South Africa: Old Mutual Shareholders to Benefit From Second Dividend

International banking group, Old Mutual on Thursday reported growth in its earnings and has declared a second dividend for its shareholders, according to its financial results for the year ending December 31, 2016.

The group said on Thursday revenue grew to £3.8bn (R60.89bn) from R56bn reported in 2015. Operating profit was R27.24bn. However profit attributable to shareholders declined slightly from R9.8bn to R9.1bn.

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