Harmony Gold Doubles Interim Dividend as Gold Prices Drive Earnings Higher
By Adam Whittaker
Harmony Gold will deliver a bumper interim dividend as higher gold prices helped offset a fall in production.
The miner said Wednesday that it will pay a record interim dividend for the first half of its fiscal year ended Dec. 31 of 32 cents a share, up from 12 cents in the same period the year prior.
This came as a 36% rise in its average gold price helped drive group revenue 20% higher to $2.56 billion.
Basic earnings per share jumped nearly a quarter to 90 cents, while headline earnings per share came in at 82 cents from 71 cents previously.
The higher gold price helped offset a 9% fall in gold production. The lower production also helped drive all-in sustaining costs 21% higher to $2,115 an ounce.
The group kept its full-year gold production and cost guidance for its fiscal year 2026 unchanged.
Write to Adam Whittaker at adam.whittaker@wsj.com
(END) Dow Jones Newswires
March 11, 2026 02:45 ET (06:45 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
The 10 Best Companies to Invest in Now
14 Elite Funds and ETFs, and 5 Popular Funds That Just Missed the Mark
The Top Funds for a Simpler Retirement Portfolio
3 Stocks to Sell and 3 Stocks to Buy for October
