Finance > Profit-loss

Antofagasta pays out bumper dividend

Antofagasta (LN:ANTO) had a strong financial year in 2017, joining other large miners in paying out a dividend much higher than its minimum payout policy.

Finance > Profit-loss

Antofagasta pays out bumper dividend

Antofagasta (LN:ANTO) had a strong financial year in 2017, joining other large miners in paying out a dividend much higher than its minimum payout policy.

Antofagasta pays out bumper dividend

Antofagasta is in mediation talks with unions to try avoid a strike at the Los Pelambres mine in Chile

The miner declared a final dividend of US$0.406 per share, bringing the total dividend for the year to $0.509/share, up 176.6% year-on-year and amounting to 67% of the company's underlying net earnings per share. Its minimum payout policy is 35%.