Rio Tinto increases its 2017 interim dividend by 144% in dollar terms. Despite this gain, the Rio Tinto share price remains down 25% from its 52-week high. Rio Tinto Stock Dips On Weak FY22 Results, Dividend Cut How much is Rio Tinto Group's annual dividend? . With the exception of the use of cookies, Rio Tinto generally does not seek to collect personal data through this website. Learn More. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. Email: [emailprotected] Dividend Stocks Crossing Above Their 200 DMA, 10 Rio Tinto Group (RIO) Stock Price, News, Quote & History - Yahoo Finance Finding better ways to provide the materials the world needs. This Service provides only general, and not personalised financial advice, and has not taken your personal circumstances into account. Sebastian Bowen. The chart below shows the historical price of Rio Tinto stock and a prediction chart for the next month. Its main products include Bauxite, Alumina, Copper, Gold, Molybdenum, Silver, Nickel, and Diamonds. Analysts' Current Least Favorites, 10 ETFs With Stocks That Dividend History & Calculator. According to a note out of Goldman Sachs, its analysts appear to believe FY 2021s US$10.40 per share fully franked dividend could be the near term peak. Our friendly customer service team will happily get back to you as soon as they can. Contact Details: The dividend is paid every six months and the last ex-dividend date was Mar 9, 2023. Dividend Yield 7.69% Annual Dividend $4.92 Ex-Dividend Date Mar 9, 2023 Payout Frequency Semi-Annual Payout Ratio 97.30% Dividend Growth -52.69% Dividend History Export Investing in dividend stocks is a preferred method for those looking to enjoy a passive income stream in retirement. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show and premium investing services. Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. You can do it. London SW1Y 4AD. May 1, 2023 | Should investors buy them? The content of this article was relevant at the time of publishing. Rio Tinto has a dividend yield of 7.69% and paid $4.92 per share in the past year. Rio Tinto has posted a 38% drop in profits for last year and more than halved its dividend after being hit by weaker demand from China.The world's second-largest miner said lockdown-hit China meant less need for steel in its economy, pushing weaker iron ore. Rio Tinto's underlying profit fell 38% to $13.28bn (11bn) in 2022, while revenue for 2022 fell 13% to $55.5bn. However, the payout is not expected to be as large as the one last year (which included some 'special' dividends). Part 1 of this Privacy Policy contains the Rio Tinto Data Privacy Standard, which provides an overview of Rio Tintos approach to personal data processing. A dividend may be partly or fully franked. It will pay a $4.3 billion dividend. T +44 20 7781 2000 Registered in England. Enter the number of Rio Tinto announce a $8.0 billion full-year dividend, equivalent to 492 US cents per share, The Rio Tintoannounce a $8.0 billion full-year dividend, equivalent to 492 US cents per share, Rio Tinto Plc have announced an interim ordinary dividend of 267 US cents per share. Fitch Affirms Rio Tinto at 'A'; Stable Outlook - Fitch Ratings The amount of dividends is $6.92 per share. Historical Annual Dividends Download Excel file Amount CAGR Yield (at avg price) '18 '19 '20 '21 '22 '23 580.79% 597.04% 667.65% 89.9% 10% 3.08% CAGR: 18.5% Dividend Payout History, Rio Tinto (RIO:LSE) 6.0000 5.0000 4.0000 3.0000 2.0000 1.0000 0.0000 Amount 800% 600% 400% 200% 0% Yield (at avg price) Previous / Next Dividends In GBP that's a dividend of almost 8.50 from . Tristan Harrison. Enter the number of May 1, 2023 | Because share price losses could potentially wipe out my gains from dividend income. That's almost twice the previous record dividend and it gives Rio Tinto (NYSE: RIO) a dividend yield of almost 17% at its current share price of $62. Circumstances change continuously and caution should therefore be exercised when relying upon any content contained within this article. in the S&P, Best Dividend Paying Stocks Analysts Our friendly customer service team will happily get back to you as soon as they can. RIO pays a dividend of $4.92 per share. The dividend yield is calculated by dividing the annual dividend payment by the prevailing share price, The table below shows the full dividend history for Rio Tinto plc. Fool and The Motley Fool are both trading names of The Motley Fool Ltd. Jon Smith explains why the old investing adage doesn't apply for passive income investors wanting to build long-term wealth. Alan Oscroft, Not got started with the new Stocks and Shares ISA allowance yet? How many times is the dividend covered by company income. Outside of reading and researching he spends many a late night watching the English Premier League and Seinfeld reruns. Optimistic: $62.77, An uptrend is forecast for this month with an optimal target price of $60.6154. Is the 149% Dividend for ZIM Integrated Shipping in Jeopardy? Dividends & taxation Rio Tinto Limited dividend imputation system, https://www.youtube.com/user/RioTintoVideos, https://www.linkedin.com/company/rio-tinto. The $US21.4 billion ($29.6 billion) of underlying earnings for 2021 was the biggest in Rio's 149-year history and enabled it to pay $US4.79 per share of final and special dividends. The Company's segments include Iron Ore, Aluminium, Copper & Diamonds, Energy & Minerals and Other Operations. Here, Im going to look at the Rio Tinto dividend forecast for 2022 and 2023. RIO TINTO PLC : Financial Data Forecasts Estimates and Expectations Investment news, stock ideas, and more, straight to your inbox. Dividends - Rio Tinto Currently, the dividend forecast for 2022 is $7.22 per share. Australian Financial Services Licence (AFSL): 400691, The Motley Fool Australia, PO Box 104, Isle of Capri, Qld 4217. Negative dynamics for Rio Tinto shares will prevail with possible volatility of 0.955%.Pessimistic target level: 64.60Optimistic target level: 65.23, Forecast target price for 05-07-2023: $65.24. Consider taking independent financial advice. TO MAKE THE WORLD Stocks listed on overseas exchanges may be subject to additional dealing and exchange rate charges, administrative costs, withholding taxes and different accounting and reporting standards. What is Rio Tinto's Ex-Dividend Date? DividendMax.com is owned and operated by DividendMax Ltd. Our premium tools have predicted Rio Tinto plc with 70% accuracy. If you require any personal advice or recommendations, please speak to an independent qualified financial adviser. We have a responsibility to extract the full value from the minerals and materials we produce in the safest and most sustainable way possible, Were targeting net zero emissions by 2050. Any opinions expressed are the opinions of the authors only. Meanwhile, the estimate for 2023 is $5.65 per share. Rio Tinto Group (NYSE: RIO) Down -10.77% This Year: What To Expect Next HSBC is expected to be the single biggest paying stock within the FTSE 100 in 2023, with Shell, British American Tobacco, Glencore and Rio Tinto next on the list. data provided by Zacks Investment Research via Quandl.com. 29 March 2022. Rio Tinto announces record financial results and total dividend of A look at the most popular share picks, Investing experts Russ Mould and Danni Hewson of AJ Bell expect these stock market events to guide UK investors in. 1 May, 2023 | Holders of American Depositary Shares are paid dividends, at the declared rate, in US dollars. This implies the company can still generate a 5% dividend yield at an ore price of US$75. These Cookies allow us to analyse site usage in order to evaluate and improve its performance. Rio Tinto Group, whose market valuation is $106.13 billion at the time of this writing. Nothing shall substitute for the independent investigations and sound judgement of our users. contact@marketbeat.com There is additional information in the appendices to the Data Privacy Standard, including information about disclosures, trans-border data transfers, the exercise of data subject rights and how to make complaints or obtain further information relating to Rio Tintos processing of your personal data. 10 Dividend Bargains You Can Buy Cheaper Than Insiders Did. Win at Retirement Socially Responsible Dividend Stocks, 10 Dividend Bargains You Can The Aluminium business includes bauxite mines, alumina refineries and aluminum smelters. Meanwhile, the estimate for 2023 is $5.65 per share. For the Rio Tinto Plc forecast (traded under symbol RIO) for one year forward price target at the top of this page, we have presented the average RIO forecast for forward target price across the 2 analysts covering RIO, as reported in Brokers are expecting these ASX shares to reward investors with big dividend yields. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Confirming its position as one of the big winners . The Motley Fool, Fool, and the Fool logo are registered trademarks of The Motley Fool Holdings Inc. Based in London, Edward is a freelance investment writer/analyst who has clients all over the world. Are you interested in Rio Tinto Group stocks and want to buy them, or are they already in your portfolio? It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands. The dividend is paid every six months and the last ex-dividend date was Mar 9, 2023. Mining giant Rio Tinto may be UK-based, but its operations make it truly a global company. Listen to Our Podcast Rio Tinto (RIO) stock Forecast for 2022 2026, This website uses cookies to ensure you get the best experience on our website. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Rio Tinto plc Share Price (RIO) Ordinary 10p | RIO - Hargreaves Lansdown Forward P/E uses projections of future earnings instead of final numbers. Before investing, your individual circumstances should be assessed. (Next month, 2023, 2024, 2025, 2026 and 2027) Find out more about how we use your personal data in our privacy policy and cookie policy. Rio Tinto Slashes Dividend as Profits Take a Hit; Shares Tumble Learn more. We forecast FCF after dividends to be negative over 2021-2022 and almost neutral from 2023. No liability is accepted by the author, The Motley Fool Ltd or Richdale Brokers and Financial Services Ltd for any loss or detriment experienced by any individual from any decision, whether consequent to, or in any way related to the content provided by The Motley Fool Ltd; the provision of which is an unregulated activity. Hargreaves Lansdown shares have a 5% dividend yield. Rio Tinto ADRs. Citi forecasts a full year FY24 dividend of 691.18 cents and EPS of . A cookie is a small file of letters and numbers that we store on your browser or the hard drive of your computer if you agree. May 2, 2023 | Edward Sheldon has positions in Diageo and Unilever. Rio declares record dividend worth $23.2b - Australian Financial Review At the same time, the company said it will now pay a base quarterly dividend of 14 cents per share, up from 10.5 cents. RIO's dividend payout ratio is 97.3%, which is not sustainable. After studying economics at university back home in the United Kingdom, James came to live in Australia and managed to land a job at an Australian fund manager. Tesla Continues to Defy Expectations, Is it Buyable Again? Ill also discuss whether Id buy this income stock for my portfolio today. The majority of earnings come from the base metal side of the group. Crossing Below Their 200 Day Moving Average, 10 At present, analysts expect Rio Tinto to continue paying big dividends this year and next. EBITDA is earnings before interest, income tax and depreciation of assets. It then expects this dividend to increase to US$5.12 (A$7.43) per share in FY 2023, giving investors a 7.6% yield. The Motley Fool Ltd. The annual dividend appears to be a factor 22 lower than the ore price averaged over one year. . Shareholders received an $8bn dividend, or $4.92 per share. For more information please see our Financial Services Guide. We expect net debt to remain at around USD5.5 billion-USD6.5 billion until 2023 and FFO gross leverage at below 1.0x. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Enter your email address below to receive the DividendStocks.com newsletter, a concise daily summary of stocks that are about to go ex-dividend as well as new dividend announcements. They also trade at a low valuation. The Company's Portfolio of assets is condensed into four product groups: Aluminium, Copper & Diamonds, Energy &Minerals and Iron Ore. Overview Research Company Financials Company Announcements Dividends RIO Tinto Ltd. RIO - DividendMax Final date for elections under the Rio Tinto plc and Rio Tinto Limited Dividend Reinvestment Plans and under facilities for dividends to be paid in alternative currency (GBP/AUD) 12 April 2022. Defense With a Side of Dividend: 3 Low-Risk Consumer Stocks, Dividend Prince Automatic Data Processing Hits Bottom, The Sherwin-Williams Companies On Pace For Robust Dividend Growth, 2 Industrial Strength Dividend Stocks Melting Up, Three S&P Energy Names with High Dividend Yields, 3 Dividend Stocks with a Yield Above 5% That Are on Sale Now, 3 Healthcare Dividend Payers With Big Price Growth, 3 Mid-Cap Dividend Stocks Having Themselves a Year, 65.26% based on the trailing year of earnings. All rights reserved. Payout ratio hits 79 per cent of underlying earnings with 417 final dividend. Phone: (03) 8592 4841 May 2, 2023 | The Company's business is finding, mining and processing mineral resources. Heres how this dividend stock could help you build a growing passive income stream. Income investors got some great news from Transurban this morning. Finally, with Goldman expecting iron ore prices to weaken in FY 2024, it is forecasting a dividend cut to US$6.78 (A$9.78) per share. Past performance is not necessarily indicative of future returns. Mrz 2021. The drive for innovation and continuous improvement is at the heart of our purpose, Climate change is at the heart of our business strategy, Iron ore is the primary raw material used to make steel, 7 things the world will need for a low-carbon future. Ten highest yields in 2023 Investors will have to look carefully at the list of the highest-yielding firms, as some of them have a track record of having to cut their dividend payments when times get tough. Learn more on RIO's dividend yield history. High-Yield Canadian Energy Stocks, 10 Canadian Stocks Crossing This announcement is authorised for release to the market by Rio Tinto's Group Company Secretary. Optimistic: $66.63. Our most intelligent mine yet is pioneering new mining technologies, A long-life, low-cost and low-carbon lithium source, The worlds largest untapped high-grade iron ore deposit. Learn More. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Trailing P/E depends on what has already been done. This is not what I want from an income stock. London Stock Exchange () RIO:L. Rio Tinto Limited. As well as big dividend yields, Goldman Sachs sees plenty of value in the Rio Tinto share price. When did Rio Tinto Group last increase or decrease its dividend? May 1, 2023 | By clicking this button, you agree to our, Heres the Rio Tinto dividend forecast through to 2026, Buy 16,900 shares in this top ASX dividend stock for $400 per month in passive income, Expect big yields from these buy-rated ASX dividend stocks: brokers, 5 things to watch on the ASX 200 on Tuesday. Past performance is not necessarily indicative of future returns. What is the future of Rio Tinto stock? Rio Tinto plc RIO - DividendMax The final and. Rio Tinto pays FTSE's second-largest dividend of $16.8bn as earnings Here's the Rio Tinto dividend forecast for 2022 and 2023 How To Buy Rio Tinto Shares - Forbes Advisor Australia The 2022 final dividend has been converted at exchange rates applicable on 21 February 2023 (the latest practicable date before the dividend was declared). Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. But how much would I have, 1 May, 2023 | Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. 10/21/1997. These two growth stocks are trading at rock-bottom valuations. Commodity prices drive a doubling in Rio Tinto's profit to $30.8bn. Rio Tinto LTD is a mining and metals company. Pulses PRO Finance and Economy News, Stocks and Crypto . A cookie is a small file of letters and numbers that we store on your browser or the hard drive of your computer if you agree. The Motley Fool has a disclosure policy. Compare Rio Tinto Group's growth forecast against it's industry peers. Will the Rio Tinto dividend remain supersized in the coming years? CBA shares have delivered a full-year dividend payout of $4.20 per share, 100% franked. 2010 - 2023 The Motley Fool Australia Pty Ltd. All rights reserved. All DividendMax content is provided for informational and research purposes only and is not in any way meant to represent trade or investment recommendations. Pessimistic: $56.28. For example, in FY 2022, the broker expects Rio Tinto's dividend to come in at a fully franked US$8.70 (A$12.55) per share. For convenience, prices are divided by color. How often does Rio Tinto Group pay dividends? You Can Buy Cheaper Than Insiders Did, 10 Stocks Rio Tinto chief executive J-S Jacques said: "Rio Tinto has generated net cash from operating activities of $3.2 billion and reported underlying earnings of $1.6 billion, against a backdrop of continued volatility and lower commodity prices. The pandaforecast.com portal is not responsible for the loss of your money in the stock market Dividend History; Charts * Price, Consensus and EPS . Rio Tinto Limited (RIO), an ASX-listed company, is engaged in minerals and metals exploration, development, production and processing. How much is Rio Tinto's dividend? Actions. Rio Tinto PLC Registered Shares Share Dividends | RIO - Fidelity I prefer income stocks that are a little more stable, such as Unilever and Diageo. To see all exchange delays and terms of use please see Barchart's disclaimer. In FY 2022, the broker is forecasting a fully franked US$4.90 (A$7.09) per share dividend. Help yourself with our, Heres the Rio Tinto dividend forecast for 2022 and 2023. As a result, broker forecasts suggest. Rio Tinto Ltd Stock Dividend Yield & Dates - WallStreetZen Dividends determined in US dollars are translated at exchange rates prevailingone dayprior to the declaration and payable in sterling by Rio Tinto plc and in Australian dollars by Rio Tinto Limited. During the first half of 2021, underlying earnings rose by 156% to $12.2bn more than in all of 2020. Rio Tinto dividend forecasts At present, analysts expect Rio Tinto to continue paying big dividends this year and next. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. When was Rio Tinto Group's most recent dividend payment? 326 E 8th St #105, Sioux Falls, SD 57103 If you choose to subscribe to our media releases or other communications, you can unsubscribe at any time (by following the instructions in the email or by contacting us atdigital.comms@riotinto.com). This implies potential upside of 24% from current levels. This happens once a day. Sponsored. The group has a solid reputation, mining aluminium, copper, gold, diamond, iron and lead. Like in the Dow, Broker Darlings: Top 15 Analyst Picks Rio Tinto PLC. These ETFs could be the answer. Detailed values for the Rio Tinto stock price can be found in the table below. Your account is set up to receive Rio Tinto plc notifications. One of the most popular options out there for income investors is the Rio Tinto Limited (ASX: RIO) dividend. CASH. We respectfully acknowledge the Traditional Custodians of the land where we live and work and pay our respects to all Elders, past and present, of all Aboriginal and Torres Strait Islander nations. Fitch Affirms Rio Tinto at 'A'; Stable Outlook - Fitch Ratings When I last covered Rio in May, for example, analysts were expecting dividends of $8.83 per share for 2022. Positive dynamics for Rio Tinto shares will prevail with possible volatility of 1.924%.Pessimistic target level: 65.11Optimistic target level: 66.39, Forecast target price for 05-06-2023: $64.90. So, Im happy to give Rio Tinto shares a miss. We won't process that personal data for other purposes except where required to meet our legal obligations or otherwise as authorised by law and notified to you. The ex-dividend date is 11 August 2022.This represents 50% of underlying earnings, in line with shareholder returns policy, and consistent with the practice of paying out 50% on the ordinary interim dividend. Below Book Value, 10 Canadian Stocks We aim to deliver superior returns to our shareholders while safeguarding the environment and meeting our obligations to wider society. RIO's Forward Dividend Yield % is ranked better than. This represents a 5.8% dividend yield at todays prices. Consists of two companies: Rio Tinto plc., Based in London, and Rio Tinto Limited, which is listed on the Australian Stock Exchange, headquartered in Melbourne. The Rio Tinto Ltd share price has recovered some of its sharper early morning losses but remains down 0.9% in early afternoon trading on Wednesday.. At the current $112.20 share price, the S&P/ASX . 09/26/1997. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. The Motley Fool Australia does not guarantee the performance of, or returns on any investment. Rio Tinto Group pays annually dividends to shareholders. Investegate |Rio Tinto Announcements | Rio Tinto: Key dates Rio Tinto Group's most recent annually dividend payment of $2.25 per share was made to shareholders on Thursday, April 20, 2023.
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