If you have Rio Tinto Limited (ASX: RIO) shares in your portfolio, you may be curious about what lies ahead in 2023.
Rather helpfully, the mining giant has just released a summary of its key dates for the year ahead.
The dates to watch for in 2023
Arguably, the most important date to circle in your diary is 22 February. On this day, Rio Tinto will be releasing its full year results for FY 2022.
According to consensus estimates, on that day, the market is expecting Rio Tinto to report underlying EBITDA of US$26,874 million and underlying earnings of US$14,104 million. This is expected to lead to a final dividend of US$2.57 per share, which takes its full year dividend to US$5.24 per share.
This brings us nicely onto the next key date to put in your diary. On 9 March, the Rio Tinto shares will trade ex-dividend for its final dividend of FY 2022.
After which, if you’re eligible to receive this dividend, you will be paid it on 20 April.
What else could impact Rio Tinto shares next year?
Moving on, another couple of dates to add to your diary are the companyâs annual general meetings, which are scheduled to be held on 6 April for UK shareholders and 4 May for Australian shareholders.
In between those events, Rio Tinto will be releasing its first quarter operational update for FY 2023 on 21 April.
After which, it won’t be long until the mining giant is scheduled to release its next set of results. On 26 July, Rio Tinto’s half year results will be announced.
No consensus data is available for the half year period, but the market is expecting a 14% decline in underlying EBITDA to US$23,289 million for the 12 months. So, a result tracking in line with this estimate at the halfway point will largely be expected.
Rio Tinto shares will then trade ex-dividend for its interim dividend of FY 2023 on 10 August. Payment will follow almost six weeks later on 21 September.
The post Own Rio Tinto shares? Here are the key dates to watch in 2023 appeared first on The Motley Fool Australia.
FREE Guide for New Investors
Despite what some people may say – we believe investing in shares doesn’t have to be overwhelming or complicated…
For over a decade, we’ve been helping everyday Aussies get started on their journey.
And to help even more people cut through some of the confusion “experts’” seem to want to perpetuate – we’ve created a brand-new “how to” guide.
Yes, Claim my FREE copy!
*Returns as of November 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
- Why did the iron ore price just hit a 6-month high?
- Why Aurizon, Norwest, Rio Tinto, and Strike Energy shares are rising today
- Why is the Rio Tinto share price wallowing on Wednesday?
- Why is the Fortescue share price tanking on Tuesday?
- 5 things to watch on the ASX 200 on Tuesday
Motley Fool contributor James Mickleboro 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/QhbjNo3
Leave a Reply