Home Old Mutual withholds half-year dividend amid COVID-19 uncertainties Old Mutual withholds half-year dividend amid COVID-19 uncertainties

Old Mutual withholds half-year dividend amid COVID-19 uncertainties

Insurer Old Mutual has reported that it’s withdrawn its half year dividend and will look at the possibility of a full year dividend once the economy’s recovery path is clearer. Adjusted headline earnings per share declined by 66 per cent driven by lower new business sales volumes