Rio Tinto among highest English dividend stocks

Huge dividend Rio Tinto

Investors in Rio Tinto can expect a huge dividend payment. Based on the recent analysts' consensus the stock now has one of the highest dividend returns of the English market. Analysts expect a dividend of 295 GBp per share. Thus the dividend yield equals 6,67 percent. The average dividend yield of the mining companies equals a poor 1 percent.

Dividend returns Rio Tinto

Tomorrow Rio Tinto will publish its past quarters results. Over the current book year the total revenue will be 40,61 billion GBp (consensus estimates). This is slightly more than 2017's revenue of 40,03 billion GBp.

Historical revenues and results Rio Tinto plus estimates 2018

The analysts expect for 2018 a net profit of 8,51 billion GBp. The majority of the analysts expects for this year a profit per share of 498 GBp. The price/earnings-ratio is then 8,89.

Newest target prices around 4400 GBp

Oddo Seydler Bank, Goldman Sachs and JP Morgan recently provided recommendations for the stock.

Rio Tinto's market capitalization is around 6083,59 billion GBp. The Rio Tinto stock was the past 12 months quite unstable. Since last February the stock is 15 percent higher. This year the stock price moved between 3460 and 4541 GBp. Since 2008 the stock price is almost 186 percent higher.

At 9.46 the stock trades 0,89 percent lower at 4425 GBp.

Historical stock prices Rio Tinto

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