Rio Tinto Ltd Stock Forecast, Predictions & Price Target. And this for good reason. 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. Rio Tinto PLC. 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. Forecasts Financials Shareholders Competitors Stock Price Forecast The 4 analysts offering 12-month price forecasts for Rio Tinto PLC have a median target of 82.85, with a high estimate of. 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. 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. Optimistic: $61.01, An downtrend is forecast for this month with an optimal target price of $58.4609. $87.0, with a standard deviation of $5.656. 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 . HSBC is expected to be the single biggest paying stock within the FTSE 100 in 2023, with Shell, British American Tobacco, Glencore and Rio Tinto next on the list. Insiders Are Buying, 10 Energy Stocks You This represents a 5.8% dividend yield at todays prices. It will pay a $4.3 billion dividend. How many times is the dividend covered by company income. 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 data provided by Zacks Investment Research via Quandl.com. Rio Tinto has delivered the second-biggest payout in UK corporate history after the miner cashed in on surging prices for its main commodities. Rio Tinto Trailing 12 Month Dividend Summary Dividend Frequency Biannual Dividend Yield 7.82% Dividend Cover 1.67 Dividend Payout Ratio 60% 1 ex-dividend dates in the previous 24 months. When should I take profit in Rio Tinto stock? 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. This article contains general investment advice only (under AFSL 400691). Registered Office: 5 New Street Square, London EC4A 3TW. Analysts' Current Least Favorites, 10 ETFs With Stocks That 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. All Analysts Top Analysts. 2023 - 2027? In the following year, 0 experts forecast Rio Tinto Group's EBITDA will decrease by 28.53%, to 24.01B. For all the latest share price information, Finding better ways to provide the materials the world needs. The Neutral rating and target price of $120.00 are retained. Melbourne 3000. This Service provides only general, and not personalised financial advice, and has not taken your personal circumstances into account. 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. The annual dividend for RIO shares is $4.49. Dividend Stocks Crossing Above Their 200 DMA, 10 This breakthrough stock has bright future this decade. 11 . Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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. Its main products include Bauxite, Alumina, Copper, Gold, Molybdenum, Silver, Nickel, and Diamonds. Finally, with Goldman expecting iron ore prices to weaken in FY 2024, it is forecasting a dividend cut to US$6.78 (A$9.78) per share. RIO's Forward Dividend Yield % is ranked better than. Investment news, stock ideas, and more, straight to your inbox. Our latest articles and strategies for the post-work life you want. 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. 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. 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 Latest Dividends Enter the number of RIO Tinto Ltd. shares you hold and we'll calculate your dividend payments: Calculate Payment Previous Payment AU$326.49 Paid on 20 Apr 2023 (Thu) Next Payment Sign Up Required Paid on 21 Sep 2023 (Thu) Forecast Accuracy 68% Our premium tools have predicted RIO Tinto Ltd. with 68% accuracy. The next scheduled payment will be on 09/23/2021. Currently, the dividend forecast for 2022 is $7.22 per share. 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. What is Rio Tinto Group's dividend yield? For Rio Tinto stocks, the 200-day moving average is the resistance level today. 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 by contacting us atdigital.comms@riotinto.com). Another issue with Rio is that it has very little control of its revenues and earnings. Learn more on RIO's annual dividend history. Real-time analyst ratings, insider transactions, earnings data, and more. It is calculated by the formula Australian Financial Services Licence (AFSL): 400691, The Motley Fool Australia, PO Box 104, Isle of Capri, Qld 4217. Past performance is not necessarily indicative of future returns. Sure, the yield looks attractive right now. Brokers are expecting these ASX shares to reward investors with big dividend yields. FTSE 100 -0.27% LSE The 2021 full year results release is available here. DividendMax.com is owned and operated by DividendMax Ltd. Our premium tools have predicted RIO Tinto Ltd. with 68% accuracy. Such dividends are known are franked dividends. Rio Tinto announces full-year ordinary dividend of $6.2 billion. 09/24/1997. $71.7 / $74.93. Confirming its position as one of the big winners . Mon, Apr 3, 10:48 AM, Zacks Monica O'Shea. And the valuation is quite attractive too. 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. 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%. CBA shares have delivered a full-year dividend payout of $4.20 per share, 100% franked. 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. of the Dow, Top 25 Broker Analyst Picks of the If commodity prices were to plummet, its revenues and profits would most likely plummet too. Wed, Mar 22, 5:31 AM, Zacks Become a Motley Fool member today toget instant access to our top analyst recommendations, in-depth research, investing resources, and more. These Cookies also facilitate sharing information with social networks or recording your interactions with particular ads. We work across six continents in around 35 countries. Investing in dividend stocks is a preferred method for those looking to enjoy a passive income stream in retirement. And Edward Sheldon believes they could jump when investor sentiment improves. Rio Tinto declared a full-year dividend, including special dividends, of $10.40 per share, up 87% year-on-year. TO MAKE THE WORLD Hear our experts take on shares, the market & how to invest. The company also cut its capital investment forecast for 2022 by $500 million to $7.5 billion. Like in the Dow, Broker Darlings: Top 15 Analyst Picks Ill also discuss whether Id buy this income stock for my portfolio today. James Mickleboro. This was the start of a love affair with Australian equities and he hasn't looked back since. View which stocks are hot on social media with MarketBeat's trending stocks report. Dividend Alarm Email There are typically 2 dividends per year (excluding specials), and the dividend cover is approximately 2.0. May 1, 2023 | Get Started Investing 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. The final and. All rights reserved. Pessimistic: $56.28. Contact Details: 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. Not sure which dividend shares to buy? Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Listen to Our Podcast For full RIO dividend history see Rio Tinto dividend history page. moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. Pessimistic: $58.70. Based on the current Rio Tinto share price, this would mean a very generous fully franked 12.1% dividend yield for investors. 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. According to a note out of Goldman Sachs, its analysts are expecting the big dividend payments to continue in the near term. S&P 500, Forgotten S&P 500 Giants: Providing materials the world needs in a responsible way. FORECAST Citi forecasts a full year FY23 dividend of 635.29 cents and EPS of 1066.03 cents. The Motley Fool has a disclosure policy. Bernd Struben. Thats not ideal from an income-investing perspective. 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. Heres how this dividend stock could help you build a growing passive income stream. If I had bought it at 60 in early June, for example, Id now be sitting on a near-20% loss. Will the Rio Tinto dividend remain supersized in the coming years? Duolingo Speaking Volumes: Forms Bullish Chart Ahead of Earnings, Open Rio Tinto Group in Dividend Calculator , Open Rio Tinto Group in Dividend Yield Calculator . 2022 Interim dividend. It is our main reporting currency and consequently the natural currency for dividend determination. Home Markets Discover Watchlist Portfolios . Should you invest, the value of your investment may rise or fall and your capital is at risk. We take a look at how you could receive passive income from two iron ore miners. 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. With the exception of the use of cookies (explained below), Rio Tinto generally does not seek to collect personal data through this website. Dividend Stocks Crossing Below Their 200 DMA, 10 Canadian Stocks Where 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. Warum die Aktie in den letzten Jahren gestiegen ist, und ob du mit weiteren Kursgewinnen und Dividenden rechnen darfst, verrate ich dir in dieser Aktienanalyse. Income investors got some great news from Transurban this morning. (Next month, 2023, 2024, 2025, 2026 and 2027) I want companies that are in charge of their own destiny and can raise their dividends steadily over time as sales and profits rise. RIO: Rio Tinto Detailed Earnings Estimate. This helps us to provide you with a good experience when you browse our website and also allows us to improve our site. Company. The dividend for the first half equates to $4.3 billion and was still Rio's second-highest interim payout ever. A cookie is a small file of letters and numbers that we store on your browser or the hard drive of your computer if you agree. Currently, the dividend forecast for 2022 is $7.22 per share. Detailed values for the Rio Tinto stock price can be found in the table below. Mrz 2021. RIO pays a dividend of $4.92 per share. Jon Smith offers two different points of view around the potential impact of higher interest rates on the Lloyds share, Hargreaves Lansdown shares sport an attractive dividend yield at the moment. Learn More. Try Premium James Mickleboro has been a Motley Fool contributor since late 2015.