Rio Tinto Group (ASX:RIO – Get Free Report) insider Dean Valle acquired 206 shares of the business’s stock in a transaction that occurred on Tuesday, October 15th. The shares were bought at an average price of A$122.86 ($82.46) per share, with a total value of A$25,308.95 ($16,985.88).
Rio Tinto Group Price Performance
The company has a current ratio of 1.70, a quick ratio of 1.34 and a debt-to-equity ratio of 25.01.
Rio Tinto Group Increases Dividend
The business also recently disclosed a Interim dividend, which was paid on Wednesday, September 25th. Investors of record on Wednesday, September 25th were paid a dividend of $2.70 per share. The ex-dividend date of this dividend was Wednesday, August 14th. This represents a dividend yield of 2.26%. This is a positive change from Rio Tinto Group’s previous Interim dividend of $2.61. Rio Tinto Group’s dividend payout ratio (DPR) is presently 68.63%.
Rio Tinto Group Company Profile
Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore, Aluminium, Copper, and Minerals Segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia. The Aluminum segment is involved in bauxite mining; alumina refining; and aluminium smelting.
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