Rio Tinto Dividend yield

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

Rio Tinto stock dividend

Rio Tinto paid a total dividend of 4,103 million GBP last year, for a market value of 60,961 millions (Market Cap 53,037 millions). Rio Tinto dividend per share is 3.28 GBP, and his stock market price 48.73 GBP.

According to the chart below, where dividend yield is displayed, Rio Tinto has a dividend yield of 6.73%, which is higher than the amount offered by both the market average and companies from UK. 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 stocks dividend with other Mining companies or other of the best UK dividend stocks list.

Rio Tinto Dividend Payout

About the ability of Rio Tinto to maintain his current dividend of GBP 3.28 per share, an amount that accounts for 6.73%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Rio Tinto payout on ernings is currently 52.48%, 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 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 is GBP 8.26 per share, which is higher than the dividend per share paid by the company of GBP 3.28, 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, compared againt world market average, UK companies, Basic Materials industry and Mining sector companies.

Rio Tinto Dividend History

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

Year	Yield	GBP	Paypout	Shares*
Present	6.73%	3.28	52.48%	1,251
2022	9.11%	5.28	55.58%	1,249
2021	10.07%	4.93	104.89%	1,248
2020	5.43%	2.97	75.96%	1,247
2019	5.76%	2.59	41.44%	1,263
2018	6.07%	2.26	53.30%	1,297
2017	4.66%	1.84	91.09%	1,365
2016	3.61%	1.08	0.00%	1,374
2015	6.65%	1.47	64.47%	1,397

*In millions

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

Rio Tinto Stock performance

Finally, last moth Rio Tinto showed a return of -5.40% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 2.10% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for UK and Mining firms.