Phone: (03) 8592 4841 Rio Tinto plc 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. Should investors buy them? Commodity prices drive a doubling in Rio Tinto's profit to $30.8bn. Nevertheless, this still means a very attractive 8% dividend yield. RIO: Rio Tinto Detailed Earnings Estimate. The dividend payout ratio for RIO is: 65.26% based on the trailing year of earnings 55.99% based on this year's estimates 58.39% based on next year's estimates 30.52% based on cash flow This page (NYSE:RIO) was last updated on 4/30/2023 by MarketBeat.com Staff Rio Tinto plc ADR holders received 309 US cents per ADR for the final dividend. RIO pays a dividend of $4.92 per share. 2022-12-13: Paul McTaggart. May 1, 2023 | We publish information, opinion and commentary about consumer credit products, loans, mortgages, insurance, savings and investment products and services, including those of our affiliate partners. Wed, Mar 22, 5:31 AM, Zacks If yes, then on this page you will find useful information about the dynamics of the Rio Tinto Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Is this, To make the world Smarter, Happier, And Richer. 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 ASX investors on the hunt for passive income wont find much better yields than from these two stocks. Below Book Value, 10 Canadian Stocks Meanwhile, the estimate for 2023 is $5.65 per share. The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Rio Tinto shares. The Copper & Diamonds segment has managed operations in Australia, Canada, Mongolia and the United States, and non-managed operations in Chile and Indonesia. Payment date . I want companies that are in charge of their own destiny and can raise their dividends steadily over time as sales and profits rise. 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. 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. Learn more. contact@marketbeat.com This Service provides only general, and not personalised financial advice, and has not taken your personal circumstances into account. Contact Details: in the S&P, Best Dividend Paying Stocks Analysts However, the payout is not expected to be as large as the one last year (which included some 'special' dividends). Is the 149% Dividend for ZIM Integrated Shipping in Jeopardy? These Cookies also facilitate sharing information with social networks or recording your interactions with particular ads. 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. 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. Nothing shall substitute for the independent investigations and sound judgement of our users. Monica O'Shea. Get short term trading ideas from the MarketBeat Idea Engine. The dividend for the first half equates to $4.3 billion and was still Rio's second-highest interim payout ever. And the valuation is quite attractive too. The value of stocks, shares and any dividend income may fall as well as rise and is not guaranteed, so you may get back less than you invested. Get the latest Zacks research report on RIO FREE, Dividend Growth Stocks: 25 Aristocrats This implies potential upside of 24% from current levels. 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. Positive dynamics for Rio Tinto shares will prevail with possible volatility of 2.029%.Pessimistic target level: 64.25Optimistic target level: 65.58, Forecast target price for 05-08-2023: $64.98. Getting Started With Options Trading Has Never Been So Easy. The Neutral rating and target price of $120.00 are retained. To make the world Smarter, Happier, And Richer. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Enter your email address below to receive the DividendStocks.com newsletter, a concise daily summary of stocks that are about to go ex-dividend as well as new dividend announcements. Become a Motley Fool member today toget instant access to our top analyst recommendations, in-depth research, investing resources, and more. As soon as information becomes available, we will immediately update the data. Biden To Unleash "Choke Point" Operation On America? Goldman commented: Rio is a FCF story in our view, however, and we see the company returning to growth in 2022 & 2023 with a c. 3% and 5% increase in Cu Eq production.. New York Stock Exchange (US$) 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. They may have other tax implications, and may not provide the same, or any, regulatory protection. This breakthrough stock has bright future this decade. The Company's segments include Iron Ore, Aluminium, Copper & Diamonds, Energy & Minerals and Other Operations. Are you interested in Rio Tinto Group stocks and want to buy them, or are they already in your portfolio? The London-based miner expects the cost of production at its Pilbara iron ore operations to rise by as much as 13% this year. 1 May, 2023 | The Motley Fool Australia has no position in any of the stocks mentioned. At the end of each financial period, the board will determine an appropriate total level of ordinary dividend per share, taking into account the results for the financial year, the outlook for our major commodities, the boards view of the long-term growth prospects of the business and the Companys objective of maintaining a strong balance sheet. Rio Tinto has delivered the second-biggest payout in UK corporate history after the miner cashed in on surging prices for its main commodities. shares you hold and we'll calculate your dividend payments: Sign up for Rio Tinto plc and we'll email you the dividend information when they declare. The 2022 final dividend has been converted at exchange rates applicable on 21 February 2023 (the latest practicable date before the dividend was declared). Because share price losses could potentially wipe out my gains from dividend income. Based on the current Rio Tinto share price of $98.19, this will mean a yield of 7.2%. Based on the current Rio Tinto share price, this would mean a very generous fully franked 12.1% dividend yield for investors. In 2012, the company produced a record 237 million tonnes of iron. Rio reported underlying earnings of $8.6 billion in the first half, missing the average analyst estimate and down from a record $12.2 billion last year. Any opinions expressed are the opinions of the authors only. Rio Tinto announces full-year ordinary dividend of $6.2 billion (382 US cents per share), including record final ordinary dividend of $3.7 billion (231 US cents per share), resulting in total cash returns of $7.2 billion (443 US cents per share), Rio Tinto have announced a 19% increase in their dividend. Fool and The Motley Fool are both trading names of The Motley Fool Ltd. These two growth stocks are trading at rock-bottom valuations. RIO Tinto Ltd. On request, shareholders of Rio Tinto plc can elect to receive dividends in Australian dollars, and Rio Tinto Limited shareholders can elect to receive dividends in sterling. 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. Sign Up for Take Stock The Motley Fool Australia has no position in any of the stocks mentioned. Maiden 2023 Profit Forecast The 2021 full year results release is available here. Learn about investing with our Investing Education hub. 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. 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. Learn More. Join Our Premium Community The intention is that the balance between the interim and final dividend is weighted to the final dividend. 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. The annual dividend appears to be a factor 22 lower than the ore price averaged over one year. SMARTER, HAPPIER, AND RICHER. As well as big dividend yields, Goldman Sachs sees plenty of value in the Rio Tinto share price. This happens once a day. The final and. Sure, the yield looks attractive right now. $71.7 / $74.93. Enter the number of Wind, sun and water what else do you need to make renewable energy work? Any imputation credits attached to the dividend are shown in the Dividend Statement provided to shareholders. The Motley Fool launched its Australian presence in 2011, and since then has grown to reach over 1 million Australians. Positive dynamics for Rio Tinto shares will prevail with possible volatility of 1.973%.Pessimistic target level: 64.82Optimistic target level: 66.12, Forecast target price for 05-04-2023: $65.38. If I had bought it at 60 in early June, for example, Id now be sitting on a near-20% loss. A slight reduction is forecast in FY 2025 to US$5.40 (A$7.83) per share. Nothing shall substitute for the independent investigations and sound judgement of our users. The chart below shows the optimized dividends for this security over a rolling 12-month period. This was the start of a love affair with Australian equities and he hasn't looked back since. Learn more on RIO's dividend yield history. Heres how this dividend stock could help you build a growing passive income stream. Despite this gain, the Rio Tinto share price remains down 25% from its 52-week high. Taking the worlds fourth-largest copper mine underground, The slow journey from red mud to green plants, Rio Tinto Partners with BMW Group on Premium Aluminium Car Parts, If you want to drive real change, we have just the place to do it, Supporting new parents of any gender with equal access to parental leave. We are planning a more extensive programme in 2022, subject to COVID-19 constraints, with up to 30 deployments at 15 sites and up to 80 rapid improvement projects, targeting bottlenecks. 27 July 2022. May 1, 2023 | In afternoon trade, the mining giants shares are up 2% to $103.48. Investors may be able smell big dividends from this ASX share. Mrz 2021. Cookies contain information that is transferred to your computer's hard drive. How to generate passive income in retirement, Free Report: 5 Stocks For Trying To Build Wealth After 50, Extreme Opportunities: Next-Gen Supercycle, 2 UK growth stocks that could explode in the next bull market. in the Metals & Mining industry. These kinds of stocks are more defensive in nature and less likely to experience massive share price swings. In-depth profiles and analysis for 20,000 public companies. It uses the current share price and divides it by the total earnings per share for the last 12 months. The Energy & Minerals segment consists of mining, refining and marketing operations across sectors including borates, iron ore concentrate and pellets, titanium dioxide and uranium. Listen to Our Podcast When was Rio Tinto Group's most recent dividend payment? 'Broker forecast' and 'Recent trades' provided by MoneyAM. Ill also discuss whether Id buy this income stock for my portfolio today. data provided by Zacks Investment Research via Quandl.com. May 1, 2023 | Pessimistic: $59.07. Heres a look at the divi forecasts for this year and next. Thats not ideal from an income-investing perspective. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. Dividend Alarm Email When did Rio Tinto Group last increase or decrease its dividend? Optimistic: $61.01, An downtrend is forecast for this month with an optimal target price of $58.4609. Learn More. For example, in FY 2022, the broker expects Rio Tintos dividend to come in at a fully franked US$8.70 (A$12.55) per share. Finally, its analysts are anticipating a reduction in the Rio Tinto dividend to US$3.90 (A$5.65) per share in FY 2026. Investment news, stock ideas, and more, straight to your inbox. Warum die Aktie in den letzten Jahren gestiegen ist, und ob du mit weiteren Kursgewinnen und Dividenden rechnen darfst, verrate ich dir in dieser Aktienanalyse. Crossing Above Their 200 Day Moving Average, 10 Stocks RIO's Forward Dividend Yield % is ranked better than. 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. Here, Im going to look at the Rio Tinto dividend forecast for 2022 and 2023. It discovers, mines, processes and supplies metals and minerals used in everyday modern life. Final dividend: 02/22/23 | 03:30am : FY 2022 Earnings Call: 02/22/23 | 02:00am : FY 2022 Earnings Release: 01/16/23 . Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. 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 data provided by Zacks Investment Research via Quandl.com. We forecast FCF after dividends to be negative over 2021-2022 and almost neutral from 2023. If you require any personal advice or recommendations, please speak to an independent qualified financial adviser. All rights reserved. The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA). Rio Tinto Plc Analyst Report: Rio Tinto Group Rio Tinto is a global diversified miner. Exchange rate charges may adversely affect the value of shares in sterling terms, and you could lose money in sterling even if the stock price rises in the currency of origin. You can do it. Bernd Struben. Iron ore giant Rio Tinto Limited (ASX: RIO) is likely to cut its 2022 dividend after paying a whopping $5.3 billion payout to shareholders in the last financial year. Rio Tinto plc. Shares Short Prior Month - the number of shares in short positions in the last month. Outside of reading and researching he spends many a late night watching the English Premier League and Seinfeld reruns. Giving shareholders the opportunity to use their cash dividends to buy Rio Tinto shares in the market. So, when times are good for this mining giant, big dividends are often declared. American Consumer News, LLC dba MarketBeat 2010-2023. The next RIO Tinto Ltd. dividend is expected to go ex in 3 months and to be paid in 5 months. In GBP that's a dividend of almost 8.50 from . Our friendly customer service team will happily get back to you as soon as they can. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. Rio Tinto acquires high-grade scandium project in Australia, Midland in Partnership With Rio Tinto Announce a New Nickel-Copper Zone on the Tte Nord Project, Blue-Chip Stocks: 7 Hidden Gems for Long-Term Growth, 3 Stocks That Will Surge if Rate Hikes Are Paused, 3 Low P/E Stocks That Will Double in One Year, Rio Tinto reports record first quarter iron ore shipments, lowers mined copper guidance for 2023, Rio Tinto releases first quarter production results, The 3 Most Undervalued Lithium Stocks to Buy Now, Rio Tinto engages with investor and civil society organisations on enhanced advocacy approach, Rio Tinto to support ERA's entitlement offer to raise funds for Ranger rehabilitation. But what exactly caused this FTSE 100 stock, AstraZeneca shares have been the FTSE 100's standout star over the past five years. It may continue to fall further depending on what happens in the commodity markets. It has pencilled in a fully franked US$8.49 (A$12.25) per share dividend from the company. We accept no liability whatsoever for any decision made or action taken or not taken. CBA shares have delivered a full-year dividend payout of $4.20 per share, 100% franked. All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, By clicking this button, you agree to our, Heres the Rio Tinto dividend forecast through to 2024, 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. However, it is still expecting some very big yields from the mining giant. 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. Get the latest news, stories and updates. 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. 326 E 8th St #105, Sioux Falls, SD 57103 Der Dividenden Alarm benachrichtigt Sie per Mail, sobald eine Ihrer Wunschaktien anhand der Dividendenrendite ein Kauf- oder Verkaufssignal generiert. Bookmark our portal to stay updated. 2022 Interim dividend. Growth in Focus: Rio Tinto has an ambition to deploy up to USD3 billion of investment for growth from 2023, if suitable projects are ready for execution. Yields Got More Juicy, 10 Must-Know What are analysts' forecasts for Rio Tinto stock? Die Rio Tinto Aktie hat seit ihrem Zwischentief Anfang 2016 um ber 300 Prozent zugelegt und glnzt selbst nahe am Allzeithoch mit einer Dividende von ber 7 Prozent. This Service provides only general, and not personalised financial advice, and has not taken your personal circumstances into account. $87.0, with a standard deviation of $5.656. Forecast Spread: 18 136 17 832 1,7%: 21 197 20 982 1,0%: 23 902 22 865 4,5%: 37 720 37 529 0,51%: 26 272 27 019 If you would like to customise your choices, click 'Manage privacy settings'. At the current share price and exchange rate, these projected payouts translate to yields of 12.6% and 9.9% respectively. If you do not want us and our partners to use cookies and personal data for these additional purposes, click 'Reject all'. For more information please see our Financial Services Guide. Real-time analyst ratings, insider transactions, earnings data, and more. Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. Income investors got some great news from Transurban this morning. Australian Financial Services Licence (AFSL): 400691, The Motley Fool Australia, PO Box 104, Isle of Capri, Qld 4217. Rio Tinto (RIO) (Delayed Data from NYSE) $63.99 USD +0.29 (0.46%) Updated Apr 28, 2023 04:00 PM ET After-Market: $63.99 0.00 (0.00%) 7:58 PM ET Add to portfolio Zacks Rank: 3-Hold 3 Style. James Mickleboro. At present, analysts expect Rio Tinto to continue paying big dividends this year and next. Rio Tinto Group's most recent annually dividend payment of $2.25 per share was made to shareholders on Thursday, April 20, 2023. Sign in Sebastian Bowen. The most recent change in the company's dividend was a decrease of $0.42 on Monday, February 27, 2023. Rio Tinto (RIO) stock Forecast for 2022 2026, This website uses cookies to ensure you get the best experience on our website. However if you choose to provide personal data to Rio Tinto through this website (for example, by sending us an email), we will process that personal data to answer your query and if relevant, to manage our business relationship with you or your company. Tristan Harrison. High-Yield Canadian Real Estate Stocks, 10 Must-Know The Motley Fool Australia does not guarantee the performance of, or returns on any investment. Monica O'Shea. Last year, Rio Tinto paid out a monster dividend to shareholders. Get a real-time Rio Tinto Group (RIO) stock price quote with breaking news, financials, statistics, . In 2030, professionals predict that Rio Tinto Group's EBITDA will decrease by 23.57%, to 25.68B. Currency conversion date . 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. Melbourne 3000. (844) 978-6257. Rio Tinto increases its 2017 interim dividend by 144% in dollar terms. Dividend History & Calculator. Optimistic: $64.21, An downtrend is forecast for this month with an optimal target price of $60.41. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. So, Im happy to give Rio Tinto shares a miss. We accept no liability whatsoever for any decision made or action taken or not taken. Rio Tinto ltd announce a $16.8 billion full-year dividend. United Kingdom. See what's happening in the market right now with MarketBeat's real-time news feed. Hear our experts take on shares, the market & how to invest. Guidance from Rio Tinto has been maintained with the exception of mined copper production, lowered to 590-640,000t in 2023. EPS shows how much of the net profit is accounted for by the common share. Heres how this dividend stock could help you build a growing passive income stream. Rio Tinto announces full-year ordinary dividend of $6.2 billion. The note reveals that its analysts have a buy rating and $131.00 price target on its shares. The dividend will be paid on 20 April 2023 to Rio Tinto Limited, Rio Tinto plc and Rio Tinto plc ADR shareholders on the register at the close of business on 10 March 2023 (record date). (Next month, 2023, 2024, 2025, 2026 and 2027) Optimistic: $62.23, An uptrend is forecast for this month with an optimal target price of $62.1349. One of Britains top money managers has been buying this FTSE 100 stock. This month we will be highlighting companies that we like at the moment that we believe are financially very strong and where we expect solid dividend growth. The Motley Fool Australia does not guarantee the performance of, or returns on any investment. You can change your choices at any time by clicking on the 'Privacy dashboard' links on our sites and apps. We have taken reasonable steps to ensure that any information provided by The Motley Fool Ltd, is accurate at the time of publishing. Such dividends are known are franked dividends. 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. The2022 interim ordinary dividend will be paid on22 September 2022to holders of ordinary shares and holders of ADRs on the register at the close of business on 12 August 2022 (record date). This represents a 5.8% dividend yield at todays prices. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Join our flagship membership service, Share Advisor. Rio Tinto's Dividends per Share for the six months ended in Dec. 2022 was $2.67. The dividend forecast is attractive, however, all things considered, I think there are better income stocks out there for me.
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