Old Mutual CEO explains decision to pay dividend despite COVID-19 challenges

Old Mutual is the latest insurance company to release their results. The company’s headline earnings took a knock of 51 per cent due to the drop in sales during the Covid-19 Pandemic. But they still declared a dividend of 35 cents per ordinary share. This is despite the prediction of a 3rd and 4th Covid-19 wave. Old Mutual CEO, Iain Williamson joins CNBC Africa for more.

Tue, 23 Mar 2021 11:12:29 GMT
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