Rio Tinto plc (LON:RIO) insider Simon Henry purchased 500 shares of Rio Tinto stock in a transaction that occurred on Monday, March 23rd. The stock was bought at an average cost of GBX 3,155 ($41.50) per share, with a total value of £15,775 ($20,751.12).
Shares of LON:RIO opened at GBX 3,750 ($49.33) on Friday. Rio Tinto plc has a fifty-two week low of GBX 2,968 ($39.04) and a fifty-two week high of GBX 5,039 ($66.29). The company has a quick ratio of 1.22, a current ratio of 1.56 and a debt-to-equity ratio of 31.20. The firm’s 50-day simple moving average is GBX 3,752.14 and its 200-day simple moving average is GBX 4,141. The company has a market cap of $45.92 billion and a price-to-earnings ratio of 7.69.
The company also recently declared a dividend, which will be paid on Thursday, April 16th. Investors of record on Thursday, March 5th will be issued a dividend of GBX 177.47 ($2.33) per share. This is a boost from Rio Tinto’s previous dividend of $173.14. This represents a yield of 4.53%. The ex-dividend date is Thursday, March 5th. Rio Tinto’s dividend payout ratio is currently 0.62%.
About Rio Tinto
Rio Tinto Group engages in finding, mining, and processing mineral resources worldwide. The company offers aluminium, silver, molybdenum, copper, diamonds, gold, borates, titanium dioxide, salt, iron ore, and uranium. It is also involved in the alumina production; primary aluminium smelting; bauxite mining; alumina refining; and ilmenite mining, as well as provision of gypsum.
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