{"id":8069,"date":"2012-02-17T14:08:15","date_gmt":"2012-02-17T12:08:15","guid":{"rendered":"http:\/\/www.myza.co.za\/02\/update-3-anglo-american-dashes-special-dividend-hopes\/"},"modified":"2012-02-17T14:08:15","modified_gmt":"2012-02-17T12:08:15","slug":"update-3-anglo-american-dashes-special-dividend-hopes","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/update-3-anglo-american-dashes-special-dividend-hopes\/","title":{"rendered":"UPDATE 3-Anglo American dashes special dividend hopes"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Focus on project growth, sees $98 bln spend to double<br \/>\nproduction<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Reports 2011 op profit of $11.1 bln vs $9.76 bln year-ago<\/p>\n<p><span><\/span><\/p>\n<p>* 2011 underlying EPS $5.06 vs forecast $4.78, $4.13<br \/>\nyear-ago<\/p>\n<p><span><\/span><\/p>\n<p>* Dividend up 14 pct to 74 cents a share<\/p>\n<p><span><\/span><\/p>\n<p>* Shares up 1.3 percent<\/p>\n<p><span><\/span><\/p>\n<p>By Clara Ferreira-Marques<\/p>\n<p><span><\/span><\/p>\n<p>LONDON, Feb 17 (Reuters) &#8211; Global miner Anglo American<br \/>\n dashed hopes that it would use cash generated in South<br \/>\nAfrica to offer a special dividend, instead sweetening its<br \/>\nregular payout on the back of a 14 percent rise in full-year<br \/>\nprofit.<\/p>\n<p><span><\/span><\/p>\n<p>Record operating profit from iron ore, its largest division,<br \/>\nand record income from coal helped offset a drop in copper,<br \/>\nwhere higher prices at the start of the year were not enough to<br \/>\noffset disappointing production and escalating costs.<\/p>\n<p><span><\/span><\/p>\n<p>The miner, which forecast continued short term economic<br \/>\nuncertainty, posted an operating profit of $11.1 billion for<br \/>\n2011, broadly in line with a market forecast of $11.2 billion.<br \/>\nUnderlying earnings per share jumped 23 percent to $5.06.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Focus on project growth, sees $98 bln spend to double production * Reports 2011 op profit of $11.1 bln vs $9.76 bln year-ago * 2011 underlying EPS $5.06 vs forecast $4.78, $4.13 year-ago * Dividend up 14 pct to 74 cents a share * Shares up 1.3 percent By Clara Ferreira-Marques LONDON, Feb 17 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-8069","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8069","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=8069"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8069\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=8069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=8069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=8069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}