Do you want straightforward views on whats happening with the stock market, direct to your inbox? Should you invest, the value of your investment may rise or fall and your capital is at risk. Listen to Our Podcast However, it is still expecting some very big yields from the mining giant. Monica O'Shea. Nothing shall substitute for the independent investigations and sound judgement of our users. The 2022 final dividend has been converted at exchange rates applicable on 21 February 2023 (the latest practicable date before the dividend was declared). Pessimistic: $58.86. Learn more on RIO's dividend yield history. Any opinions expressed are the opinions of the authors only. This represents a 5.8% dividend yield at todays prices. With your consent, our website uses cookies to distinguish you from other users of our website. Sign Up for Take Stock Add to Watchlist. Nothing shall substitute for the independent investigations and sound judgement of our users. The drop in profits and dividends sent Rio's shares tumbling more than 3% in London. It forecast capital expenditure of about $8 billion in 2022, rising. RIO TINTO LIMITED (ASX:RIO) - Share Price Analysis - FNArena Tesla Continues to Defy Expectations, Is it Buyable Again? Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. 10 Dividend Bargains You Can Buy Cheaper Than Insiders Did. Rio Tinto hands out record dividend as profits boom Rio Tinto announces record financial results and total dividend of CBA shares have delivered a full-year dividend payout of $4.20 per share, 100% franked. For example, in FY 2022, the broker expects Rio Tinto's dividend to come in at a fully franked US$8.70 (A$12.55) per share. May 1, 2023 | Here's the Rio Tinto dividend forecast for 2022 and 2023 Meanwhile, the estimate for 2023 is $5.65 per 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. 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. 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. 29 March 2022. Rio Tinto Posts Record Annual Profit on Strong China Demand - Bloomberg.com The Rio Tinto Limited (ASX: RIO) share price has returned to form on Monday. 09/24/1997. TO MAKE THE WORLD View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. The chart below shows the optimized dividends for this security over a rolling 12-month period. You can do it. Rio Tinto Group Dividend per Share Forecast for 2023 . Rio Tinto has announced returns to shareholders of $3.5 billion including interim dividend of $2.5 billion and special dividend of $1.0 billion and a 151.1 dividend per share (US cent), a 19% increase from 127.0. Not sure which dividend shares to buy? Rio Tinto Stock Dips On Weak FY22 Results, Dividend Cut Rio Tinto PLC Registered Shares Share Dividends | RIO - Fidelity and Weighted Average Best Forecast. But how much would I have, 1 May, 2023 | On 22 February 2023, Rio Tinto announced a final dividend of 225 US cents per share. Here, Im going to look at the Rio Tinto dividend forecast for 2022 and 2023. You have already added five stocks to your watchlist. 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 . in the S&P, Best Dividend Paying Stocks Analysts ADR holders receive dividends at the declared rate in US dollars. How much will one Rio Tinto share be worth in The content provided has not taken into account the particular circumstances of any specific individual or group of individuals and does not constitute personal advice or a personal recommendation. Rio Tinto Group (RIO) Dividend History, Dates & Yield - Stock Analysis Cliff D'Arcy, Barclays shares have soared since hitting their 2023 low on 20 March. Buy Cheaper Than Insiders Did, Top Ranked Dividend FTSE 100 -0.27% LSE 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. Outside of reading and researching he spends many a late night watching the English Premier League and Seinfeld reruns. A word of warning though dividend forecasts can be way off the mark at times. 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. We, Yahoo, are part of the Yahoo family of brands. Wind, sun and water what else do you need to make renewable energy work? RIO Tinto Ltd. RIO - DividendMax London Stock Exchange. All rights reserved. Currently, the stock has a forward-looking P/E ratio of just 5.5 well below the average FTSE 100 P/E. Rio Tinto ADRs. 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. Brokers are expecting these ASX shares to reward investors with big dividend yields. Please remember that investments can go up and down. S.A.F.E. FTSE 100 dividend forecasts slide amid uncertain climate 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. These Cookies allow us to analyse site usage in order to evaluate and improve its performance. 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). Rio Tinto stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. Income investors got some great news from Transurban this morning. 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. 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. Should You Be Too? Positive dynamics for Rio Tinto shares will prevail with possible volatility of 1.973%.Pessimistic target level: 64.82Optimistic target level: 66.12, Forecast target price for 05-04-2023: $65.38. According to a note out of Goldman Sachs, its analysts are expecting the big dividend payments to continue in the near term. Not sure which dividend shares to buy? How often does Rio Tinto Group pay dividends? Below Book Value, 10 Canadian Stocks The amount of dividends is $6.92 per share. Rio Tinto Group (RIO) Stock Price, News, Quote & History - Yahoo Finance Biden To Unleash "Choke Point" Operation On America? When I last covered Rio in May, for example, analysts were expecting dividends of $8.83 per share for 2022. 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. 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. They also trade at a low valuation. With your consent, our website uses cookies to distinguish you from other users of our website. 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. Investing in dividend stocks is a preferred method for those looking to enjoy a passive income stream in retirement. EBITDA is earnings before interest, income tax and depreciation of assets. Like in the Dow, Broker Darlings: Top 15 Analyst Picks 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. With that in mind, lets take a look to see what is expected from the Rio Tinto dividend in the coming years. Feb 24 + 2 more updates. There are typically 2 dividends per year (excluding specials), and the dividend cover is approximately 2.0. May 1, 2023 | A slight reduction is forecast in FY 2025 to US$5.40 (A$7.83) per share. Overview Forecast. moreover, are not trading signals. This article contains general investment advice only (under AFSL 400691). Add RIO Tinto Ltd. to receive free notifications when they declare their dividends. data provided by Zacks Investment Research via Quandl.com. Fitch forecasts around USD27.8 billion of EBITDA for 2022, moderating to a mid-cycle of around USD17 billion. 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. 2022 Interim dividend. If yes, then on this page you will find useful information about the dynamics of the Rio Tinto 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. 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. And the valuation is quite attractive too. Cenovus reported a first-quarter profit of $636 million, down from $1.6 billion in the same quarter last year. They help us know how often you come to our site and when, how long you stay and any performance issues you experience whilst you are on our site. Crossing Below Their 200 Day Moving Avg, Advertising Opportunities on Dividend Channel, Rio Tinto (RIO) & First Quantum to Advance La Granja Project, Rio Tinto's and Adidas have been highlighted as Zacks Bull and Bear of the Day. Pessimistic: $55.98. The dividends are generally paid bi-annually, providing a steady income stream . 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. Payout ratio hits 79 per cent of underlying earnings with 417 final dividend. RIO - Rio Tinto PLC Forecast - CNNMoney.com - CNN Business Rio Tinto kept its production guidance for 2022 unchanged and forecast capital expenditure of around $8 billion. The final and. Identify stocks that meet your criteria using seven unique stock screeners. We respectfully acknowledge the Traditional Custodians of the land where we live and work and pay our respects to all Elders, past and present, of all Aboriginal and Torres Strait Islander nations. DividendMax.com is owned and operated by DividendMax Ltd. Our premium tools have predicted Rio Tinto plc with 70% accuracy. The most recent change in the company's dividend was a decrease of $0.42 on Monday, February 27, 2023. In light of this, income investors may be wondering what this share price weakness means for the Rio Tinto dividend in the coming years. All rights reserved. Optimistic: $62.23, An uptrend is forecast for this month with an optimal target price of $62.1349. Are you interested in Rio Tinto Group stocks and want to buy them, or are they already in 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 Rio Tinto ltd announce a $16.8 billion full-year dividend. RIO TINTO PLC : Financial Data Forecasts Estimates and Expectations For convenience, prices are divided by color. The Motley Fool Australia operates under AFSL 400691. Rio Tinto Limited (RIO), an ASX-listed company, is engaged in minerals and metals exploration, development, production and processing.