Rio Tinto Ltd. Dividend yield

Rio Tinto Ltd. is part of Mining business, which is part of Basic Materials industry. Rio Tinto Ltd. is a company from Australia, and his stocks are publicly traded.

Rio Tinto Ltd. stock dividend

Rio Tinto Ltd. paid a total dividend of 2,178 million AUD last year, for a market value of 41,886 millions (Market Cap 41,898 millions). Rio Tinto Ltd. dividend per share is 5.87 AUD, and his stock market price 112.90 AUD.

According to the chart below, where dividend yield is displayed, Rio Tinto Ltd. has a dividend yield of 5.20%, which is higher than the amount offered by both the market average and companies from Australia. It is also bigger than average of Basic Materials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Rio Tinto Ltd. stocks dividend with other Mining companies or other of the best Australia dividend stocks list.

Rio Tinto Ltd. Dividend Payout

About the ability of Rio Tinto Ltd. to maintain his current dividend of AUD 5.87 per share, an amount that accounts for 5.20%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Rio Tinto Ltd. payout on ernings is currently 50.95%, which is higher than the market average, and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures show that Rio Tinto Ltd. can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Rio Tinto Ltd. is AUD 15.26 per share, which is higher than the dividend per share paid by the company of AUD 5.87, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Rio Tinto Ltd., compared againt world market average, Australia companies, Basic Materials industry and Mining sector companies.

Rio Tinto Ltd. Dividend History

Below you will find a table with the historical evolution of Rio Tinto Ltd.'s dividend stock, both in percentage and in AUD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	AUD	Paypout	Shares*
Present	5.20%	5.87	50.95%	371
2022	8.25%	9.60	52.78%	371
2021	9.06%	9.07	99.67%	371
2020	4.97%	5.66	76.08%	371
2019	4.68%	4.70	39.80%	371
2018	5.09%	3.99	51.35%	371
2017	3.97%	3.01	80.70%	412
2016	3.65%	2.11	0.00%	424
2015	6.49%	2.98	75.25%	424

*In millions

Then you can see the evolution of Rio Tinto Ltd. dividend stock, and compare it with the average of Australia stocks and that of the Mining stocks.

Rio Tinto Ltd. Stock performance

Finally, last moth Rio Tinto Ltd. showed a return of -3.60% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 19.50% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Australia and Mining firms.