Guess how much Rio Tinto shares have paid in dividends over the last 5 years

Miner looking at a tablet.Miner looking at a tablet.

On the back of rising commodity prices, the Rio Tinto Ltd (ASX: RIO) share price has surged 50% since 2017.

In early August 2021, the mining giant’s shares hit an all-time high of $137.33, buoyed by record iron ore prices.

The steel-making ingredient touched above US$220 a tonne which resulted in strong profits for Rio Tinto.

But this was short-lived as its shares plummeted below $90 two months later before moving in circles ever since.

Notably, Rio Tinto is well-known in the investing world for paying large dividends to shareholders over the years.

Let’s take a look below at how much the company has distributed.

A brief recap on the Rio Tinto dividend history

Here’s a rundown of the Rio Tinto dividends that have been paid out to shareholders over the last five years.

  • September 2017 – $1.38 (interim)
  • April 2018 – $2.29 (final)
  • September 2018 – $1.71 (interim)
  • April 2019 – $5.90 including special dividend of $3.39 (final)
  • September 2019 – $3.08 including special dividend of 89 cents (interim)
  • April 2020 – $3.50 (final)
  • September 2020 – $2.16 (interim)
  • April 2021 – $5.17 including special dividend of $1.20 (final)
  • September 2021 – $7.60 including special dividend of $2.51 (interim)
  • April 2022 – $6.63 including special dividend of 86 cents (final)

Rio Tinto has paid a total of $39.42 in dividends to shareholders from September 2017 to today. This is quite significant given the figure represents almost 40% of the current share price.

Rio Tinto share price snapshot

Over the last 12 months, the Rio Tinto share price has fallen 24% amid the market’s extreme volatility.

Year to date, its shares have been impacted by lower iron ore prices but are relatively stable, down 3% for the period.

Rio Tinto presides a market capitalisation of roughly $36 billion and has a dividend yield of 11.35%.

The post Guess how much Rio Tinto shares have paid in dividends over the last 5 years appeared first on The Motley Fool Australia.

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.* Scott just revealed what he believes could be the “five best ASX stocks” for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now

See The 5 Stocks
*Returns as of July 7 2022

(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}

setButtonColorDefaults(“#0095C8”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#0095C8”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

from The Motley Fool Australia https://ift.tt/WqKIz4m

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s