Old Mutual plc (LON:OML) announced a dividend on Thursday, August 11th. Investors of record on Thursday, September 22nd will be paid a dividend of GBX 2.67 ($0.03) per share on Friday, October 28th. This represents a yield of 1.23%. The ex-dividend date of this dividend is Thursday, September 22nd. The official announcement can be accessed at this link.

Several equities research analysts recently weighed in on the company. Goldman Sachs Group Inc. reissued a “neutral” rating and issued a GBX 208 ($2.72) price objective on shares of Old Mutual plc in a report on Wednesday, June 1st. Beaufort Securities reissued a “buy” rating on shares of Old Mutual plc in a report on Friday, August 12th. Shore Capital reissued a “buy” rating on shares of Old Mutual plc in a report on Thursday, August 11th. Finally, Barclays PLC lifted their price objective on Old Mutual plc from GBX 220 ($2.87) to GBX 230 ($3.00) and gave the stock an “overweight” rating in a report on Wednesday, June 29th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of GBX 199.97 ($2.61).

Shares of Old Mutual plc (LON:OML) opened at 194.50 on Wednesday. The stock’s 50 day moving average price is GBX 203.49 and its 200-day moving average price is GBX 191.89. Old Mutual plc has a 12 month low of GBX 148.07 and a 12 month high of GBX 225.61. The company’s market cap is GBX 9.11 billion.

About Old Mutual plc

Old Mutual plc is a United Kingdom-based holding company. The Company’s business activities include life assurance, asset management business, banking, and property and casualty The Company’s segments include Emerging Markets, Nedbank, Old Mutual Wealth and Institutional Asset Management. The Other segment includes central activities.

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