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Sylvania dishes out windfall dividend

South Africa-focused Sylvania Platinum has declared a one-off windfall dividend of 3.75p per share, buoyed by rising profits as PGM prices strengthened over the second half of 2020.

Sylvania dishes out windfall dividend Sylvania dishes out windfall dividend Sylvania dishes out windfall dividend Sylvania dishes out windfall dividend Sylvania dishes out windfall dividend

Sylvania Platinum's Doornbosch operations in South Africa

Sylvania, whose core business is retreating PGM-bearing chrome tailings, saw net profit rise 70% year-on-year to US$40.5 million from July to December despite a 9% drop in production.

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