Rio Tinto Group (ASX:RIO – Get Free Report) insider Dean Valle acquired 424 shares of the company’s stock in a transaction that occurred on Wednesday, February 26th. The shares were acquired at an average cost of A$117.16 ($74.15) per share, with a total value of A$49,674.99 ($31,439.87).
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 25.88. The firm has a market cap of $106.20 billion, a P/E ratio of 11.51, a P/E/G ratio of -0.24 and a beta of 0.59.
Rio Tinto Group Cuts Dividend
The company also recently announced a Final dividend, which will be paid on Wednesday, April 16th. Shareholders of record on Wednesday, April 16th will be paid a dividend of $3.536 per share. This represents a yield of 2.86%. The ex-dividend date of this dividend is Wednesday, March 5th. Rio Tinto Group’s dividend payout ratio (DPR) is presently 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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