Sylvania Platinum has declared its first interim dividend of 3p per Ordinary Share

DividendMax Ltd.

Sylvania Platinum has declared its first interim dividend of 3p per Ordinary Share

The Sylvania Platinum Board has declared its first interim dividend of 3p per Ordinary Share, payable on 6 April 2023. Payment of the interim dividend will be made to shareholders on the register at the close of business on 3 March 2023 and the ex-dividend date is 2 March 2023.

Other financial highlights include:

  • Net revenue generated for the period totalled $79.9 million (HY1 FY2022: $69.1 million);
  • Group EBITDA of $45.6 million (HY1 FY2022: $36.2 million);
  • Net profit of $32.6 million (HY1 FY2022: $24.4 million);
  • Cash balance at 31 December 2022 of $123.9 million (HY1 FY2022: $110.1 million);
  • Bought back 1,085,000 ordinary $0.01 shares ("Ordinary Shares") from employees, all transferred to Treasury;
  • Cancelled 1,155,657 Ordinary Shares held in Treasury.

Companies mentioned