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home / news releases / RIO - Rio Tinto: A Long-Term Dividend Play

RIO - Rio Tinto: A Long-Term Dividend Play

Rio Tinto Plc

2024-05-13 12:37:04 ET

Summary

  • Rio Tinto is a leading producer of iron ore, copper, and other minerals, with a strong economic moat.
  • Short-term outlook for iron ore is stable so far, with the guidance for 2024 unchanged as of Q1.
  • Long-term outlook is positive, with Capex towards low-carbon transition related demand.
  • Dividend policy dictates a 40-60% payout for decent levels of dividend yield.

For further details see:

Rio Tinto: A Long-Term Dividend Play
Stock Information
Company Name: Rio Tinto Plc
Stock Symbol: RIO
Market: NYSE
Website: riotinto.com
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