Record Date: Old Mutual sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Old Mutual distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder’s brokerage account or bank account.
3. Currency: Company-Name declares the currency in which the dividend will be paid. Depending on the shareholder’s location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Old Mutual’s dividend, it is crucial to analyze the company’s financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company’s future earnings, cash flow projections, and management’s commitment to dividend policies can provide valuable insights.
It is recommended to review Old Mutual’s financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company’s financial situation.