The mining giant has a tendency to share a significant amount of its profits with its shareholders. Your account is set up to receive RIO Tinto Ltd. notifications. The most recent change in the company's dividend was a decrease of $0.42 on Monday, February 27, 2023. High-Yield Canadian Real Estate Stocks, 10 Must-Know Optimistic: $62.23, An uptrend is forecast for this month with an optimal target price of $62.1349. 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. Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. May 2, 2023 | 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, If you would like to customise your choices, click 'Manage privacy settings'. We have taken reasonable steps to ensure that any information provided by The Motley Fool Ltd, is accurate at the time of publishing. And the valuation is quite attractive too. We forecast FCF after dividends to be negative over 2021-2022 and almost neutral from 2023. of the Dow, Top 25 Broker Analyst Picks of the Nothing shall substitute for the independent investigations and sound judgement of our users. Wind, sun and water what else do you need to make renewable energy work? Below Book Value, 10 Canadian Stocks 10/21/1997. So, while I may be set to pick up some big dividends, I could end up losing money overall. Meanwhile, note that the This helps us to provide you with a good experience when you browse our website and also allows us to improve our site. Forecasts Financials Shareholders Competitors Stock Price Forecast The 4 analysts offering 12-month price forecasts for Rio Tinto PLC have a median target of 82.85, with a high estimate of. (844) 978-6257. Shareholders received an $8bn dividend, or $4.92 per share. Any imputation credits attached to the dividend are shown in the Dividend Statement provided to shareholders. For all the latest share price information, Finding better ways to provide the materials the world needs. As a result, broker forecasts suggest. This article contains general investment advice only (under AFSL 400691). Mining giant Rio Tinto may be UK-based, but its operations make it truly a global company. Investors may be able smell big dividends from this ASX share. Crossing Below Their 200 Day Moving Avg, Advertising Opportunities on Dividend Channel, Rio Tinto (RIO) & First Quantum to Advance La Granja Project, Rio Tinto's and Adidas have been highlighted as Zacks Bull and Bear of the Day. This was the start of a love affair with Australian equities and he hasn't looked back since. So bleiben Sie entspannt und verpassen dennoch keine Gelegenheit. authenticate users, apply security measures, and prevent spam and abuse, and, display personalised ads and content based on interest profiles, measure the effectiveness of personalised ads and content, and, develop and improve our products and services. The purchase price of 41.4% stake could be revealed in Berkshire's 2022 10-Kin a section on . Prior to launching his own investment writing business in 2017, he spent 15 years working in private wealth management and institutional asset management, both in the UK and in Australia. The note reveals that its analysts have a buy rating and $131.00 price target on its shares. Buy Cheaper Than Insiders Did, Top Ranked Dividend James Mickleboro has been a Motley Fool contributor since late 2015. Latest Dividends Enter the number of RIO Tinto Ltd. shares you hold and we'll calculate your dividend payments: Calculate Payment Previous Payment AU$326.49 Paid on 20 Apr 2023 (Thu) Next Payment Sign Up Required Paid on 21 Sep 2023 (Thu) Forecast Accuracy 68% Our premium tools have predicted RIO Tinto Ltd. with 68% accuracy. It's positive to see that Rio Tinto Group's dividend is . Citigroup. 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. P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit. Based on the current Rio Tinto share price, this would mean a very generous fully franked 12.1% dividend yield for investors. A bruising recent few months that left Rio Tinto (RIO) faced with yet more challenges, including fixing a toxic internal environment and rescuing the cancelled Jadar lithium project . Join Our Premium Community Its bauxite mines are located in Australia, Brazil and Guinea. Rio Tinto is an Australian-British multinational corporation with a mining and metallurgical profile. ADR holders receive dividends at the declared rate in US dollars. 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. Alan Oscroft, Not got started with the new Stocks and Shares ISA allowance yet? Any opinions expressed are the opinions of the authors only. Upgrade to MarketBeat All Access to add more stocks to your watchlist. However, it is still expecting some very big yields from the mining giant. Homepage. Rio Tinto (RIO) & First Quantum to Advance La Granja ProjectRio Tinto plc (RIO) and First Quantum Minerals have entered into a joint venture to progress the La Granja copper project in Peru to capitalize on the demand for copper. The content of this article was relevant at the time of publishing. Der Dividenden Alarm benachrichtigt Sie per Mail, sobald eine Ihrer Wunschaktien anhand der Dividendenrendite ein Kauf- oder Verkaufssignal generiert. This is not what I want from an income stock. Is this, To make the world Smarter, Happier, And Richer. May 1, 2023 | 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. Brokers are expecting these ASX shares to reward investors with big dividend yields. Learn more on RIO's annual dividend history. Pulses PRO Finance and Economy News, Stocks and Crypto . This implies potential upside of 24% from current levels. Company. 21 April 2022. 2010 - 2023 The Motley Fool Australia Pty Ltd. All rights reserved. The 2021 full year results release is available here. Rio Tinto has delivered the second-biggest payout in UK corporate history after the miner cashed in on surging prices for its main commodities. Trailing P/E depends on what has already been done. 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. Rio Tinto Group, whose market valuation is $106.13 billion at the time of this writing. No. Pessimistic: $59.07. The previous RIO Tinto Ltd. dividend was 326.49c and it went ex 2 months ago and it was paid 11 days ago. Do you want straightforward views on whats happening with the stock market, direct to your inbox? The Energy & Minerals segment consists of mining, refining and marketing operations across sectors including borates, iron ore concentrate and pellets, titanium dioxide and uranium. Will the Rio Tinto dividend remain supersized in the coming years? Bernd Struben. Sign in in the Metals & Mining industry. DividendMax.com is owned and operated by DividendMax Ltd. Our premium tools have predicted RIO Tinto Ltd. with 68% accuracy. It may continue to fall further depending on what happens in the commodity markets. in the S&P, Best Dividend Paying Stocks Analysts Because share price losses could potentially wipe out my gains from dividend income. With your consent, our website uses cookies to distinguish you from other users of our website. Please log in to your account or sign up in order to add this asset to your watchlist. When was Rio Tinto Group's most recent dividend payment? 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. 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. In FY 2023, the broker is forecasting a similarly big dividend from Australias second largest miner. This little-known miner is set to power the coming EV boom. This helps us to provide you with a good experience when you browse our website and also allows us to improve our site. Melbourne 3000. At the current share price and exchange rate, these projected payouts translate to yields of 12.6% and 9.9% respectively. 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. The basis of the Australian dividend imputation system is that when Australian resident shareholders receive dividends from Rio Tinto Limited, they may be entitled to a credit for the tax paid by the Company in respect of that income, depending on the tax status of the shareholder. 09/26/1997. Optimistic: $64.21, An downtrend is forecast for this month with an optimal target price of $60.41. 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. Are you interested in Rio Tinto Group stocks and want to buy them, or are they already in your portfolio? Brokers are expecting these ASX shares to reward investors with big dividend yields. All rights reserved. To make the world Smarter, Happier, And Richer. Learn More. Before investing, your individual circumstances should be assessed. Ill also discuss whether Id buy this income stock for my portfolio today. Add to Watchlist. London Stock Exchange () RIO:L. Rio Tinto Limited. 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. Iron ore is the dominant commodity, with significantly lesser contributions from copper,. Enter the number of RIO TINTO PLC : Financial Data Forecasts Estimates and Expectations | RIO | GB0007188757 | MarketScreener. Phone: (03) 8592 4841 If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. Investing in dividend stocks is a preferred method for those looking to enjoy a passive income stream in retirement. You have already added five stocks to your watchlist. Do you need a financial advisor for your pension? 11 . 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. 2022-12-13: Paul McTaggart. Mrz 2021. However, the payout is not expected to be as large as the one last year (which included some special dividends). The dividend forecast is attractive, however, all things considered, I think there are better income stocks out there for me. Home Markets Discover Watchlist Portfolios . In light of this, income investors may be wondering what this share price weakness means for the Rio Tinto dividend in the coming years. 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. How many times is the dividend covered by company income. 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. 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. 2010 - 2023 The Motley Fool Australia Pty Ltd. All rights reserved. The amount of dividends is $6.92 per share. But how much would I have, 1 May, 2023 | The board expects total cash returns to shareholders over the longer term to be in a range of 40 to 60 per cent of underlying earnings in aggregate through the cycle. These Cookies also facilitate sharing information with social networks or recording your interactions with particular ads. Optimistic: $62.21, An downtrend is forecast for this month with an optimal target price of $58.7606. You can change your choices at any time by clicking on the 'Privacy dashboard' links on our sites and apps. Learn more on RIO's annual dividend history. You should not invest any money you cannot afford to lose, and you should not rely on any dividend income to meet your living expenses. 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 2020 final dividend, equivalent to 309 US cents per share was determined by the board on 17 February 2021. 2023 Stock Analysis. These two growth stocks are trading at rock-bottom valuations. United Kingdom. The next Rio Tinto plc dividend is expected to go ex in 3 months and to be paid in 5 months. Here, Im going to look at the Rio Tinto dividend forecast for 2022 and 2023. The Company's business is finding, mining and processing mineral resources. Registered shareholders may elect to have cash dividends paid directly into any bank, building society or credit union account. Rio Tinto plc shareholders received 221.86 pence per shareand Rio Tinto Limited shareholders received 397.48 Australian cents per share, based on the applicable exchange rates on 16 February 2021. Duolingo Speaking Volumes: Forms Bullish Chart Ahead of Earnings, Open Rio Tinto Group in Dividend Calculator , Open Rio Tinto Group in Dividend Yield Calculator . Final dividend: 02/22/23 | 03:30am : FY 2022 Earnings Call: 02/22/23 | 02:00am : FY 2022 Earnings Release: 01/16/23 . A word of warning though dividend forecasts can be way off the mark at times. The Motley Fool Australia has no position in any of the stocks mentioned. Its main products include Bauxite, Alumina, Copper, Gold, Molybdenum, Silver, Nickel, and Diamonds. Feb 24 + 2 more updates. Rio Tinto ADRs. The majority of earnings come from the base metal side of the group. Payment date . If commodity prices were to plummet, its revenues and profits would most likely plummet too. Currently, the dividend forecast for 2022 is $7.22 per share. May 1, 2023 | 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). This happens once a day.