Rio Tinto Group (ASX:RIO – Get Free Report) insider Dean Valle bought 424 shares of the company’s stock in a transaction dated Wednesday, February 26th. The shares were purchased at an average price of A$117.16 ($73.22) per share, with a total value of A$49,674.99 ($31,046.87).
Rio Tinto Group Price Performance
The company has a debt-to-equity ratio of 25.88, a current ratio of 1.70 and a quick ratio of 1.34. The firm has a market cap of $106.20 billion, a PE ratio of 11.51, a PEG ratio of -0.24 and a beta of 0.59.
Rio Tinto Group Cuts Dividend
The firm also recently announced a Final dividend, which will be paid on Wednesday, April 16th. Stockholders of record on Wednesday, April 16th will be paid a $3.536 dividend. This represents a dividend yield of 2.86%. The ex-dividend date is Wednesday, March 5th. 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.
Further Reading
- Five stocks we like better than Rio Tinto Group
- How to Buy Cheap Stocks Step by Step
- Salesforce’s Hidden Strengths Could Fuel a Powerful Rebound
- Insider Selling Explained: Can it Inform Your Investing Choices?
- 3 Stocks With Unusual Call Option Volume – What It Signals
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- Top 4 Healthcare REITs Turning Care Into Big Investor Payouts
Receive News & Ratings for Rio Tinto Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rio Tinto Group and related companies with MarketBeat.com's FREE daily email newsletter.
