Rio Tinto Group (ASX:RIO) Declares Interim Dividend of $2.70

Rio Tinto Group (ASX:RIO) announced a interim dividend on Thursday, August 1st, MarketIndexAU reports. Stockholders of record on Wednesday, September 25th will be given a dividend of 2.70 per share on Wednesday, September 25th. This represents a dividend yield of 2.26%. The ex-dividend date of this dividend is Wednesday, August 14th. This is a boost from Rio Tinto Group’s previous interim dividend of $2.61.

Rio Tinto Group Stock Performance

The company has a quick ratio of 1.34, a current ratio of 1.69 and a debt-to-equity ratio of 25.47.

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.