Old Mutual Ltd stock (ZAE000117321): Dividend yield and earnings growth in focus

Old Mutual Ltd has reported a 13% increase in results from operations to R9.8 billion for the year ended 31 December 2025, underpinned by stronger performance in its wealth management and insurance segments, according to its 2025 annual report published via African Financials.African Financials as of 2025

At the same time, the group’s equity value per share rose 2% to R19.80, helped by solid business performance in Old Mutual Insure and Wealth Management, as outlined in the 2025 abridged report.African Financials as of 2025

As of: 10.05.2026

By the editorial team – specialized in equity coverage.

Old Mutual Ltd: core business model

Old Mutual Ltd operates as a diversified financial services group with activities spanning wealth management, asset management, insurance and banking?related services.Morningstar as of 2026

The company is organized into several operational clusters, including mass and foundation?oriented offerings, Personal Finance and Wealth Management, Old Mutual Investments, Old Mutual corporate, Old Mutual Insure, Old Mutual Africa Regions and other group activities, allowing it to serve both retail and institutional clients across multiple product lines.Morningstar as of 2026

This multi?segment structure helps Old Mutual diversify risk across different customer segments and geographies, while also creating cross?selling opportunities between savings, investment and protection products.Morningstar as of 2026

Main revenue and product drivers for Old Mutual Ltd

Old Mutual’s main revenue streams stem from wealth management and asset management fees, insurance premiums and banking?related lending and fee income.Morningstar as of 2026

The 13% year?on?year growth in results from operations to R9.8 billion for 2025 reflects higher underlying profitability in its wealth and insurance businesses, which have benefited from favorable market conditions and disciplined underwriting.African Financials as of 2025

Dividend?oriented investors may also note that Old Mutual pays a semi?annual dividend, with an annual payout of about £0.041 per share and a trailing yield of roughly 6.6% on its London?listed shares, according to StockAnalysis data.StockAnalysis as of 2025

Conclusion

Old Mutual Ltd combines insurance, wealth management and asset management activities in a diversified financial services group with a strong footprint in South Africa and other African markets.Morningstar as of 2026

Recent results show a 13% rise in results from operations to R9.8 billion for 2025 and a 2% increase in equity value per share to R19.80, which may appeal to investors seeking both income and long?term capital appreciation.African Financials as of 2025

However, the stock trades in a volatile emerging?market environment and is exposed to local currency and regulatory risks, so investors should weigh these factors alongside the dividend yield and earnings growth when assessing the position.Morningstar as of 2026

Disclaimer: This article does not constitute investment advice. Stocks are volatile financial instruments.