Rio Tinto Group (ASX:RIO – Get Free Report) insider Susan Lloyd-Hurwitz acquired 653 shares of the business’s stock in a transaction on Friday, February 28th. The stock was acquired at an average price of A$114.65 ($72.56) per share, for a total transaction of A$74,867.10 ($47,384.24).
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 stock has a market capitalization of $106.20 billion, a P/E ratio of 11.51, a P/E/G ratio of -0.24 and a beta of 0.59.
Rio Tinto Group Cuts Dividend
The business 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. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a dividend yield of 2.86%. Rio Tinto Group’s dividend payout ratio is currently 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.
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