Rio Tinto Group (ASX:RIO – Get Free Report) insider Susan Lloyd-Hurwitz acquired 653 shares of the firm’s stock in a transaction that occurred on Friday, February 28th. The shares were bought at an average cost of A$114.65 ($71.21) per share, for a total transaction of A$74,867.10 ($46,501.31).
Rio Tinto Group Stock Performance
The firm has a market capitalization of $106.20 billion, a P/E ratio of 11.51, a PEG ratio of -0.24 and a beta of 0.59. The company has a current ratio of 1.70, a quick ratio of 1.34 and a debt-to-equity ratio of 25.88.
Rio Tinto Group Cuts Dividend
The business also recently disclosed a Final dividend, which will be paid on Wednesday, April 16th. Investors of record on Wednesday, April 16th will be issued 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 dividend payout ratio is currently 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.
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