Valterra Soars as Dividend Surprises After Platinum Rally
A platinum rich rock layer in South Africa.
Photographer: Waldo Swiegers/Bloomberg
Valterra Platinum Ltd.’s shares rallied after the miner declared a dividend that smashed analyst expectations as earnings jumped last year on soaring metals prices.
The former Anglo American Plc subsidiary announced a total 2025 payout of 12 billion rand ($757 million), or 45 rand a share, beating the average estimate of 23.1 rand a share. Net income more than doubled to 15.4 billion rand.