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Pin to quick picksAnglo American Share News (AAL)

Share Price Information for Anglo American (AAL)

London Stock Exchange
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Share Price: 2,764.50
Bid: 2,766.00
Ask: 2,771.50
Change: 103.00 (3.87%)
Spread: 5.50 (0.199%)
Open: 2,750.00
High: 2,767.50
Low: 2,750.00
Prev. Close: 2,661.50
AAL Live PriceLast checked at -

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Anglo American slashes dividend after first-half earnings fall 28%

Thu, 28th Jul 2022 07:09

LONDON, July 28 (Reuters) - Global miner Anglo American slashed payouts to shareholders after earnings for its first half fell 28% due to lower production and higher costs.

Anglo joins rival miners Rio Tinto, and Freeport-McMoRan in reporting a profit slump, partly blaming a tight labour market, supplychain snags and inflationary pressures.

Anglo declared an interim dividend of $1.24 per share, down 27% from last year's $1.71 per share payout. (Reporting by Clara Denina and Helen Reid; editing by Jason Neely)

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(Correcting error in article lede.)

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