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RIO - Rio Tinto News Story

4829.5p -180.5  -3.6%

Last Trade - 17/09/21

Sector
Basic Materials
Size
Large Cap
Market Cap £78.19bn
Enterprise Value £79.48bn
Revenue £42.45bn
Position in Universe 22nd / 1781

BUZZ-Rio Tinto's Aussie shares set for best week this year on dividend bonanza

Fri 30th July, 2021 5:05am
** Rio Tinto  RIO.AX  heads for its best week since the
start of 2021 after laying out bumper dividends 
    ** The global miner is going to pay $9.1 bln in dividends
after soaring iron ore prices helped it post record earnings 
 urn:newsml:reuters.com:*:nL4N2P41DJ
    ** BHP Group  BHP.AX  and Fortescue Metals Group  FMG.AX 
are also expected to report bumper profit in August 
    ** Rio's Australia-listed shares rise ~6.4% so far this
week, while London shares up 6.1% to its best showing since May 
    ** Analysts expect capital returns could be high in the
second half as well

 (Reporting by Nikhil Kurian Nainan)
 ((NikhilKurian.Nainan@thomsonreuters.com; Twitter:
@NikhilKurianN))
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