Mining Stocks Shower Shareholders With Record Dividends, But Growth Bets Diverge

Mining stocks have delivered the biggest surprise of earnings season, showering shareholders with dividends that crushed even the rosiest forecasts. But while the sector is paying out big, some miners are already betting on growth over income.

The Number That Matters

5% — the margin by which mining sector dividends beat market expectations this earnings season, according to MST Marquee. Across the ASX 200, overall payouts were 2% above forecasts, setting the stage for even bigger...