Learn about investing with our Investing Education hub. . Should I buy or sell RIO stock? Australian Financial Services Licence (AFSL): 400691, The Motley Fool Australia, PO Box 104, Isle of Capri, Qld 4217. All Analysts Top Analysts. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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. 27 July 2022. Should investors buy them? Rio Tinto announces full-year ordinary dividend of $6.2 billion. 'Broker forecast' and 'Recent trades' provided by MoneyAM. Registered Office: 5 New Street Square, London EC4A 3TW. Brokers are expecting these ASX shares to reward investors with big dividend yields. 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. You Can Buy Cheaper Than Insiders Did, 10 Stocks May 1, 2023 | Stocks With Insider Buying, Best Dividend Stocks Analysts Like Get Started Investing Rio Tinto paid a total annual dividend of $6.53 per share over the last 12 months, with a dividend yield of 6.27%. (12/2022) Quarter Ending (9/2022) Quarter Ending However, it is still expecting some very big yields from the mining giant. Optimistic: $66.63. 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. CASH. We accept no liability whatsoever for any decision made or action taken or not taken. Income investors got some great news from Transurban this morning. All DividendMax content is provided for informational and research purposes only and is not in any way meant to represent trade or investment recommendations. At present, analysts expect Rio Tinto to continue paying big dividends this year and next. Hear our experts take on shares, the market & how to invest. Positive dynamics for Rio Tinto shares will prevail with possible volatility of 2.029%.Pessimistic target level: 64.25Optimistic target level: 65.58, Forecast target price for 05-08-2023: $64.98. Crossing Above Their 200 Day Moving Average, 10 Stocks With the exception of the use of cookies, Rio Tinto generally does not seek to collect personal data through this website. 09/24/1997. 2010 - 2023 The Motley Fool Australia Pty Ltd. All rights reserved. In FY 2022, the broker is forecasting a fully franked US$4.90 (A$7.09) per share dividend. Should you invest, the value of your investment may rise or fall and your capital is at risk. You can do it. The 2021 full year results release is available here. Pessimistic: $57.41. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Analysts' Current Least Favorites, 10 ETFs With Stocks That 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. 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. Heres a look at the divi forecasts for this year and next. Such dividends are known are franked dividends. 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. in the Metals & Mining industry. 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 pandaforecast.com portal is not responsible for the loss of your money in the stock market Past performance is not necessarily indicative of future returns. And Edward Sheldon believes they could jump when investor sentiment improves. In 2030, professionals predict that Rio Tinto Group's EBITDA will decrease by 23.57%, to 25.68B. 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. What is Rio Tinto Group's dividend payout ratio? It will pay a $4.3 billion dividend. 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. 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. 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. 09/26/1997. It uses the current share price and divides it by the total earnings per share for the last 12 months. It is our main reporting currency and consequently the natural currency for dividend determination. Investment news, stock ideas, and more, straight to your inbox. Dividend overview information including history and calculator. Meanwhile, the estimate for 2023 is $5.65 per share. 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). The note reveals that its analysts have a buy rating and $131.00 price target on its shares. The thing is though, Rio Tinto is a highly cyclical company and as a result its share price is extremely volatile. According to a note out of Goldman Sachs, its analysts are expecting the big dividend payments to continue in the near term. stock price in 2023, 2024, 2025, 2026, 2027. 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. As soon as information becomes available, we will immediately update the data. Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. 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. Rio Tinto is an Australian-British multinational corporation with a mining and metallurgical profile. 'The recovery of the global economy, . 2022 Rev Forecast 50.22B 2023 Rev Forecast 49.12B 2024 Rev Forecast 48.95B . 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. Enter the number of However, the payout is not expected to be as large as the one last year (which included some special dividends). The Motley Fool Australia operates under AFSL 400691. 719885 Rio Tinto Limited Level 43, 120 Collins Street. 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. Since then, the forecast has fallen by 18%. When did Rio Tinto Group last increase or decrease its dividend? Upgrade to MarketBeat All Access to add more stocks to your watchlist. Income investors got some great news from Transurban this morning. With your consent, our website uses cookies to distinguish you from other users of our website. In GBP that's a dividend of almost 8.50 from . Add to Watchlist. Please remember that investments can go up and down. May 1, 2023 | 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 Rio Tinto LTD is a mining and metals company. S.A.F.E. 2023 Stock Analysis. Jon Smith explains why the old investing adage doesn't apply for passive income investors wanting to build long-term wealth. 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. 2022-12-13: Paul McTaggart. 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. 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. Pessimistic: $59.07. 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. In-depth profiles and analysis for 20,000 public companies. As a result, broker forecasts suggest. Rio Tinto announce a $8.0 billion full-year dividend, equivalent to 492 US cents per share, The Rio Tintoannounce a $8.0 billion full-year dividend, equivalent to 492 US cents per share, Rio Tinto Plc have announced an interim ordinary dividend of 267 US cents per share. Nevertheless, this still means a very attractive 8% dividend yield. 50/200 Day Moving Average: The dividend for the first half equates to $4.3 billion and was still Rio's second-highest interim payout ever. For Rio Tinto stocks, the 200-day moving average is the resistance level today. In FY 2022, the broker is forecasting a fully franked US$4.90 (A$7.09) per share dividend. 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 EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA). Cookies contain information that is transferred to your computer's hard drive. 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. Rio Tinto Group's most recent annually dividend payment of $2.25 per share was made to shareholders on Thursday, April 20, 2023. On 22 February 2023, Rio Tinto announced a final dividend of 225 US cents per share. Is the 149% Dividend for ZIM Integrated Shipping in Jeopardy? 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.
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