All DividendMax content is provided for informational and research purposes only and is not in any way meant to represent trade or investment recommendations. Finally, its analysts are anticipating a reduction in the Rio Tinto dividend to US$3.90 (A$5.65) per share in FY 2026. Learn more on RIO's dividend yield history. The Motley Fool Australia has no position in any of the stocks mentioned. 326 E 8th St #105, Sioux Falls, SD 57103 Enter the number of As soon as information becomes available, we will immediately update the data. 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. 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. 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 Authorised by Scott Phillips. At the current share price and exchange rate, these projected payouts translate to yields of 12.6% and 9.9% respectively. Dividend Alarm Email stock price in 2023, 2024, 2025, 2026, 2027. Pessimistic: $58.70. Investors may be able smell big dividends from this ASX share. 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. 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. 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. 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 . Cookies contain information that is transferred to your computer's hard drive. All rights reserved. as a result of using the information contained on the site. We aim to deliver superior returns to our shareholders while safeguarding the environment and meeting our obligations to wider society. How many times is the dividend covered by company income. DividendMax.com is owned and operated by DividendMax Ltd. Our premium tools have predicted RIO Tinto Ltd. with 68% accuracy. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. However, the payout is not expected to be as large as the one last year (which included some special dividends). 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. Visit our . Is this, To make the world Smarter, Happier, And Richer. Negative dynamics for Rio Tinto shares will prevail with possible volatility of 2.995%.Pessimistic target level: 63.98Optimistic target level: 65.95, An downtrend is forecast for this month with an optimal target price of $63.0354. Iron ore is the dominant commodity, with significantly lesser contributions from copper,. Equities. Meanwhile, the estimate for 2023 is $5.65 per share. highest RIO forecast in the analyst group was $95.0, and the lowest RIO forecast in the analyst group was The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA). Contact Details: Join our flagship membership service, Share Advisor. The dividend yield on the company stock is 14.21%, while its Forward Dividend ratio is 9.09. Rio Tinto is an Australian-British multinational corporation with a mining and metallurgical profile. How much is Rio Tinto Group's annual dividend? Rio Tinto Group Announces Full-Year ordinary Dividend, Payable 21 April 2022. Currencies are a big influence of earnings each year. Rio Tinto plc 6 St James's Square. Rio Tinto PLC. The Company operates an iron ore business, supplying the global seaborne iron ore trade. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into 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. Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. Wind, sun and water what else do you need to make renewable energy work? Do you want straightforward views on whats happening with the stock market, direct to your inbox? Getting Started With Options Trading Has Never Been So Easy. median RIO forecast price target (median being the middle where half of analysts had a higher RIO forecast and half had a lower RIO forecast, which is a different metric than the average or mean) was $91.0 as of 2023-05-01, while the 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. The chart below shows the historical price of Rio Tinto stock and a prediction chart for the next month. 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. 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 Pessimistic: $61.15. Based on the current Rio Tinto share price, this would mean a very generous fully franked 12.1% dividend yield for investors. 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. 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. 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. A cover of 1 means all income is paid out in dividends, The Consecutive Annual Dividend Increases - the number of years this company has been increasing its dividends, https://cdn.dividendmax.com/assets/dividendmax-logo-69fb3a77a84cafdd3c25b46bcb112fc0bc5f3767d1c22ca1cbbae5f7cf9fb091.png. 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 most recent change in the company's dividend was a decrease of $0.42 on Monday, February 27, 2023. Optimistic: $60.55, An downtrend is forecast for this month with an optimal target price of $58.4112. Biden To Unleash "Choke Point" Operation On America? 09/24/1997. The Motley Fool Australia operates under AFSL 400691. Pessimistic: $57.41. I prefer income stocks that are a little more stable, such as Unilever and Diageo. You can do it. Confirming its position as one of the big winners . Rio Tinto announces full-year ordinary dividend of $6.2 billion. 10 Dividend Bargains You Can Buy Cheaper Than Insiders Did. And Edward Sheldon believes they could jump when investor sentiment improves. Authorised by Scott Phillips. Listen to Our Podcast Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Monica O'Shea. When was Rio Tinto Group's most recent ex-dividend date? Add to watchlist; Add to portfolio; Add an alert; Basic MaterialsIndustrial Metals and Mining. Daily market news in bullet point format. ASX investors on the hunt for passive income wont find much better yields than from these two stocks. This was the start of a love affair with Australian equities and he hasn't looked back since. Pessimistic: $58.86. This helps us to provide you with a good experience when you browse our website and also allows us to improve our site. This implies potential upside of almost 27% for investors over the next 12 months. Sebastian Bowen. The 2020 final dividend was paid on 15 April 2021 to holders of Rio Tinto plc and Rio Tinto Limited ordinary shares and Rio Tinto plc ADR holders. The previous RIO Tinto Ltd. dividend was 326.49c and it went ex 2 months ago and it was paid 11 days ago. Forecast target price for 05-03-2023: $65.25. Is the 149% Dividend for ZIM Integrated Shipping in Jeopardy? 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. Optimistic: $62.21, An downtrend is forecast for this month with an optimal target price of $58.7606. 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. The dividend is paid every six months and the last ex-dividend date was Mar 9, 2023. But what exactly caused this FTSE 100 stock, AstraZeneca shares have been the FTSE 100's standout star over the past five years. Australian Financial Services Licence (AFSL): 400691, The Motley Fool Australia, PO Box 104, Isle of Capri, Qld 4217. 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. This happens once a day. 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, What are analysts' forecasts for Rio Tinto stock? When did Rio Tinto Group last increase or decrease its dividend? The Motley Fool has a disclosure policy. 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. Outside of reading and researching he spends many a late night watching the English Premier League and Seinfeld reruns. They may have other tax implications, and may not provide the same, or any, regulatory protection. Rio Tinto kept its production guidance for 2022 unchanged and forecast capital expenditure of around $8 billion. . These yields are obviously still massive, even if theyre below the trailing yield of 18.4%. and Weighted Average Best Forecast. Based on the current Rio Tinto share price, this would mean a very generous fully franked 12.1% dividend yield for investors. Rio Tinto Ltd Stock Forecast, Predictions & Price Target. May 1, 2023 | 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. This announcement is authorised for release to the market by Rio Tinto's Group Company Secretary. Giving shareholders the opportunity to use their cash dividends to buy Rio Tinto shares in the market. Crossing Above Their 200 Day Moving Average, 10 Stocks Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price. Payout ratio hits 79 per cent of underlying earnings with 417 final dividend. All rights reserved. Get daily stock ideas from top-performing Wall Street analysts. Consider taking independent financial advice. Pessimistic: $55.98. No. Bookmark our portal to stay updated. Nothing shall substitute for the independent investigations and sound judgement of our users. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. After a 40% Drop, Analysts Remain Bullish on Impinj, Visa Charges Higher After Better-Than-Expected Q2 Report, onsemi Puts A Bottom in Chip Stocks, Heads For New Highs, Checkpoint Software Leads Cyber-Security Stocks. The amount of dividends is $6.92 per share. Forward P/E uses projections of future earnings instead of final numbers. James Mickleboro has been a Motley Fool contributor since late 2015. Contact Details: So bleiben Sie entspannt und verpassen dennoch keine Gelegenheit. Duolingo Speaking Volumes: Forms Bullish Chart Ahead of Earnings, Open Rio Tinto Group in Dividend Calculator , Open Rio Tinto Group in Dividend Yield Calculator . Rio Tinto Group, whose market valuation is $106.13 billion at the time of this writing. Sign-up for free Start Dividend Turbo Boost your dividends The Dividend Turbo creates buy and sell signals based on the dividend yield. Sure, the yield looks attractive right now. Investors' optimism about the company's current quarter earnings report is understandable. Registered shareholders may elect to have cash dividends paid directly into any bank, building society or credit union account. 2022 Interim dividend. As for whether Id buy Rio Tinto shares for income, I dont see them as a good fit for my portfolio. Das Gewinnwachstum stets im Blick Dank Integration in den Aktienfinder haben Sie das langfristige Gewinnwachstum stets im Blick. Optimistic: $61.01, An downtrend is forecast for this month with an optimal target price of $58.4609. 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. Fitch forecasts around USD27.8 billion of EBITDA for 2022, moderating to a mid-cycle of around USD17 billion. This article contains general investment advice only (under AFSL 400691). RIO Rio Tinto (RIO) stock Forecast for 2022 - 2026 Last update: April 30, 2023 (10:55) Sector: Basic materials The share price of Rio Tinto Group (RIO) now RIO Rio Tinto Plc 63.99 D 0.46% (0.29) What analysts predict: $78.67 52-week High/Low: $89.72 / $59.58 50/200 Day Moving Average: $71.7 / $74.93 Melbourne 3000. In 2030, professionals predict that Rio Tinto Group's EBITDA will decrease by 23.57%, to 25.68B. Shareholders received an $8bn dividend, or $4.92 per share. May 1, 2023 | What is Rio Tinto Group's dividend yield? Crossing Below Their 200 Day Moving Average, 10 Ill also discuss whether Id buy this income stock for my portfolio today. This Service provides only general, and not personalised financial advice, and has not taken your personal circumstances into account. It uses the current share price and divides it by the total earnings per share for the last 12 months. 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. So, when times are good for this mining giant, big dividends are often declared. Do you need a financial advisor for your pension? 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. Registered Office: 5 New Street Square, London EC4A 3TW. In FY 2022, the broker is forecasting a fully franked US$4.90 (A$7.09) per share dividend. Price (GBX) Today's Change 5.00 / 0.10%; Shares traded 2.88m; 1 Year change-11.51%; Beta 0.8301; Data delayed at least 20 minutes, as of Apr 28 2023 17:48 BST. TO MAKE THE WORLD A cover of 1 means all income is paid out in dividends, The Consecutive Annual Dividend Increases - the number of years this company has been increasing its dividends, https://cdn.dividendmax.com/assets/dividendmax-logo-69fb3a77a84cafdd3c25b46bcb112fc0bc5f3767d1c22ca1cbbae5f7cf9fb091.png. Analysts' Current Least Favorites, 10 ETFs With Stocks That 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. CASH. 'Broker forecast' and 'Recent trades' provided by MoneyAM. View which stocks are hot on social media with MarketBeat's trending stocks report. Rio Tinto PLC is a mining and exploration company. 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 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. 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. The Copper & Diamonds segment has managed operations in Australia, Canada, Mongolia and the United States, and non-managed operations in Chile and Indonesia. We take a look at how you could receive passive income from two iron ore miners. Sign in 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. Rio Tinto ADRs. To make the world Smarter, Happier, And Richer. In FY 2023, the broker is forecasting a similarly big dividend from Australias second largest miner. We take a look at how you could receive passive income from two iron ore miners. Crossing Above Their 200 Day Moving Avg, 10 Canadian Stocks It forecast capital expenditure of about $8 billion in 2022, rising. The dividend for the first half equates to $4.3 billion and was still Rio's second-highest interim payout ever. So, theres no guarantee that Rio will pay these kinds of distributions. See what's happening in the market right now with MarketBeat's real-time news feed. These Cookies allow us to analyse site usage in order to evaluate and improve its performance.