Headline earnings fall for Amplats

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Headline earnings fall for Amplats
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Anglo American Platinum, the world’s biggest platinum producer, declared a R9bn final dividend in 2022 after headline earnings fell on softer metal prices and a decline in sales volumes.

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The world’s biggest platinum producer declared a R9bn final dividend in 2022 after headline earnings fell on softer metal prices and a decline in sales volumes. File photo.Anglo American Platinum , the world’s biggest platinum producer, declared a R9bn final dividend in 2022 after headline earnings fell on softer metal prices and a decline in sales volumes.

“The company’s dividend policy targets a payout ratio of 40% of headline earnings. In line with our disciplined capital allocation framework, supported by the strong balance sheet, the board has declared a second half cash dividend of R9bn, or R34 per share, to our shareholders,” said the group.

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