Impala Platinum boosts dividend after five-fold profit increase

March 5 (Reuters) - Impala Platinum IMPJ.J posted a five-fold increase in half-year profit on Thursday, driven by higher metal prices and helping the company boost its dividend payout.

The Johannesburg-based miner's headline earnings came in at 9.3 billion rand ($567.36 million) in the six months to December 31, up from 1.9 billion rand previously.

Impala declared an interim dividend of 4.10 rand per share, returning 3.7 billion rand to shareholders. The company skipped an interim dividend last year, but has restored payouts after a sustained rally in platinum group metal (PGM) prices.

Spot platinum XPT= more than doubled in 2025 and hit a record of more than $2,700 an ounce in late January, driven by tight supplies and rising investment demand for precious metals.

($1 = 16.3917 rand)