Rio Tinto Group (ASX:RIO – Get Free Report) insider Dean Valle purchased 206 shares of the stock in a transaction that occurred on Tuesday, October 15th. The shares were purchased at an average cost of A$122.86 ($82.46) per share, with a total value 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 declared a Interim dividend, which was paid on Wednesday, September 25th. Investors of record on Wednesday, September 25th were issued a $2.70 dividend. The ex-dividend date of this dividend was Wednesday, August 14th. This represents a yield of 2.26%. This is an increase from Rio Tinto Group’s previous Interim dividend of $2.61. Rio Tinto Group’s dividend 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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