Rio Tinto Group (ASX:RIO – Get Free Report) insider Dean Valle acquired 206 shares of the stock in a transaction dated Tuesday, October 15th. The shares were purchased at an average price of A$122.86 ($82.46) per share, for a total transaction of A$25,308.95 ($16,985.88).
Rio Tinto Group Price Performance
The company has a quick ratio of 1.34, a current ratio of 1.70 and a debt-to-equity ratio of 25.01.
Rio Tinto Group Increases Dividend
The firm also recently announced a Interim dividend, which was paid on Wednesday, September 25th. Stockholders of record on Wednesday, September 25th were paid a dividend of $2.70 per share. This is an increase from Rio Tinto Group’s previous Interim dividend of $2.61. This represents a dividend yield of 2.26%. The ex-dividend date of this dividend was Wednesday, August 14th. Rio Tinto Group’s 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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