Amplats FY profit surges on higher prices, improved ops

Amplats has declared a final payout of R7.51 which is more than double last year's amount and brings the total for the year to R11.25. This comes as Amplats changes its dividend payout ratio from 30% to 40% of headline earnings. A decision CEO Chris Griffiths says was made due to the group's strong balance sheet and greater confidence in the underlying cash generating capabilities of the business.