Rio Tinto Group (ASX:RIO – Get Free Report) insider Dean Valle purchased 424 shares of the company’s stock in a transaction that occurred on Wednesday, February 26th. The shares were purchased at an average price of A$117.16 ($72.77) per share, for a total transaction of A$49,674.99 ($30,854.03).
Rio Tinto Group Stock Performance
The company has a quick ratio of 1.34, a current ratio of 1.70 and a debt-to-equity ratio of 25.88. The stock has a market cap of $106.20 billion, a price-to-earnings 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 disclosed a Final dividend, which will be paid on Wednesday, April 16th. Shareholders of record on Wednesday, April 16th will be paid a dividend of $3.536 per share. This represents a yield of 2.86%. The ex-dividend date is Wednesday, March 5th. Rio Tinto Group’s payout ratio is 68.63%.
About Rio Tinto Group
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.
Recommended Stories
- Five stocks we like better than Rio Tinto Group
- 3 Small Caps With Big Return Potential
- Autodesk Designs Value for Investors: Uptrend Set to Continue
- What is the Dogs of the Dow Strategy? Overview and Examples
- Anheuser-Busch Stock Rallies—Is the King of Beers Back?
- What is the Nikkei 225 index?
- MarketBeat Week in Review – 02/24 – 02/28
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.
