New York Stock Exchange (US$) It is our main reporting currency and consequently the natural currency for dividend determination. 2022 Interim dividend. Such dividends are known are franked dividends. 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. 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. They also trade at a low valuation. Hear our experts take on shares, the market & how to invest. Do Analysts' Price Targets Make Domino's Pizza Stock Look Tasty? stock price in 2023, 2024, 2025, 2026, 2027. Edward Sheldon has positions in Diageo and Unilever. Based on the current Rio Tinto share price of $98.19, this will mean a yield of 7.2%. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. Rio Tinto is an Australian-British multinational corporation with a mining and metallurgical profile. The two companies have teamed up to efficiently carry out manufacturing operations to become a leader in the mining and metallurgical sector. Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. Should I buy or sell RIO stock? Should you invest, the value of your investment may rise or fall and your capital is at risk. Optimistic: $62.21, An downtrend is forecast for this month with an optimal target price of $58.7606. Its bauxite mines are located in Australia, Brazil and Guinea. See what's happening in the market right now with MarketBeat's real-time news feed. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. 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 You can do it. 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). Rio Tinto PLC. Optimistic: $62.77, An uptrend is forecast for this month with an optimal target price of $60.6154. Based on the current Rio Tinto share price, this would mean a very generous fully franked 12.1% dividend yield for investors. Not sure which dividend shares to buy? Rio Tinto Plc Analyst Report: Rio Tinto Group Rio Tinto is a global diversified miner. 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. in the S&P, Best Dividend Paying Stocks Analysts 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 . May 1, 2023 | Rio Tinto dividend forecasts At present, analysts expect Rio Tinto to continue paying big dividends this year and next. 2010 - 2023 The Motley Fool Australia Pty Ltd. All rights reserved. London SW1Y 4AD. Heres how this dividend stock could help you build a growing passive income stream. Investment news, stock ideas, and more, straight to your inbox. These Cookies are used by advertising companies to inform and serve personalised ads to your devices based on your interests. As some data privacy laws regulate IP addresses and other information collected through the use of cookies as personal data, Rio Tintos processing of such personal data needs to comply with its Data Privacy Standard (see Part 1 of ourPrivacy Policy), and also applicable data privacy laws. Overview Forecast. Investors may be able smell big dividends from this ASX share. Dividend History & Calculator. Rio Tinto Group's most recent ex-dividend date was Thursday, March 9, 2023. We aim to deliver superior returns to our shareholders while safeguarding the environment and meeting our obligations to wider society. How often does Rio Tinto Group pay dividends? 1 May, 2023 | The note reveals that its analysts have a buy rating and $131.00 price target on its shares. This implies the company can still generate a 5% dividend yield at an ore price of US$75. Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price. If you require any personal advice or recommendations, please speak to an independent qualified financial adviser. Nothing shall substitute for the independent investigations and sound judgement of our users. Rio Tinto Group's most recent annually dividend payment of $2.25 per share was made to shareholders on Thursday, April 20, 2023. 85.67% of 300 companies. 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). These two growth stocks are trading at rock-bottom valuations. May 1, 2023 | How many times is the dividend covered by company income. Pessimistic: $57.41. These Cookies also facilitate sharing information with social networks or recording your interactions with particular ads. Should You Be Too? 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 . Contact Details: Homepage. High-Yield Canadian Energy Stocks, 10 Canadian Stocks Crossing Positive dynamics for Rio Tinto shares will prevail with possible volatility of 2.100%.Pessimistic target level: 64.61Optimistic target level: 65.99, Forecast target price for 05-05-2023: $65.85. All rights reserved. Our latest articles and strategies for the post-work life you want. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Another issue with Rio is that it has very little control of its revenues and earnings. Sebastian Bowen. Optimistic: $63.35, An uptrend is forecast for this month with an optimal target price of $63.244. Heres how this dividend stock could help you build a growing passive income stream. 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. 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. (12/2022) Quarter Ending (9/2022) Quarter Ending The previous Rio Tinto plc dividend was 185.35p and it went ex 2 months ago and it was paid 11 days ago. Crossing Above Their 200 Day Moving Avg, 10 Canadian Stocks 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. Outside of reading and researching he spends many a late night watching the English Premier League and Seinfeld reruns. There are typically 2 dividends per year (excluding specials), and the dividend cover is approximately 2.0. Mining giant Rio Tinto may be UK-based, but its operations make it truly a global company. Thats not ideal from an income-investing perspective. Like in the Dow, Broker Darlings: Top 15 Analyst Picks EPS shows how much of the net profit is accounted for by the common share. When was Rio Tinto Group's most recent dividend payment? In light of this, income investors may be wondering what this share price weakness means for the Rio Tinto dividend in the coming years. James Mickleboro has been a Motley Fool contributor since late 2015. 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. RIO Tinto Ltd. These yields are obviously still massive, even if theyre below the trailing yield of 18.4%. For convenience, prices are divided by color. 09/24/1997. TO MAKE THE WORLD in the Metals & Mining industry. FTSE 100 -0.27% LSE These Cookies allow us to analyse site usage in order to evaluate and improve its performance. They may have other tax implications, and may not provide the same, or any, regulatory protection. Hold: Downgrades: N/A: N/A: 2022-12-02: 1 of 1. Rio Tinto Group Dividend per Share Forecast for 2023 . Bernd Struben. 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. Rio Tinto's Dividends per Share for the six months ended in Dec. 2022 was $2.67. During the first half of 2021, underlying earnings rose by 156% to $12.2bn more than in all of 2020. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. Currencies are a big influence of earnings each year. 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. Your account is set up to receive RIO Tinto Ltd. notifications. The profit works out to 32 cents per diluted share, down from 79 cents per diluted share a year earlier. When should I record a loss on Rio Tinto stock? Registered Office: 5 New Street Square, London EC4A 3TW. However, it is still expecting some very big yields from the mining giant. Below Book Value, 10 Canadian Stocks The company also cut its capital investment forecast for 2022 by $500 million to $7. as a result of using the information contained on the site. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Sponsored. Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. 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). What is Rio Tinto's Ex-Dividend Date? Tristan Harrison. Rio Tinto plc. The latest Rio Tinto plc (RIO) Ordinary 10p share price . It is calculated by the formula May 2, 2023 | It will pay a $4.3 billion dividend. 27 July 2022. shares you hold and we'll calculate your dividend payments: Sign up for RIO Tinto Ltd. and we'll email you the dividend information when they declare. And Edward Sheldon believes they could jump when investor sentiment improves. RIO: Rio Tinto Detailed Earnings Estimate. Rio Tinto has announced returns to shareholders of $3.5 billion including interim dividend of $2.5 billion and special dividend of $1.0 billion and a 151.1 dividend per share (US cent), a 19% increase from 127.0. Dividend History; Charts * Price, Consensus and EPS . 11 . Year after year, she has been able to cut production costs. We forecast FCF after dividends to be negative over 2021-2022 and almost neutral from 2023. It currently has a buy rating and $121.50 price target on the companys shares. ASX investors on the hunt for passive income wont find much better yields than from these two stocks. Brokers are expecting these ASX shares to reward investors with big dividend yields. Salt production - Rio Tinto . This helps us to provide you with a good experience when you browse our website and also allows us to improve our site. 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 Help yourself with our, Heres the Rio Tinto dividend forecast for 2022 and 2023. This article contains general investment advice only (under AFSL 400691). Back to RIO Overview. To see all exchange delays and terms of use please see Barchart's disclaimer. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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. When was Rio Tinto Group's most recent ex-dividend date? Add Rio Tinto plc to receive free notifications when they declare their dividends. Meanwhile, the estimate for 2023 is $5.65 per share. Win at Retirement data provided by Zacks Investment Research via Quandl.com. 10 Dividend Bargains You Can Buy Cheaper Than Insiders Did. Become a Motley Fool member today toget instant access to our top analyst recommendations, in-depth research, investing resources, and more. Investing in dividend stocks is a preferred method for those looking to enjoy a passive income stream in retirement. 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, The annual dividend for RIO shares is $4.49. The next scheduled payment will be on 09/23/2021. To make the world Smarter, Happier, And Richer. These Cookies are used to provide a better user experience on the site, such as by measuring interactions with particular content or remembering your settings such as language or video playback preferences. It may continue to fall further depending on what happens in the commodity markets. In fiscal 2022, Pilbara production (100 percent) grew 1 percent from last year to 324.1 million tonnes, while Pilbara shipments remained flat at 321.6 million tonnes. Rio Tinto declared a full-year dividend, including special dividends, of $10.40 per share, up 87% year-on-year. Listen to Our Podcast 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. Rio Tinto (RIO) stock Forecast for 2022 2026, This website uses cookies to ensure you get the best experience on our website. 2023 Stock Analysis. Fitch forecasts around USD27.8 billion of EBITDA for 2022, moderating to a mid-cycle of around USD17 billion. Before investing, your individual circumstances should be assessed. of the Dow, Top 25 Broker Analyst Picks of the In 2030, professionals predict that Rio Tinto Group's EBITDA will decrease by 23.57%, to 25.68B. Rio Tinto paid a total annual dividend of $6.53 per share over the last 12 months, with a dividend yield of 6.27%. Alan Oscroft, Not got started with the new Stocks and Shares ISA allowance yet? 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. DividendMax.com is owned and operated by DividendMax Ltd. Our premium tools have predicted Rio Tinto plc with 70% accuracy. Learn more on RIO's annual dividend history. Final dividend: 02/22/23 | 03:30am : FY 2022 Earnings Call: 02/22/23 | 02:00am : FY 2022 Earnings Release: 01/16/23 . Ill also discuss whether Id buy this income stock for my portfolio today. Rio Tinto last paid dividends on 08/12/2021. 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. 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. 50/200 Day Moving Average: Visit our . Meanwhile, the estimate for 2023 is $5.65 per share. Investors' optimism about the company's current quarter earnings report is understandable. Providing materials the world needs in a responsible way. One of Britains top money managers has been buying this FTSE 100 stock. Join our flagship membership service, Share Advisor. Get Started Investing Will the Rio Tinto dividend remain supersized in the coming years? (844) 978-6257. James is part of the CFA Institute's Chartered Financial Analyst program and hopes it teaches him how to become an astute investor which allows him to help others with their own investing. 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. 96% of all stocks covered), data provided by Zacks Investment Research via Quandl.com, Get the latest Zacks research report on RIO FREE, 10 Dividend Bargains You Can Buy Cheaper Than Insiders Did, Future Dividend Aristocrats: Close Contenders, Decades of Increasing Payments: 25 RIO's Forward Dividend Yield % is ranked better than. Get Started Investing Hear our experts take on shares, the market & how to invest. 2022 half year results announcement. Equities. Rio Tinto ltd announce a $16.8 billion full-year dividend. Our latest articles and strategies for the post-work life you want. Pessimistic: $61.15. This is not what I want from an income stock. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. S&P 500, Forgotten S&P 500 Giants: May 1, 2023 | Email: [emailprotected] Rio Tinto has been tipped to pay some big dividends, Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. 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 previous RIO Tinto Ltd. dividend was 326.49c and it went ex 2 months ago and it was paid 11 days ago. Try Premium This figure corresponds to the Average Price over the previous 50/200 days. The current dividend yield for Rio Tinto Group is 7.11%. Actions. Income investors got some great news from Transurban this morning. The dividend yield is calculated by dividing the annual dividend payment by the prevailing share price.