Kumba posts lower earnings, dividend as steel demand weakened in 2024

Anglo American subsidiary Kumba Iron Ore has reported a 17% lower total dividend for the year ended December 31, on the back of steel market and iron-ore pricing dynamics. The company’s total dividend of R38.67 compares with a total dividend of R46.80 declared in the prior year.

Feb 18, 2025 - 15:34
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Kumba posts lower earnings, dividend as steel demand weakened in 2024
Anglo American subsidiary Kumba Iron Ore has reported a 17% lower total dividend for the year ended December 31, on the back of steel market and iron-ore pricing dynamics. The company’s total dividend of R38.67 compares with a total dividend of R46.80 declared in the prior year.