Alumina Limited (ASX: AWC) declares interim dividend of US$4.2 cents per share

On 23 August 2022, the ASX-listed resource company Alumina Limited (ASX: AWC) reported its results for the half-year to 30 June 2022.

During this period, the company’s statutory net profit after tax grew 128% to US$167.9 million compared to US$73.6 million in 2021. Alumina declared an interim, fully franked dividend of 4.2 US cents per share (cps). The company is expected to make the dividend distribution on 15 September 2022, while the ex-dividend date is 26 August.

Other highlights from the company’s 1H FY22 results include:

• EBITDA of US$836.1 million, up US$371.3 million compared to the previous corresponding period
• The margin for alumina refineries was US$94 per tonne, an increase of US$34 per tonne on pcp
• Net cash inflow of US$378.5 million, growth of US$156.0 million.

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