Rio Tinto Group (ASX:RIO – Get Free Report) insider Susan Lloyd-Hurwitz bought 653 shares of the business’s stock in a transaction on Friday, February 28th. The stock was bought at an average cost of A$114.65 ($72.56) per share, for a total transaction of A$74,867.10 ($47,384.24).
Rio Tinto Group Price Performance
The firm has a market capitalization of $106.20 billion, a PE ratio of 11.51, a PEG ratio of -0.24 and a beta of 0.59. The company has a debt-to-equity ratio of 25.88, a current ratio of 1.70 and a quick ratio of 1.34.
Rio Tinto Group Cuts Dividend
The firm also recently declared a Final dividend, which will be paid on Wednesday, April 16th. Shareholders of record on Wednesday, April 16th will be issued a $3.536 dividend. The ex-dividend date is Wednesday, March 5th. This represents a dividend yield of 2.86%. Rio Tinto Group’s dividend payout ratio (DPR) 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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