Gold Fields Lifts Dividend After Higher Prices Drive Earnings Growth
By Adam Whittaker
Gold Fields lifted its dividend after record gold prices and increased production drove earnings higher.
The South African gold miner said Thursday that its full-year dividend would more than double to 25.5 South African rand ($1.59) a share after it declared a final dividend of 18.50 rand a share.
Gold Fields said it would also pay a special dividend of 4.50 rand, which will be coupled with a $100 million share buyback to take its full-year distributions to shareholders to 54% of its adjusted free cash flow.
Gold prices jumped to record levels last year as trade uncertainties triggered by President Trump's trade policies left investors seeking haven assets. Concerns over the independence of U.S. monetary policy added to the flight to safety.
The company said net profit for 2025 rose to $3.57 billion from $1.245 billion the year before. Group attributable gold-equivalent production increased 18% to 2.438 million ounces. Production came in at the upper end of its guided range, while costs were within the expected range, it said.
Write to Adam Whittaker at adam.whittaker@wsj.com
(END) Dow Jones Newswires
February 19, 2026 01:40 ET (06:40 GMT)
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