Rio Tinto ADR Reptg One Ord Shs RIO

Alternate Symbol(s): RTNTF | RTPPF

Metals & Mining Industrial Metals & Minerals

Rio Tinto plc is a United Kingdom-based mining and metals company. The Company operates in 35 countries where it produces iron ore, copper, aluminum, critical minerals and other materials needed for the global energy transition. Its segments include Iron Ore, Aluminum, Copper, and Minerals. Iron Ore segment is engaged in mining and salt and gypsum production in Western Australia. Aluminum segment is engaged in bauxite mining, alumina refining, and aluminum smelting. Copper segment is engaged in mining and refining of copper, gold, silver, molybdenum, other by-products and exploration activities which is the responsibility of the Copper product Company chief executive. Minerals segment includes businesses with products such as borates, titanium dioxide feedstock together with the iron ore company of Canada (iron ore mining and iron concentrate/pellet production). It also includes diamond mining, sorting and marketing and development projects for battery minerals, such as lithium.

NYSE:RIO - Post by User

Rio Tinto ADR Reptg One Ord Shs

<< Previous

Bullboard Posts

Next >>

Post by ecolo101on Aug 24, 2024 8:56am

101 Views

Post# 36194520

With interest rate coming down in September

A 6.9% yearly dividend at current stock price of 63.03 is an attractive entry point. Dividends are paid twice a year for a total of 4.35 per share.

I would think that we could also see the stock price to grow with time versus interest rate progressive reduction. This 6.9% will then be reduced on a percentage basis if it remains at $4.35 per year.

at one point strong companies with strong dividend will be rewarded.....

dyodd
glta

<< Previous

Bullboard Posts

Next >>

Four Indigenous stocks to watch