Rio Tinto Shares: Price, Dividends and Performance

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Nishadh Mohammed updated on 6 March 2023

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Rio Tinto stock is both a great yield stock and a growth stock, so it's a great stock to have in your portfolio.

How much can you make with Rio Tinto stock?

Get up-to-date and precise information on Rio Tinto stock with its current price, dividend yield, analysis and our opinion.

Watch out!

This page is for information purposes only and does not constitute investment advice. Remember that investing can be risky.

Want to buy shares in Rio Tinto: Our key take-aways

Stock exchange: LSE

  • Stock market index: FTSE 100
  • Dividend 2021: $9.630
  • Dividend forecast 2022: $10.40
  • Performance over 1 year: +10.35%

Should I buy Rio Tinto stock?

If you're looking for a stock with good yields, Rio Tinto stock is ideal with a regular and significant dividend.

Rio Tinto shares offer a dividend yield expected to exceed 13% in 2022, making them one of the most attractive stocks on the market for generating regular income. This makes it one of the most attractive stocks on the market for generating regular income, as the company has an attractive policy of distributing its profits to shareholders.

On the other hand, the share price also benefits from excellent fundamental and technical signals, which will undoubtedly allow it to generate capital gains over the longer term.

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How can I buy shares in Rio Tinto ?

To buy Rio Tinto on the stock market:

  1. Find an online broker offering stock investments.
  2. Open your trading account by filling out a simple form.
  3. Deposit funds into your account.
  4. Search for the stock
  5. Place a buy order to add Rio Tinto to your stock portfolio.

To invest in Rio Tinto, you can go through a traditional investment firm, an online brokerage or speak with a financial advisor.

How much are Rio Tinto shares?

See price chart below to follow Rio Tinto stock price in real time.

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Why Rio Tinto shares could go up:

Several elements of the Rio Tinto group's economic situation are currently in favour of a rise in the share price, including

  • A leading position: the Rio Tinto group is currently the world leader in the copper and aluminum ore mining sector and holds the largest share of this market.
  • An innovative company: Thanks to its various investments in R&D and technological partnerships, Rio Tinto has state-of-the-art technology for ore extraction.
  • A well-diversified company: The company has diversified its activities over time and is now a leading company with over 70,000 employees.
  • An international reputation: the group also benefits from a strong brand image that is known throughout the world thanks to its various international locations.
  • A leader in certain segments: Rio Tinto is also a market leader in other segments such as diamonds and iron ore.
  • A growing market for aluminum: Demand for aluminum is currently growing rapidly as a substitute for iron.
  • A strong expansion strategy: Finally, Rio Tinto continues to pursue a strong international expansion strategy and a strategy of diversifying its activities by working with other international players.

Why Rio Tinto shares could go down:

While many factors currently seem to favour a rise in Rio Tinto's share price, a few factors are more pessimistic and point to a possible decline in the share price:

  • A complex financial situation: the financial health of the Rio Tinto group is still fragile with a high level of debt that weighs on its profitability.
  • Weak operational efficiency: Government intervention in the group's operations has led to operational inefficiencies in some segments.
  • Strict regulations: Environmental and safety issues are currently leading to increasingly stringent regulations that may also constrain Rio Tinto's operations.
  • High market volatility: Finally, it should be noted that the group's activities and profitability are particularly influenced by the price of raw materials, the market for which shows significant volatility.

Can I buy Rio Tinto stock online?

Yes! You can buy Rio Tinto shares online. For many buyers this is the best way to do it. Here's why:

  • The commissions are lower
  • You can choose your own investments
  • You benefit from analysis and decision support tools
  • You can invest in stocks directly or through derivatives like ETFs.

How can I sell my Rio Tinto shares?

It is not possible to sell Rio Tinto shares that you do not own through traditional Canadian investment vehicles. To sell Rio Tinto shares, you can:

  • Sell securities you actually own by placing a sell order with your broker.
  • Sell short with a margin account.
  • Speculate on the decline of this stock with derivatives such as CFDs or options.

What investment vehicles in Canada can hold Rio Tinto stock?

Rio Tinto shares can be placed in several different savings vehicles including"

  • RRSPs: these registered retirement savings plans offer funds that are accessible at the time of retirement and offer an income tax deferral.
  • TFSAs: tax-free savings accounts is an incredibly popular short-and long-term tax-free investment vehicle.
  • Margin accounts: This account offers leverage and allows you to borrow against the value of the securities you hold to make other investments. It allows you to sell short.
  • Cash accounts: This account allows you to trade stocks on North American markets only. 

Your online broker will of course allow you to buy Rio Tinto shares for cash. To do so, you simply choose the number of units you wish to purchase and place a buy order.

But it is also possible to invest in this stock through other stock market instruments such as mutual funds and ETFs, which include this stock and other similar securities.

Rio Tinto share price history over 10 years:

Time periodGrowthHighLow
1 week
5.83%77.5066
1 month
6.31%77.5060.70
3 months
21.65%77.5058.20
6 months
22.92%77.5052.10
1 year
10.35%79.6052.10
3 years
38.85%79.6032.72
5 years
87.92%79.6032.72
10 years
75.25%79.6020.35
Rio Tinto 10-year performance

Rio Tinto dividends and payment dates

In 2021, the Rio Tinto group paid a dividend of $9,630 per share to its shareholders.

The Group has already announced an even higher dividend in 2022, with a first payment in March, for an annual amount of $10.40 per share. This represents a yield of 13.35%.

Rion Tinto's dividend payment schedule is bi-annual with payments in March and August.

Dividend: payout 2021Payout 1Payout 2Payout 3Payout 4
Ex-dividend date
04/03/202112/08/2021n/an/a
Date:
15/04/202123/09/2021n/an/a
Dividend per stock
$4.02 per stock$5.61 per stockn/an/a
Rio Tinto 2021 Dividends: dates and amounts
Dividend: payout 2022Payout 1Payout 2Payout 3Payout 4
Ex-dividend date
13/03/2022Pendingn/an/a
Date:
21/04/2022Pendingn/an/a
Dividend per stock
$4.785 per stockPendingn/an/a
Rio Tinto 2022 Dividends: dates and amounts

What is the dividend yield for Rio Tinto over the last 10 years?

YearDividend amountVariancePerformance
2012
1.63639.47%0.97
2013
1.7758.5%1.53
2014
2.05415.72%1.70
2015
2.26710.37%1.66
2016
1.523-32.82%2.80
2017
2.35854.83%1.36
2018
3.06630.03%2.39
2019
6.350107.11%5.98
2020
3.860-39.21%6.13
2021
9.630149.48%11.39
Rio Tinto divident history

The yield on Rio Tinto shares is obtained by dividing the annual dividend by the annual average price.

A stock's yield provides key information about a company's dividend policy and its evolution over time and performance.

Good to know

Annual gross shareholder return = Total dividend for the year ÷ average share price for the same year

Good to know

The 10-year average return = Sum of annual returns ÷ 10

What analysts are saying about Rio Tinto stock:

A critical analysis of Rio Tinto stock:

Rio Tinto's fundamental analysis currently shows very positive signals regarding its possible future trends with the following indicators:

  • Strong profitability: The Rio Tinto group's earnings before depreciation, tax, amortization and impairment show high margins, implying strong profitability.
  • A strong financial position: The Rio Tinto group's investment capacity is also strong with strong cash flows that could further enhance its growth.
  • Attractive earnings multiples: The group's earnings multiples are particularly attractive, with a P/E of 6.08 for 2022 and 7.99 for 2023, making it one of the cheapest stocks in this market.
  • High yield: Rio Tinto shares also attract many yield-seeking investors with a rising dividend, with a yield exceeding 13% in 2022 for the 2021 financial year.
  • Expected revenue growth: Based on analysts' forecasts in recent months, the company is expected to achieve growing revenue over the next few years. Earnings per share (EPS) are also expected to increase.
  • Bullish price target: Of course, the average price target of these analysts for Rio Tinto shares has also been recently revised upwards and the consensus is generally positive.
  • Reassuring releases: Historically, the Rio Tinto group has released results above analyst and market expectations.
  • Disjointed estimates: Analysts' estimates of the group's business and its evolution, as well as price targets, are mixed, suggesting that visibility on the company's future business is low.

A technical analysis of Rio Tinto stock:

As for the technical analysis of Rio Tinto shares, the signals are also very positive in the medium and long-term with the following indicators:

  • The RSI indicator is currently at 58.011, which sends a strong buy signal on this stock.
  • The short, medium and long-term stochastics are the only chart indicators to send a sell signal.
  • The MACD at 3.470 is also sending an interesting buy signal on this stock.
  • The simple and exponential moving averages over all time frames are also sending a strong buy signal.
  • The next technical resistances for this stock are located at 81.88 and 85.18 and the next supports are located at 73.84 and 69.10.

Who is Rio Tinto?

The Rio Tinto group is a British company that operates in the mining sector. More precisely, the group is among the leaders in research, exploration and mining in the world.

The group's turnover can be broken down as follows:

  • Iron ore with 64.8% of turnover and more than 285 million tons produced per year.
  • Aluminum, alumina and bauxite with 20.9% of sales and more than 56 million tons of baucite, 8 million tons of alumina and 3.2 million tons of aluminum produced per year.
  • Industrial minerals account for 4.7% of sales, with titanium dioxide pigments accounting for 1,120 million tonnes, borates for 420 million tonnes and salts for 4.9 million tonnes per year.
  • Copper accounted for 4% of sales with 527.9 million tons per year.
  • Gold for 1.1% of turnover with 283,000 ounces per year.
  • Diamonds for 1.1% of sales with 14.7 million carats per year.
  • The remaining 3.4% of sales are from uranium, silver, zinc and molybdenum.

The Rio Tinto group currently employs 49,345 people. The geographical distribution of its revenue is as follows:

  • United Kingdom: 0.5%
  • Europe: 5.9%
  • China: 58.1%
  • Japan: 7.5%
  • Asia: 10.2%
  • The United States: 10.9%
  • Canada: 2.9%
  • Australia: 1.7%
  • The rest of the world: 2.3%.

Who are Rio Tinto’s competitors?

The Rio Tinto group is currently one of the leaders in its sector of activity, but still faces some major competitors, including

  • BHP Group: this company, formerly known as BHP Billiton, is a producer of iron, diamonds, uranium, coal, oil and bauxite. It owns and operates mining and processing facilities in 25 countries around the world and employs 47,000 people.
  • Glencore PLC: This Anglo-Swiss company specializes in commodity trading, brokerage and extraction and was formed from the merger of Glencore and Xstrata in 2013. It is currently based in Switzerland.
  • Vale: This international mining company is based in Brazil and is a leader in the production and export of iron ore as well as nickel, manganese, iron alloy, copper, bauxite, potash, alumina and aluminum.
  • Southern Copper Corporation: This mining company belongs to the Mexican mining conglomerate Grup Mexico and is the world's leading publicly traded copper miner. It is also a world leader in the molybdenum, silver and zinc segments.
  • Newmont Mining Corporation: This American company is based in Colorado and is part of a conglomerate. It is one of the world leaders in gold production.
  • Anglo American Plc: This South African-based company is a British holding company that is primarily engaged in mining production and processing.

Who are Rio Tinto’s partners?

The Rio Tinto Group is also developing partnerships with other companies around the world to drive growth. Current key partners include

  • CGI: The group has a long-term partnership with the Canadian company CGI to boost the performance of its Atlantic aluminium smelters through innovative data analysis techniques.
  • Schneider Electric: Another partnership has been set up with the French company Schneider with the aim of digitizing its business and making it more carbon neutral.
  • Midland Exploration: this company has partnered with Rio Tinto to implement a helicopter-borne electromagnetic survey on the North Head copper-nickel property.
  • Palantir: The group also uses Palantir's software to integrate raw data from various sources to provide a representation of critical mining operations available to front-line and office staff.
  • Scepter: Rio Tinto has recently extended its partnership with Scepter in the recycling of aluminum slag and waste as well as the treatment of by-products from the electrolysis process in Quebec.
  • Lafarge: Finally, the group has also partnered with Lafarge Canada and Geocycle to reuse residual raw materials from aluminum production and to manufacture cement.

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Nishadh Mohammed
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Nishadh Mohammed is a seasoned news editor and financial writer, working with HelloSafe since May 2023. Nishadh has developed expertise in financial markets, insurance, and investment products, with a deep understanding of the Canadian financial landscape. He has honed his SEO skills and content marketing strategies while writing for Canadian publishing houses. Armed with a master's in Business Analytics and extensive journalistic experience, Nishadh uniquely combines data proficiency and thorough research to deliver comprehensive and accessible information.