Dividend informationView the latest dividend declaration,
our dividend policy and tax considerations here.
          Old Mutual Dividend DeclarationThe Board of directors has approved and declared a final dividend of 35 cents per ordinary share. The final dividend of 35 cents per share, results in a dividend cover of 1.50 times by Adjusted Headline Earnings for the 2020 year which is in line with Old Mutual Limited’s dividend cover target range of 1.50 times to 2.00 times. The final dividend will be paid out of distributable reserves and is payable on 24 May 2021 to all ordinary shareholders recorded on the record date.

          Shareholders on the London, Malawian, Namibian and Zimbabwean registers will be paid in the local currency equivalents of the final dividends.

          Old Mutual Limited’s income tax number is 9267358233. The number of ordinary shares in issue in the company’s share register at the date of declaration is 4,708,553,649. 

          Dividend by country

          Local currency equivalents of dividend

          Dividend Policy

          The Directors will target full year ordinary dividends that are covered by Adjusted Headline Earnings between 1.50 and 2.00 times. The Directors will target an interim dividend at a level of 40% of the current year interim Adjusted Headline Earnings. Any dividends will take into account the Company’s underlying cash generation, fungibility of earnings, targeted liquidity and solvency levels, business strategy needs and market conditions at the time. Given the profile of earnings and above considerations, it is anticipated that the dividend cover may vary between reporting periods and dividends will be set using the full flexibility of the range.

          The Company will declare dividends in South African Rand (ZAR). Conversion rates for non-South African Shareholders will be communicated before dividends are paid. The Company may revise its dividend policy from time to time.



          Dividend Tax Considerations

          South Africa levies a 20% dividend withholding tax on dividends paid to shareholders unless they are exempt from dividend tax.

          Shareholders that are tax resident in jurisdictions other than South Africa may qualify for a reduced rate under a double taxation agreement with South Africa.

          To apply for this reduced rate, non-SA taxpayers should complete and submit a declaration form to the respective registrars for the jurisdiction on which register you hold the relevant shares. View details of the registrars on our Shareholders Centre page. Please do not send the forms to Old Mutual.

          For any queries relating to your dividend tax please consult a financial adviser.

          Dividend tax declaration form

          Dividend Calculator

          Calculate your dividend payment
          This calculator is for illustrative purposes only. It calculates the gross dividend and does not consider any taxation implications per the country or region you reside in. Old Mutual shall not be responsible and disclaims all liability for any loss, liability, damage (whether direct or consequential) or expense of any nature whatsoever which may be suffered as a result of or which may be attributable, directly or indirectly, to the use of or reliance upon any information, links or service provided through this calculator.
          Dividend History
          Dividend
          Per share
          Exchange rate announcement date
          Record date
          Payment date

          Final 2020

          R0.35

          29 March 2021

          16 April 2021

          24 May 2021

          Final 2019

          R0.75

          23 March 2020

          03 April 2020

          04 May 2020

          Interim 2019

          R0.45

          10 September 2019

          20 September 2019

          14 October 2019

          Final 2018

          R0.72

          18 March 2019

          29 March 2019

          29 April 2019

          Special 2018

          R1.00

          11 September 2018

          21 September 2018

          16 October 2018

          Interim 2018

          R0.45

          11 September 2018

          21 September 2018

          16 October 2018

          Final 2020

          Details

          Final 2019

          Details

          Interim 2019

          Details

          Final 2018

          Details

          Special 2018

          Details

          Interim 2018

          Details

          Per share

          R0.35

          Exchange rate

          29 March 2021

          Record date

          16 April 2021

          Payment date

          24 May 2021

          Per share

          R0.75

          Exchange rate

          23 March 2020

          Record date

          03 April 2020

          Payment date

          04 May 2020

          Per share

          R0.45

          Exchange rate

          10 September 2019

          Record date

          20 September 2019

          Payment date

          14 October 2019

          Per share

          R0.72

          Exchange rate

          18 March 2019

          Record date

          29 March 2019

          Payment date

          29 April 2019

          Per share

          R1.00

          Exchange rate

          11 September 2018

          Record date

          21 September 2018

          Payment date

          16 October 2018

          Per share

          R0.45

          Exchange rate

          11 September 2018

          Record date

          21 September 2018

          Payment date

          16 October 2018

            Old Mutual Limited (OML) is a licensed Controlling Company of the Designated Old Mutual Limited Insurance Group. Registration number 2017/235138/06. Entities in the Group are Licensed Financial Services Providers and Insurers that offer a broad spectrum of financial solutions to retail and corporate customers across key markets in 14 countries
              Old Mutual Share Price




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