Forecast target price for 05-03-2023: $65.25. 2022 Rev Forecast 50.22B 2023 Rev Forecast 49.12B 2024 Rev Forecast 48.95B . Based on the current Rio Tinto share price of $98.19, this will mean a yield of 7.2%. Any imputation credits attached to the dividend are shown in the Dividend Statement provided to shareholders. . What is the future of Rio Tinto stock? Based on the current Rio Tinto share price of $98.19, this will mean a yield of 7.2%. 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. Cookies contain information that is transferred to your computer's hard drive. Der Dividenden Alarm benachrichtigt Sie per Mail, sobald eine Ihrer Wunschaktien anhand der Dividendenrendite ein Kauf- oder Verkaufssignal generiert. 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. Based on the current Rio Tinto share price, this would mean a very generous fully franked 12.1% dividend yield for investors. 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. Shares Short Prior Month - the number of shares in short positions in the last month. Should You Be Too? So, while I may be set to pick up some big dividends, I could end up losing money overall. This article contains general investment advice only (under AFSL 400691). 2022 half year results announcement. Alan Oscroft, Not got started with the new Stocks and Shares ISA allowance yet? Rio Tinto paid a total annual dividend of $6.53 per share over the last 12 months, with a dividend yield of 6.27%. Our friendly customer service team will happily get back to you as soon as they can. Pessimistic: $60.30. 'Broker forecast' and 'Recent trades' provided by MoneyAM. There are typically 2 dividends per year (excluding specials), and the dividend cover is approximately 2.0. All DividendMax content is provided for informational and research purposes only and is not in any way meant to represent trade or investment recommendations. Enter the number of We take a look at how you could receive passive income from two iron ore miners. Investors' optimism about the company's current quarter earnings report is understandable. 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. Back to RIO Overview. The table below shows the full dividend history for RIO Tinto Ltd. 1998 2023 The Motley Fool. 2010 - 2023 The Motley Fool Australia Pty Ltd. All rights reserved. Our friendly customer service team will happily get back to you as soon as they can. For more information please see our Financial Services Guide. multiplying the number of shares in the company outstanding by the market price of one share. We take a look at how you could receive passive income from two iron ore miners. May 2, 2023 | Shareholders received an $8bn dividend, or $4.92 per share. Please remember that investments can go up and down. James Mickleboro. Pessimistic: $61.15. The current dividend yield for Rio Tinto Group is 7.11%. One of the most popular options out there for income investors is the Rio Tinto Limited (ASX: RIO) dividend. Rio Tinto (LSE: RIO) is one of the highest-yielding stocks in the FTSE 100 index. All rights reserved. London SW1Y 4AD. Optimistic: $62.23, An uptrend is forecast for this month with an optimal target price of $62.1349. Learn more on RIO's annual dividend history. And this for good reason. The Motley Fool Australia operates under AFSL 400691. This was the start of a love affair with Australian equities and he hasn't looked back since. Rio Tinto Ltd Stock Forecast, Predictions & Price Target. Pessimistic: $58.86. The Rio Tinto Limited (ASX: RIO) share price has returned to form on Monday. Rio Tinto has a dividend yield of 7.69% and paid $4.92 per share in the past year. May 1, 2023 | 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. The chart below shows the historical price of Rio Tinto stock and a prediction chart for the next month. Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. It is calculated by the formula James Mickleboro. To make the world Smarter, Happier, And Richer. 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. These yields are obviously still massive, even if theyre below the trailing yield of 18.4%. 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. For example, in FY 2022, the broker expects Rio Tintos dividend to come in at a fully franked US$8.70 (A$12.55) per share. According to a note out of Goldman Sachs, its analysts are expecting the big dividend payments to continue in the near term. | Registered in England & Wales. Heres how this dividend stock could help you build a growing passive income stream. Learn more on RIO's dividend yield history. As a result, broker forecasts suggest. 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. The Aluminium business includes bauxite mines, alumina refineries and aluminum smelters. The amount of dividends is $6.92 per share. We expect net debt to remain at around USD5.5 billion-USD6.5 billion until 2023 and FFO gross leverage at below 1.0x. In FY 2022, the broker is forecasting a fully franked US$4.90 (A$7.09) per share dividend. Rio Tinto 's dividend is higher than the US industry average of 4.48%, and it is higher than the US market average of 4.39%. Not sure which dividend shares to buy? In 2022, Rio Tinto's revenue was $55.55 billion, . If you do not want us and our partners to use cookies and personal data for these additional purposes, click 'Reject all'. Get Started Investing Meanwhile, the estimate for 2023 is $5.65 per share. The thing is though, Rio Tinto is a highly cyclical company and as a result its share price is extremely volatile. Win at Retirement However, the payout is not expected to be as large as the one last year (which included some special dividends). The purchase price of 41.4% stake could be revealed in Berkshire's 2022 10-Kin a section on . Income investors got some great news from Transurban this morning. Meanwhile, the estimate for 2023 is $5.65 per share. In light of this, income investors may be wondering what this share price weakness means for the Rio Tinto dividend in the coming years. 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. Nothing shall substitute for the independent investigations and sound judgement of our users. TO MAKE THE WORLD Add Rio Tinto plc to receive free notifications when they declare their dividends. 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 Company operates an iron ore business, supplying the global seaborne iron ore trade. Biden To Unleash "Choke Point" Operation On America? James Mickleboro has been a Motley Fool contributor since late 2015. Cenovus reported a first-quarter profit of $636 million, down from $1.6 billion in the same quarter last year. It is our main reporting currency and consequently the natural currency for dividend determination. Learn more on RIO's annual dividend history. The 2020 final dividend, equivalent to 309 US cents per share was determined by the board on 17 February 2021. They also trade at a low valuation. 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. Trailing P/E depends on what has already been done. When I last covered Rio in May, for example, analysts were expecting dividends of $8.83 per share for 2022. Das Gewinnwachstum stets im Blick Dank Integration in den Aktienfinder haben Sie das langfristige Gewinnwachstum stets im Blick. The previous RIO Tinto Ltd. dividend was 326.49c and it went ex 2 months ago and it was paid 11 days ago. 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. May 1, 2023 | EBITDA is earnings before interest, income tax and depreciation of assets. 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. Find out more about how we use your personal data in our privacy policy and cookie policy. 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. By Alex Hamer. Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price. In FY 2022, the broker is forecasting a fully franked US$4.90 (A$7.09) per share dividend. Analysts' Current Least Favorites, 10 ETFs With Stocks That The latest Rio Tinto plc (RIO) Ordinary 10p share price . The Company's segments include Iron Ore, Aluminium, Copper & Diamonds, Energy & Minerals and Other Operations. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. Rio Tinto Group (NYSE:RIO) earnings and revenue forecasts, price targets, future return on equity. The basis of the Australian dividend imputation system is that when Australian resident shareholders receive dividends from Rio Tinto Limited, they may be entitled to a credit for the tax paid by the Company in respect of that income, depending on the tax status of the shareholder. Prior to launching his own investment writing business in 2017, he spent 15 years working in private wealth management and institutional asset management, both in the UK and in Australia. The dividend will be paid on 20 April 2023 to Rio Tinto Limited, Rio Tinto plc and Rio Tinto plc ADR shareholders on the register at the close of business on 10 March 2023 (record date). The Motley Fool Australia does not guarantee the performance of, or returns on any investment. Get daily stock ideas from top-performing Wall Street analysts. United Kingdom. Not sure which dividend shares to buy? Another issue with Rio is that it has very little control of its revenues and earnings. Australian Securities Exchange (A$) RIO: AX. A word of warning though dividend forecasts can be way off the mark at times. Heres a look at the divi forecasts for this year and next. In FY 2023, the broker is forecasting a similarly big dividend from Australias second largest miner. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, Registered shareholders may elect to have cash dividends paid directly into any bank, building society or credit union account. Currencies are a big influence of earnings each year. 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. You can change your choices at any time by clicking on the 'Privacy dashboard' links on our sites and apps. Get 30 Days of MarketBeat All Access Free, By creating a free account, you agree to our. Add RIO Tinto Ltd. to receive free notifications when they declare their dividends. The Motley Fool has a disclosure policy. Stocks listed on overseas exchanges may be subject to additional dealing and exchange rate charges, administrative costs, withholding taxes and different accounting and reporting standards. Investment news, stock ideas, and more, straight to your inbox. The profit works out to 32 cents per diluted share, down from 79 cents per diluted share a year earlier. And Edward Sheldon believes they could jump when investor sentiment improves. Ill also discuss whether Id buy this income stock for my portfolio today. 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. These Cookies are used by advertising companies to inform and serve personalised ads to your devices based on your interests. See what's happening in the market right now with MarketBeat's real-time news feed. 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. This implies potential upside of 24% from current levels. Such dividends are known are franked dividends. The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Rio Tinto shares. Is the 149% Dividend for ZIM Integrated Shipping in Jeopardy? Currently, the dividend forecast for 2022 is $7.22 per share. Since then, the forecast has fallen by 18%. The pandaforecast.com portal is not responsible for the loss of your money in the stock market In-depth profiles and analysis for 20,000 public companies. This is illustrated by the fact that since early June, the stock has fallen from above 60 to near 48. Rio Tinto LTD is a mining and metals company. Learn More. Should I buy or sell RIO stock? Yields Got More Juicy, 10 Must-Know 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. Last year, Rio Tinto paid out a monster dividend to shareholders. High-Yield Canadian Energy Stocks, 10 Canadian Stocks Crossing 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. 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. It uses the current share price and divides it by the total earnings per share for the last 12 months. Should you invest, the value of your investment may rise or fall and your capital is at risk. 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. Based on the current Rio Tinto share price, this would mean a very generous fully franked 12.1% dividend yield for investors. With your consent, our website uses cookies to distinguish you from other users of our website. Rio Tinto ADRs. Sign-up for free Start Dividend Turbo Boost your dividends The Dividend Turbo creates buy and sell signals based on the dividend yield. Guidance from Rio Tinto has been maintained with the exception of mined copper production, lowered to 590-640,000t in 2023. The dividend yield is calculated by dividing the annual dividend payment by the prevailing share price. 2022-12-13: Paul McTaggart. This happens once a day. Jon Smith explains why the old investing adage doesn't apply for passive income investors wanting to build long-term wealth. of the Dow, Top 25 Broker Analyst Picks of the (844) 978-6257. Year after year, she has been able to cut production costs. Rio Tinto increases its 2017 interim dividend by 144% in dollar terms. Rio Tinto PLC. Rio Tinto's Dividends per Share for the six months ended in Dec. 2022 was $2.67. RIO's Forward Dividend Yield % is ranked better than. Rio Tinto is an Australian-British multinational corporation with a mining and metallurgical profile. The majority of earnings come from the base metal side of the group. 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. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Rio Tinto stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. Finding better ways to provide the materials the world needs. This is not what I want from an income stock. contact@marketbeat.com What is Rio Tinto Group's dividend payout ratio? Listen to Our Podcast Currency conversion date . These Cookies also facilitate sharing information with social networks or recording your interactions with particular ads. 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 in the Metals & Mining industry. Join our flagship membership service, Share Advisor. The company also cut its capital investment forecast for 2022 by $500 million to $7.5 billion. The dividend forecast is attractive, however, all things considered, I think there are better income stocks out there for me. 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. If commodity prices were to plummet, its revenues and profits would most likely plummet too. All rights reserved. Daily market news in bullet point format. 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. 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 has reported its best-ever annual profit and a record full-year dividend of US$16.8bn, boosted by higher iron ore prices and strong demand from top consumer China. 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. These kinds of stocks are more defensive in nature and less likely to experience massive share price swings. Do you need a financial advisor for your pension? 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. American Consumer News, LLC dba MarketBeat 2010-2023. Rio Tinto Group pays annually dividends to shareholders. CASH. CBA shares have delivered a full-year dividend payout of $4.20 per share, 100% franked. How much is Rio Tinto Group's annual dividend? DividendMax.com is owned and operated by DividendMax Ltd. Our premium tools have predicted RIO Tinto Ltd. with 68% accuracy. How much will one Rio Tinto share be worth in All rights reserved. If yes, then on this page you will find useful information about the dynamics of the Rio Tinto 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. Dividend overview information including history and calculator. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Like in the Dow, Broker Darlings: Top 15 Analyst Picks Hold: Downgrades: N/A: N/A: 2022-12-02: 1 of 1. We work across six continents in around 35 countries. Listen to Our Podcast Rio Tinto declared a full-year dividend, including special dividends, of $10.40 per share, up 87% year-on-year. Optimistic: $63.35, An uptrend is forecast for this month with an optimal target price of $63.244. Currently, the dividend forecast for 2022 is $7.22 per share. May 1, 2023 | The 2022 final dividend has been converted at exchange rates applicable on 21 February 2023 (the latest practicable date before the dividend was declared). Optimistic: $60.55, An downtrend is forecast for this month with an optimal target price of $58.4112. 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
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