Old Mutual to pay R3.5bn in dividends in May
The group has declared a final dividend of 75c per share for its year to end December
16 April 2020 - 15:02
Financial services group Old Mutual has said it will proceed with paying shareholders about R3.5bn in dividends on May 4.
Several JSE-listed counters have opted to cancel, reduce or delay dividend payments due to uncertainty over the Covid-19 pandemic. The Reserve Bank has also given guidance to SA banks to hold on to dividends in 2020 and cut bonuses to shore up their balance sheets...
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