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mgiuliani
Apr 28, 2022 4:51 PM

Rio Tinto (RIO) Long

RIO TINTO ORD GBP0.10LSE

Description

The recovery of the global economy, driven by industrial production, resulted in significant price strength for our major commodities, which we were able to capture, achieving record financial results with free cash flow of $17.7 billion and underlying earnings of $21.4 billion, after taxes and government royalties of $13.0 billion. This enables us to pay our highest total dividend ever of 1,040 US cents per share, including a 247 US cents per share special dividend, representing a 79% payout.
Comments
mgiuliani
IMPORTANT:
Please remind yourself that this is just my personal view on the market. My analysis should NOT serve as any recommendation to buy or to sell.
Always make your analysis of your own before your trade.
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dennisemma235
I totally agree with you. fair price is at 45 dollars for me
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