Based on the current Rio Tinto share price, this would mean a very generous fully franked 12.1% dividend yield for investors. P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit. 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. Here, Im going to look at the Rio Tinto dividend forecast for 2022 and 2023. You can change your choices at any time by clicking on the 'Privacy dashboard' links on our sites and apps. Rio Tinto Group's most recent annually dividend payment of $2.25 per share was made to shareholders on Thursday, April 20, 2023. Rio Tinto (RIO) stock Forecast for 2022 2026, This website uses cookies to ensure you get the best experience on our website. At the current share price and exchange rate, these projected payouts translate to yields of 12.6% and 9.9% respectively. The Board is committed to maintaining an appropriate balance between cash returns to shareholders and investment in the business, with the intention of maximising shareholder value. Email: [emailprotected] May 1, 2023 | So, theres no guarantee that Rio will pay these kinds of distributions. Currency conversion date . Get a real-time Rio Tinto Group (RIO) stock price quote with breaking news, financials, statistics, . Investment news, stock ideas, and more, straight to your inbox. If yes, then on this page you will find useful information about the dynamics of the Rio Tinto Get the latest news, stories and updates. 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 Detailed values for the Rio Tinto stock price can be found in the table below. 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. Do you need a financial advisor for your pension? Industry Median: 2.60 vs RIO: 7.69. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. But what exactly caused this FTSE 100 stock, AstraZeneca shares have been the FTSE 100's standout star over the past five years. 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. Rio Tinto Limited (RIO), an ASX-listed company, is engaged in minerals and metals exploration, development, production and processing. Heres a look at the divi forecasts for this year and next. Rio Tinto's profits rose by 22% to $9.8bn in 2020. 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. Meanwhile, the estimate for 2023 is $5.65 per share. 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 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 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 Learn about investing with our Investing Education hub. How many times is the dividend covered by company income. Goldman is forecasting an increase to US$5.48 (A$7.95) per share in FY 2024, which would mean a fully franked 8.1% yield. Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The annual dividend for RIO shares is $4.49. As soon as information becomes available, we will immediately update the data. The amount of dividends is $6.92 per share. Any performance statistics that do not adjust for exchange rate changes are likely to result in an inaccurate portrayal of real returns for sterling-based investors. Tristan Harrison. When using the forecast data, the investor assumes all financial risks. 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. Heres how this dividend stock could help you build a growing passive income stream. Payout ratio hits 79 per cent of underlying earnings with 417 final dividend. The Motley Fool Australia has no position in any of the stocks mentioned. It has pencilled in a fully franked US$8.49 (A$12.25) per share dividend from the company. The two companies have teamed up to efficiently carry out manufacturing operations to become a leader in the mining and metallurgical sector. London Stock Exchange. Rio Tinto plc shareholders will receive 185.35 pence per share for the final dividend and Rio Tinto Limited shareholders will receive 326.49 Australian cents per share for the final dividend. TO MAKE THE WORLD 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. 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. May 2, 2023 | Alan Oscroft, Not got started with the new Stocks and Shares ISA allowance yet? The annual dividend appears to be a factor 22 lower than the ore price averaged over one year. But despite this cut, this would still represent an above-average 9.5% dividend yield for investors. A dividend may be partly or fully franked. Confirming its position as one of the big winners . We have taken reasonable steps to ensure that any information provided by The Motley Fool Ltd, is accurate at the time of publishing. Rio Tinto ltd announce a $16.8 billion full-year dividend, equivalent to 1,040 US cents per share and 79% of underlying earnings, includes $6.7 billion record final ordinary dividend (417 US cents per share) and $1.0 billion final special dividend (62 US cents per share) declared today. New York Stock Exchange (US$) 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 . What are analysts' forecasts for Rio Tinto stock? Do you want straightforward views on whats happening with the stock market, direct to your inbox? Rio Tinto Group Dividend per Share Forecast for 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. Rio Tinto PLC. Phone: (03) 8592 4841 Rio Tinto Group, whose market valuation is $106.13 billion at the time of this writing. Bernd Struben. 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. May 1, 2023 | Analysts' Current Least Favorites, 10 ETFs With Stocks That Registered Office: 5 New Street Square, London EC4A 3TW. Jon Smith explains why the old investing adage doesn't apply for passive income investors wanting to build long-term wealth. If you require any personal advice or recommendations, please speak to an independent qualified financial adviser. 29 March 2022. Not sure which dividend shares to buy? 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. Cookies contain information that is transferred to your computer's hard drive. In afternoon trade, the mining giants shares are up 2% to $103.48. DividendMax.com is owned and operated by DividendMax Ltd. Our premium tools have predicted RIO Tinto Ltd. with 68% accuracy. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Rio Tinto plc. For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. 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 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. As well as big dividend yields, Goldman Sachs sees plenty of value in the Rio Tinto share price. It is calculated by the formula All DividendMax content is provided for informational and research purposes only and is not in any way meant to represent trade or investment recommendations. The dividend yield on the company stock is 14.21%, while its Forward Dividend ratio is 9.09. And the valuation is quite attractive too. This article contains general investment advice only (under AFSL 400691). Rio Tinto PLC. This helps us to provide you with a good experience when you browse our website and also allows us to improve our site. The purchase price of 41.4% stake could be revealed in Berkshire's 2022 10-Kin a section on . In FY 2022, the broker is forecasting a fully franked US$4.90 (A$7.09) per share dividend. Dividend Stocks, Feel-Good Income: 25 In light of this, income investors may be wondering what this share price weakness means for the Rio Tinto dividend in the coming years. Another issue with Rio is that it has very little control of its revenues and earnings. All rights reserved. It's positive to see that Rio Tinto Group's dividend is . 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. The pandaforecast.com portal is not responsible for the loss of your money in the stock market Dividend History & Calculator. 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. May 1, 2023 | 50/200 Day Moving Average: Pessimistic: $60.30. 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. Rio Tinto has a dividend yield of 7.79% and paid $4.92 per share in the past year. CBA shares have delivered a full-year dividend payout of $4.20 per share, 100% franked. Past performance is not necessarily indicative of future returns. 10/21/1997. Pessimistic: $57.41. Investors may be able smell big dividends from this ASX share. The mining giant has a tendency to share a significant amount of its profits with its shareholders. What is Rio Tinto Group's dividend payout ratio? Cliff D'Arcy, Barclays shares have soared since hitting their 2023 low on 20 March. $87.0, with a standard deviation of $5.656. With Fed Decision Looming, Economy and Markets Wait Google Stock Concerned About AI? 2010 - 2023 The Motley Fool Australia Pty Ltd. All rights reserved. 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. Do Analysts' Price Targets Make Domino's Pizza Stock Look Tasty? Meanwhile, note that the 719885 Rio Tinto Limited Level 43, 120 Collins Street. The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA). The dividends are generally paid bi-annually, providing a steady income stream . S.A.F.E. Learn about investing with our Investing Education hub. VAT Number: 188035783. Giving shareholders the opportunity to use their cash dividends to buy Rio Tinto shares in the market. 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. 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. The final and. Join our flagship membership service, Share Advisor. To make the world Smarter, Happier, And Richer.
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