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As Diamonds Lose Their Shine, Anglo American Cuts Dividend

Anglo American posted $3.7B loss due to De Beers diamonds business. It declared 23 cents/share dividend, down 64%.

The latest impairment at De Beers brought total writedowns to $6.8 billion over the past year. Despite 2% higher earnings from operations, the non-cash charge pushed the group into the red and forced a reset of shareholder returns.
Anglo declared a d… [2181 chars]

Source: Benzinga | Published: 2026-02-23T11:43:05Z

Credit: Benzinga

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