Old Mutual proceeds with final dividend despite R5.76bn loss

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Old Mutual trimmed final dividend by 53% to 35c per share to end-December 🔒

Old Mutual has proceeded with a final dividend to shareholders despite posting a R5.72bn total loss in the year to end-December 2020 as the impact of Covid-19 ravaged its business.

The financial services group’s net earned premiums declined moderately to R72.46bn in its fiscal year but it saw investment returns on its non-banking activities plummet 34% to R56.94bn...A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

 

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Old Mutual proceeds with final dividend despite R5.76bn lossThe financial services group is reeling from the impact of Covid-19 and a Nedbank impairment 🔒 EricWalker01 𝗶𝘀 𝘁𝗵𝗲 𝗯𝗲𝘀𝘁, 𝗵𝗲 𝗵𝗮𝘀 𝘁𝗵𝗲 𝗯𝗲𝘀𝘁 𝘁𝗿𝗮𝗱𝗶𝗻𝗴 𝘀𝗸𝗶𝗹𝗹𝘀. 𝗬𝗼𝘂 𝗰𝗮𝗻 𝗰𝗼𝗻𝘁𝗮𝗰𝘁 𝗵𝗶𝗺 ,𝗵𝗶𝘀 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝘆 𝗶𝘀 𝗼𝗻𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗯𝗲𝘀𝘁 𝘆𝗼𝘂 𝗰𝗮𝗻 𝘁𝗿𝘂𝘀𝘁 Couple of months ago I came across a recommendation about marksust6 wealth how he helped investors to earn lots of money with their investments. and I decided to give a trial with the little I have. Now my little has turned into something great which was not my expectation
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Old Mutual proceeds with final dividend even as it warns of third-wave riskFinancial services group confident in its financial position but expects pressure from slow vaccine rollout and looming winter When I was a newbie I really lost all my investment cause I was new and didn't meet the right account manager to invest with . I was at the verge of quitting till I was introduced to Mr Claw and my story changed. its worth a try I can testify on this platform CLAWLEACH0 For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to her LisateddyBTC Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️ I'm overwhelmed to testify that this company paid me...I don't believe it not until I had my first and second withdrawal with Rolandwolf123
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Old Mutual plots expansion in East and West AfricaThe financial services group plans to keep its SA business ‘fortress strong’ while growing market share It will end in tears EricWalker01 𝗶𝘀 𝘁𝗵𝗲 𝗯𝗲𝘀𝘁, 𝗵𝗲 𝗵𝗮𝘀 𝘁𝗵𝗲 𝗯𝗲𝘀𝘁 𝘁𝗿𝗮𝗱𝗶𝗻𝗴 𝘀𝗸𝗶𝗹𝗹𝘀. 𝗬𝗼𝘂 𝗰𝗮𝗻 𝗰𝗼𝗻𝘁𝗮𝗰𝘁 𝗵𝗶𝗺 ,𝗵𝗶𝘀 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝘆 𝗶𝘀 𝗼𝗻𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗯𝗲𝘀𝘁 𝘆𝗼𝘂 𝗰𝗮𝗻 𝘁𝗿𝘂𝘀𝘁 So many bitcon traders on Twitter are trickster Amelimarkdonal thank you for opening my eyes to their ways now I’m pretty sure I’ll be able to help others
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