Latest news with #OldMutualLimited
IOL News
6 days ago
- Business
- IOL News
Old Mutual takes B20 to the people
At a time when the voices of ordinary citizens matter the most, Old Mutual is championing inclusive dialogue through its Add Your Voice campaign, an initiative designed to bridge the gap between global policy discussions and everyday South Africans. Central to this effort is the People's Podium, a platform that invites citizens from diverse backgrounds to share their perspectives on critical economic and social issues, ensuring their voices are heard in shaping a more equitable future. Borne out of a desire to encourage active citizenship during South Africa's G20 Presidency, the Add Your Voice campaign endeavours to promote inclusive dialogue, leading to inclusive growth. 'Guided by B20 South Africa's theme of inclusive growth and prosperity through global cooperation, we want to host and participate in discussions that address some of the world's leading economic challenges. The result is policy recommendations that are not only actionable but reflect the values of collaboration and inclusivity,' said Celiwe Ross, Director for Group Strategy, Sustainability, People and Public Affairs at Old Mutual Limited. The multi-channel, digitally led campaign coincides with and builds on Old Mutual's partnership with the B20 Summit. As part of the partnership, several members of the Old Mutual team will help guide discussions across four of the eight B20 task forces, ensuring that the talks feature localised input and perspectives. Envisioned as an open space that invites and champions the input of every South African, Add Your Voice gives people the chance to engage with B20 via popular social media platforms, supported by other channels to amplify as many voices as possible. People can share their experiences, both social and economic, their views on national policy and objectives, and their overall thoughts on how the country and leaders can best achieve them. At the heart of Old Mutual's Add Your Voice campaign is The People's Podium, which South Africans can engage with through relevant channels. The podium enables citizens to share their personal aspirations and definitions of progress, thoughts on how to combat the nation's systemic challenges, and visualise their economic future. 'The People's Podium is an explicit response to the need to bridge the gap between people and policy, eliminating the disconnect that many South Africans feel towards policy decision-making. Big, meaningful conversations are never and should never be limited to boardrooms or the corridors of power. We have an opportunity to hear directly from South Africans on what matters most to them,' Ross explained. The campaign will also feature a wide range of content that aims to amplify voices, educate audiences, simplify complex information, offer expert insights and position Old Mutual as an information bridge between ordinary South Africans and the B20 proceedings. 'Policy is not always discussed and shared in an accessible way, using terms and overarching ideas that do not connect or even resonate with people's lived realities. By demystifying economic policy and gathering citizen input, we're not just facilitating public engagement, but empowering people to have a say in how we put South Africa on the right path to transformation,' Ross explained. Add Your Voice is a rallying call for South Africans to rise up and be heard. Old Mutual encourages everyone to be on the lookout for campaign material and activations and get ready to share their ideas, thoughts and aspirations as we forge our future together.
Yahoo
02-05-2025
- Business
- Yahoo
Those who invested in Old Mutual (JSE:OMU) five years ago are up 34%
Ideally, your overall portfolio should beat the market average. But in any portfolio, there will be mixed results between individual stocks. So we wouldn't blame long term Old Mutual Limited (JSE:OMU) shareholders for doubting their decision to hold, with the stock down 15% over a half decade. With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. Looking back five years, both Old Mutual's share price and EPS declined; the latter at a rate of 2.7% per year. Notably, the share price has fallen at 3% per year, fairly close to the change in the EPS. This implies that the market has had a fairly steady view of the stock. Rather, the share price has approximately tracked EPS growth. The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers). It's probably worth noting that the CEO is paid less than the median at similar sized companies. But while CEO remuneration is always worth checking, the really important question is whether the company can grow earnings going forward. Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here.. When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. In the case of Old Mutual, it has a TSR of 34% for the last 5 years. That exceeds its share price return that we previously mentioned. And there's no prize for guessing that the dividend payments largely explain the divergence! Old Mutual shareholders gained a total return of 11% during the year. But that return falls short of the market. On the bright side, that's still a gain, and it's actually better than the average return of 6% over half a decade This suggests the company might be improving over time. It's always interesting to track share price performance over the longer term. But to understand Old Mutual better, we need to consider many other factors. To that end, you should be aware of the 1 warning sign we've spotted with Old Mutual . We will like Old Mutual better if we see some big insider buys. While we wait, check out this free list of undervalued stocks (mostly small caps) with considerable, recent, insider buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on South African exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
05-04-2025
- Business
- Yahoo
Should Income Investors Look At Old Mutual Limited (JSE:OMU) Before Its Ex-Dividend?
Old Mutual Limited (JSE:OMU) is about to trade ex-dividend in the next 3 days. The ex-dividend date is usually set to be two business days before the record date, which is the cut-off date on which you must be present on the company's books as a shareholder in order to receive the dividend. The ex-dividend date is important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. Meaning, you will need to purchase Old Mutual's shares before the 9th of April to receive the dividend, which will be paid on the 14th of April. The company's upcoming dividend is R00.52 a share, following on from the last 12 months, when the company distributed a total of R0.86 per share to shareholders. Looking at the last 12 months of distributions, Old Mutual has a trailing yield of approximately 8.4% on its current stock price of R010.25. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. As a result, readers should always check whether Old Mutual has been able to grow its dividends, or if the dividend might be cut. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Dividends are usually paid out of company profits, so if a company pays out more than it earned then its dividend is usually at greater risk of being cut. Old Mutual paid out a comfortable 49% of its profit last year. Companies that pay out less in dividends than they earn in profits generally have more sustainable dividends. The lower the payout ratio, the more wiggle room the business has before it could be forced to cut the dividend. See our latest analysis for Old Mutual Click here to see the company's payout ratio, plus analyst estimates of its future dividends. When earnings decline, dividend companies become much harder to analyse and own safely. Investors love dividends, so if earnings fall and the dividend is reduced, expect a stock to be sold off heavily at the same time. So we're not too excited that Old Mutual's earnings are down 2.7% a year over the past five years. Many investors will assess a company's dividend performance by evaluating how much the dividend payments have changed over time. Old Mutual's dividend payments per share have declined at 5.1% per year on average over the past 10 years, which is uninspiring. While it's not great that earnings and dividends per share have fallen in recent years, we're encouraged by the fact that management has trimmed the dividend rather than risk over-committing the company in a risky attempt to maintain yields to shareholders. Should investors buy Old Mutual for the upcoming dividend? Old Mutual's earnings per share are down over the past five years, although it has the cushion of a low payout ratio, which would suggest a cut to the dividend is relatively unlikely. We're unconvinced on the company's merits, and think there might be better opportunities out there. With that being said, if dividends aren't your biggest concern with Old Mutual, you should know about the other risks facing this business. Case in point: We've spotted 1 warning sign for Old Mutual you should be aware of. A common investing mistake is buying the first interesting stock you see. Here you can find a full list of high-yield dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
