Valterra Platinum dividend exceeds estimates as profits soar on rising metal prices

2026-02-25 03:06:04 ET

• Valterra Platinum ( ANGPY ) announced a dividend that far exceeded analyst expectations, following a strong earnings jump last year driven by a rally in the metals it produces.
• The Johannesburg-listed miner announced a total payout to shareholders for 2025 of 45 rand ($2.83) per share, beating the average analyst estimate of 23.1 rand per share, Bloomberg reported. The company also said that its profit more than doubled to 15.4 billion rand.
• Valterra ( ANGPY ) declared a final dividend of 11.5 billion rand, or R43.00 per share, significantly above its dividend policy of paying out 40% of headline earnings. This brings total dividends for 2025 to R45.00 per share, representing 71% of headline earnings, comprising a R25.00 per share base dividend and a R20.00 per share special dividend.
• The company, which was demerged from Anglo American last year ( AAUKF ), reported headline earnings per share of 63.48 rand ($3.99) in the year ended December 2025, up from 32.05 rand the previous year.
• During 2025, the PGM dollar basket price increased 89% to finish the year at $2,562 per PGM ounce. Owing to the timing of the price and sales increases, the average realized dollar and rand basket prices for 2025 increased 26% and 22% year-on-year to $1,852 and R32,611 per PGM ounce, respectively, the miner said.