Rio Tinto Group (ASX:RIO) Insider Susan Lloyd-Hurwitz Purchases 653 Shares

Rio Tinto Group (ASX:RIO) insider Susan Lloyd-Hurwitz acquired 653 shares of Rio Tinto Group stock in a transaction that occurred on Friday, February 28th. The stock was acquired at an average cost of A$114.65 ($72.11) per share, with a total value of A$74,867.10 ($47,086.23).

Rio Tinto Group Price Performance

The stock has a market capitalization of $106.20 billion, a P/E ratio of 11.51, a price-to-earnings-growth ratio of -0.24 and a beta of 0.59. The company has a quick ratio of 1.34, a current ratio of 1.70 and a debt-to-equity ratio of 25.88.

Rio Tinto Group Cuts Dividend

The company also recently announced a Final dividend, which will be paid on Wednesday, April 16th. Investors of record on Wednesday, April 16th will be given a dividend of $3.536 per share. The ex-dividend date is Wednesday, March 5th. This represents a yield of 2.86%. Rio Tinto Group’s payout ratio is 68.63%.

Rio Tinto Group Company Profile

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.