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RIO (Rio Tinto) Dividend Yield % : 6.99% (As of Dec. 15, 2024)


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What is Rio Tinto Dividend Yield %?

As of today (2024-12-15), the Trailing Annual Dividend Yield of Rio Tinto is 6.99%.

The historical rank and industry rank for Rio Tinto's Dividend Yield % or its related term are showing as below:

RIO' s Dividend Yield % Range Over the Past 10 Years
Min: 2.99   Med: 5.7   Max: 11.8
Current: 6.99

During the past 13 years, the highest Dividend Yield of Rio Tinto was 11.80%. The lowest was 2.99%. And the median was 5.70%.

RIO's Dividend Yield % is ranked better than
87.3% of 307 companies
in the Metals & Mining industry
Industry Median: 2.31 vs RIO: 6.99

Rio Tinto's Dividend Payout Ratio for the six months ended in Jun. 2024 was 0.72.

During the past 13 years, the highest Dividend Payout Ratio of Rio Tinto was 0.91. The lowest was 0.52. And the median was 0.55.

As of today (2024-12-15), the Forward Dividend Yield % of Rio Tinto is 6.99%.

Rio Tinto's Dividends per Share for the six months ended in Jun. 2024 was $2.58.

During the past 12 months, Rio Tinto's average Dividends Per Share Growth Rate was -13.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 16.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Rio Tinto was 44.70% per year. The lowest was -5.40% per year. And the median was 12.45% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Rio Tinto Dividend Yield % Historical Data

The historical data trend for Rio Tinto's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Rio Tinto Dividend Yield % Chart

Rio Tinto Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.59 5.13 10.23 9.61 5.40

Rio Tinto Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.00 9.61 7.71 5.40 6.60

Competitive Comparison of Rio Tinto's Dividend Yield %

For the Other Industrial Metals & Mining subindustry, Rio Tinto's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Rio Tinto's Dividend Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Rio Tinto's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Rio Tinto's Dividend Yield % falls into.



Rio Tinto Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Rio Tinto Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.7700002024-08-162024-08-162024-09-26Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 2.5800002024-03-072024-03-082024-04-18Cash Dividendsemi-annuallyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Rio Tinto's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=4.35/62.21
=6.99 %

Current Share Price is $62.21.
Rio Tinto's Dividends per Share for the trailing twelve months (TTM) ended in Today is $4.35.

Rio Tinto's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=3.54/62.21
=5.69 %

Current Share Price is $62.21.
Rio Tinto's Dividends per Share for the forward twelve months is calculated as $1.77 * 2 = $3.54.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Rio Tinto  (NYSE:RIO) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Rio Tinto Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Rio Tinto's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Rio Tinto Business Description

Address
6 St James’s Square, London, GBR, SW1Y 4AD
Rio Tinto is a global diversified miner. Iron ore is the dominant commodity, with significantly lesser contributions from copper, aluminum, diamonds, gold, and industrial minerals. The 1995 merger of RTZ and CRA, via a dual-listed structure, created the present-day company. The two operate as a single business entity, with shareholders in each company having equivalent economic and voting rights. Major assets included the Pilbara iron ore operations, a 30% stake in the Escondida copper mine, 66%-ownership of the Oyu Tolgoi copper mine in Mongolia, the Weipa and Gove bauxite mines in Australia, and six hydro-powered aluminum smelters in Canada.