Currencies are a big influence of earnings each year. United Kingdom. Optimistic: $66.63. So, Im happy to give Rio Tinto shares a miss. Rio Tinto paid a total annual dividend of $6.53 per share over the last 12 months, with a dividend yield of 6.27%. Try Premium The Company's segments include Iron Ore, Aluminium, Copper & Diamonds, Energy & Minerals and Other Operations. On 22 February 2023, Rio Tinto announced a final dividend of 225 US cents per share. and Weighted Average Best Forecast. Rio Tinto declared a full-year dividend, including special dividends, of $10.40 per share, up 87% year-on-year. Pessimistic: $55.98. The Motley Fool Australia has no position in any of the stocks mentioned. Back to RIO Overview. Income investors got some great news from Transurban this morning. For more information please see our Financial Services Guide. How much is Rio Tinto's dividend? The dividend is paid every six months and the last ex-dividend date was Mar 9, 2023. Dividend Yield 7.69% Annual Dividend $4.92 Ex-Dividend Date Mar 9, 2023 Payout Frequency Semi-Annual Payout Ratio 97.30% Dividend Growth -52.69% Dividend History Export 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 The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. When should I record a loss on Rio Tinto stock? Phone: (03) 8592 4841 Biden To Unleash "Choke Point" Operation On America? The drop in profits and dividends sent Rio's shares tumbling more than 3% in London. These yields are obviously still massive, even if theyre below the trailing yield of 18.4%. 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. Real-time analyst ratings, insider transactions, earnings data, and more. The Motley Fool Australia has no position in any of the stocks mentioned. James Mickleboro. 85.67% of 300 companies. 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 . 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. Wed, Mar 22, 5:31 AM, Zacks At present, analysts expect Rio Tinto to continue paying big dividends this year and next. Our most intelligent mine yet is pioneering new mining technologies, A long-life, low-cost and low-carbon lithium source, The worlds largest untapped high-grade iron ore deposit. Crossing Below Their 200 Day Moving Average, 10 May 2, 2023 | (844) 978-6257. Our latest articles and strategies for the post-work life you want. S.A.F.E. The next Rio Tinto plc dividend is expected to go ex in 3 months and to be paid in 5 months. 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. If I had bought it at 60 in early June, for example, Id now be sitting on a near-20% loss. 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. 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. Forward P/E uses projections of future earnings instead of final numbers. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Dividend Stocks Crossing Above Their 200 DMA, 10 RIO TINTO PLC : Financial Data Forecasts Estimates and Expectations | RIO | GB0007188757 | MarketScreener. In light of this, income investors may be wondering what this share price weakness means for the Rio Tinto dividend in the coming years. Rio Tinto plc ADR holders received 309 US cents per ADR for the final dividend. contact@marketbeat.com Pessimistic: $59.07. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. 'The recovery of the global economy, . Although that's a 50% drop from 2021, it was still a very good performance compared to any other year in the company's history. How many times is the dividend covered by company income. These two growth stocks are trading at rock-bottom valuations. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. 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. In FY 2022, the broker is forecasting a fully franked US$4.90 (A$7.09) per share dividend. How much will one Rio Tinto share be worth in They also trade at a low valuation. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. To see all exchange delays and terms of use please see Barchart's disclaimer. Such dividends are known are franked dividends. Hear our experts take on shares, the market & how to invest. Do you need a financial advisor for your pension? Another issue with Rio is that it has very little control of its revenues and earnings. 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. We take a look at how you could receive passive income from two iron ore miners. Rio Tinto has a dividend yield of 7.79% and paid $4.92 per share in the past year. stock price in 2023, 2024, 2025, 2026, 2027. Pessimistic: $57.41. 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. 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 dividend for the first half equates to $4.3 billion and was still Rio's second-highest interim payout ever. P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit. The Motley Fool Australia operates under AFSL 400691. Rio Tinto stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. Is United Airlines Playing a Game of Limbo with Its Guidance? James Mickleboro has been a Motley Fool contributor since late 2015. Pessimistic: $60.30. 50/200 Day Moving Average: The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA). 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. Guidance from Rio Tinto has been maintained with the exception of mined copper production, lowered to 590-640,000t in 2023. The Motley Fool launched its Australian presence in 2011, and since then has grown to reach over 1 million Australians. Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. 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). The amount of dividends is $6.92 per share. Learn more. Brokers are expecting these ASX shares to reward investors with big dividend yields. The application of the system results in the tax paid by the Company being allocated to shareholders by way of imputation credits attaching to the dividends they receive. These Cookies allow us to analyse site usage in order to evaluate and improve its performance. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. These Cookies are used by advertising companies to inform and serve personalised ads to your devices based on your interests. The profit works out to 32 cents per diluted share, down from 79 cents per diluted share a year earlier. Become a Motley Fool member today toget instant access to our top analyst recommendations, in-depth research, investing resources, and more. Below Book Value, 10 Canadian Stocks Pessimistic: $58.86. For full RIO dividend history see Rio Tinto dividend history page. 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.. 2010 - 2023 The Motley Fool Australia Pty Ltd. All rights reserved. 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 bycontacting us). (ranked lower than approx. 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. The ex-dividend date for the 2022 final dividend for Rio Tinto Limited, Rio Tinto plc and Rio Tinto plc ADR shareholders is 9 March 2023. RIO's dividend payout ratio is 97.3%, which is not sustainable. 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. Pessimistic: $56.28. Duolingo Speaking Volumes: Forms Bullish Chart Ahead of Earnings, Open Rio Tinto Group in Dividend Calculator , Open Rio Tinto Group in Dividend Yield Calculator . The group has a solid reputation, mining aluminium, copper, gold, diamond, iron and lead. 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. as a result of using the information contained on the site. (Next month, 2023, 2024, 2025, 2026 and 2027) This Service provides only general, and not personalised financial advice, and has not taken your personal circumstances into account. 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 How we process personal data provided or obtained through this website. This implies potential upside of almost 27% for investors over the next 12 months. Giving shareholders the opportunity to use their cash dividends to buy Rio Tinto shares in the market. These kinds of stocks are more defensive in nature and less likely to experience massive share price swings. But how much would I have, 1 May, 2023 | Meanwhile, the estimate for 2023 is $5.65 per share. When using the forecast data, the investor assumes all financial risks. Bernd Struben. However, the payout is not expected to be as large as the one last year (which included some 'special' dividends). Based on the current Rio Tinto share price, this would mean a very generous fully franked 12.1% dividend yield for investors. There are typically 2 dividends per year (excluding specials), and the dividend cover is approximately 1.6. 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. 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. The mining giant has a tendency to share a significant amount of its profits with its shareholders. Rio Tinto dividend forecasts At present, analysts expect Rio Tinto to continue paying big dividends this year and next. Not sure which dividend shares to buy? Currently, the stock has a forward-looking P/E ratio of just 5.5 well below the average FTSE 100 P/E. Meanwhile, the estimate for 2023 is $5.65 per share. You can do it. And Edward Sheldon believes they could jump when investor sentiment improves. We accept no liability whatsoever for any decision made or action taken or not taken. The Aluminium business includes bauxite mines, alumina refineries and aluminum smelters. Forecast target price for 05-03-2023: $65.25. 09/24/1997. May 1, 2023 | So bleiben Sie entspannt und verpassen dennoch keine Gelegenheit. Circumstances change continuously and caution should therefore be exercised when relying upon any content contained within this article. Get the latest news, stories and updates. FORECAST Citi forecasts a full year FY23 dividend of 635.29 cents and EPS of 1066.03 cents. 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. $87.0, with a standard deviation of $5.656. 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. It currently has a buy rating and $121.50 price target on the companys shares. Rio Tinto Ltd Stock Forecast, Predictions & Price Target.
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