In this section of the page, you will find all the information you need to understand how Rio Tinto Group (RIO) dividends work. In addition, you will be able to consult the payment date, the ex-dividend date, the last day to be entitled to the payment, the money to be received per share, the yield and any other doubts that may arise.
Upcoming Rio Tinto Group dividend
Change(%)
+5.65%
Increase
Next payment 1.87€
Next payment date Apr 9, 2024
Last payment 1.77€
Last payment date Sep 21, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 2/27/24
Estimated

Rio Tinto Group will distribute 1,87 euros per share in the form of a dividend on April 9, 2024.

The February 27, 2024 is the ex-dividend date. So if you wish to receive Rio Tinto Group dividends, you must buy one day before this date.

Rio Tinto Group distributed 1.77 euros per share in the form of a dividend on September 21, 2023.

Rio Tinto Group determines the amount of the dividend according to the results of the financial year, weighting the balance between the interim and final profit.

Payments are made semiannually, twice a year, the first in April and the second in September, with an annual dividend yield of approximately 8%.

Due to the restrictions caused by the COVID-19 pandemic, the organization informed that they will reduce the annual dividend until production and distribution channels are restored.

Payout Ratio Rio Tinto Group Dividends

Rio Tinto Group paid 9% of its net income in the last fiscal period as dividends.
Dividend payout ratio

The dividend payout ratio, also known as the payout ratio, is an essential indicator for assessing the stability of a company's dividends. This ratio shows what proportion of the company's net profit is used to pay dividends to shareholders.

Dividend payout ratio = Total dividends ÷ Net income

Rio Tinto Group's earnings (52,445,999,104.00€) are sufficient to cover the dividend payment. This payment represents 9% of the total net profit of RIO.
Dividend payout ratio
General recommendations

An appropriate payout ratio may vary depending on the industry, the company's growth stage and its financial health.

Payout Ratio

Dividend calendar of Rio Tinto Group

This is the Dividend Calendar of Rio Tinto Group in 2023.

Event Day
Last trading date February 26, 2024
Ex-Dividend (Ex-Date) February 27, 2024
Record date April 8, 2024
Date of payment April 9, 2024
Dividends schedule Rio Tinto Group
Data pending official confirmation from the company Rio Tinto Group (RIO).
Estimated
Estimation Policy

Our policy is based on extracting all the financial information available for each company so that our own algorithms weight this information, thus giving us a result as close as possible to the real data.

Source

Historical annual dividend yields of Rio Tinto Group

Over the past 5 years, Rio Tinto Group has not consistently increased the annual dividend amount.
Increasing Dividends
Increasing Dividend Program

For a company to have growing dividends by our standards, the annual dividend amount must have increased steadily for at least the last 5 years.

Dividend yield

Dividend yield of Rio Tinto Group vs. the sector

Rio Tinto Group's dividend yield (5.79%) is below the sector average (7.24%).
Comparison with industry average
Comparison with industry average

The company's dividend yield is compared to the industry average to determine its positioning.

Rio Tinto Group's dividend yield is below the top 75% (7.24%) of the sector.
Evaluation with respect to competence.
Comparison with competitors

Imagine you have a list of dividend yields for different companies in an industry. If you look for the "top 25%% percentile", you will find a number. This number tells you that the top 25%% of the companies with the highest dividends have a yield higher than that number.

On the other hand, the "top 75%% percentile" shows you another number, which tells you that 75%% of the companies have a higher yield than that number, thus showing a more common and less high yield.

Dividend yield history in Rio Tinto Group

Over the past 5 years, Rio Tinto Group's annual dividend income has fallen by more than 10%.
Dividend stability
Dividend stability

For a company to have stable dividends by our standards, it is vital that it has not had an annual decline of more than 10% over the previous year.

Dividend history of Rio Tinto Group

In this table you can see the dividend history of Rio Tinto Group:

YearEx-DividendAmountTotal
2023
08/10/2023
03/09/2023
1.77 €
2.25 €
4.02 €
2022
08/11/2022
03/10/2022
2.67 €
4.79 €
7.46 €
2021
08/12/2021
03/04/2021
5.61 €
4.02 €
9.63 €
2020
08/06/2020
03/06/2020
1.55 €
2.31 €
3.86 €
2019
08/08/2019
03/07/2019
2.12 €
4.23 €
6.35 €
2018
08/09/2018
03/01/2018
1.271 €
1.795 €
3.066 €
2017
08/09/2017
02/22/2017
1.1 €
1.258 €
2.358 €
2016
08/10/2016
02/24/2016
0.45 €
1.073 €
1.523 €
2015
08/12/2015
03/04/2015
1.069 €
1.198 €
2.267 €
2014
08/13/2014
03/05/2014
0.958 €
1.096 €
2.054 €
2013
08/14/2013
03/06/2013
0.841 €
0.934 €
1.775 €
2012
08/15/2012
02/29/2012
0.726 €
0.91 €
1.636 €
2011
08/10/2011
03/02/2011
0.54 €
0.633 €
1.173 €
2010
08/11/2010
02/24/2010
0.448 €
0.45 €
0.898 €
2009
07/08/2009
02/18/2009
5.708 €
0.68 €
6.388 €
2008
09/03/2008
02/20/2008
0.68 €
0.84 €
1.52 €
2007
08/08/2007
03/07/2007
0.52 €
0.64 €
1.16 €
2006
02/22/2006
1.515 €
1.515 €
2005
08/10/2005
02/23/2005
0.385 €
0.45 €
0.835 €
2004
08/11/2004
03/10/2004
0.32 €
0.34 €
0.66 €
2003
08/13/2003
03/05/2003
0.45 €
0.339 €
0.789 €
2002
08/14/2002
03/06/2002
0.32775 €
0.30725 €
0.635 €
2001
08/15/2001
03/07/2001
0.22225 €
0.42775 €
0.65 €
2000
08/16/2000
03/08/2000
0.211 €
0.42775 €
0.63875 €
1999
08/11/1999
03/11/1999
0.165 €
0.25875 €
0.42375 €
1998
09/23/1998
03/18/1998
0.16125 €
0.355 €
0.51625 €
1997
09/24/1997
03/19/1997
0.16625 €
0.37225 €
0.5385 €
1996
09/27/1996
02/23/1996
0.25625 €
0.22375 €
0.48 €
1995
10/20/1995
03/31/1995
0.2325 €
0.11625 €
0.34875 €
1994
10/06/1994
03/18/1994
0.13125 €
0.1315 €
0.26275 €
1993
06/11/1993
03/19/1993
0.2605 €
0.258 €
0.5185 €
1992
09/25/1992
03/27/1992
0.15825 €
0.311 €
0.46925 €
1991
09/26/1991
04/05/1991
0.118 €
0.26975 €
0.38775 €
1990
09/28/1990
0.12975 €
0.12975 €
Dividend history of Rio Tinto Group

Rio Tinto Group dividend capture strategy

Step 1: Buy Rio Tinto Group shares (RIO) one day before ex-dividend date
Date of purchase Feb 26, 2024
Next ex-dividend date Feb 27, 2024
Step 2: Sell Rio Tinto Group shares (RIO) when the price recovers.
Date of sale (estimated) Mar 15, 2024
Average price recovery 17 days
Average return on cost 3.05%
The dividend capture strategy is based on historical Rio Tinto Group data. Past performance is no guarantee of future results.

Information about Rio Tinto Group

Full name Rio Tinto Group
Ticker RIO
Sector Basic Materials
Industry Other Industrial Metals & Mining
Market Capitalization 111.74B €
ISIN N/A
Number of Employees 54,000
Address 6 St James’s Square, London, SW1Y 4AD, United Kingdom
Phone 44 20 7781 2000
Website https://www.riotinto.com
Description of the company

Rio Tinto Group is a company dedicated to the mining industry, especially through the extraction and transformation of inorganic minerals such as copper, iron, salt, uranium, aluminum, talc, coal and diamonds.

Its foundations come from the Rio Tinto Company Limited (RTC), incorporated in 1873, which managed the Riotinto mines in Spain, its activities allowed it to enjoy various opportunities, merging with the Australian firm Consolidated Zinc and having the possibility of expanding its operations worldwide.

Headquartered in London, United Kingdom, it is organized around five operating models, derived from the product they explore and modify, being Rio Tinto Copper, Rio Tinto Alcan, Rio Tinto Energy, Rio Tinto Diamonds & Minerals and Rio Tinto Iron Ore, with activities in Europe, United States, Australia, Canada, Madagascar, Chile, South Africa, Zimbabwe and Namibia.

Frequently asked questions about Rio Tinto Group dividends

Rio Tinto Group pays dividends on a Semiannual basis.

Rio Tinto Group is listed on the and is part of the FTSE 100.

Rio Tinto Group has the Ticker or stock code RIO.

Rio Tinto Group belongs to the Basic Materials sector and the Other Industrial Metals & Mining industry.

The CEO of Rio Tinto Group in 2023 is Mr. Jakob Stausholm M.S..

At this moment, the value of a Rio Tinto Group share is 68.87€.

Rio Tinto Group does not have a growing dividend program. Dividends have not shown a steady growth in the last 5 years.

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