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    RIO   GB0007188757

RIO TINTO PLC

(RIO)
  Report
Delayed Quote. Delayed London Stock Exchange - 09/22 11:39:02 am
4841 GBX   +2.66%
08:24aRIO TINTO : Jefferies Trims Rio Tinto PT, Maintains Buy Rating
MT
07:27aRIO TINTO : Jefferies reiterates its Buy rating
MD
09/21Top global companies call for zero emmissions shipping by 2050
RE
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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Rio Tinto 1st Half Net Profit, Dividends Sharply Higher

07/28/2021 | 12:44am EDT

By Rhiannon Hoyle

SYDNEY--Rio Tinto PLC notched a $12.31 billion first-half net profit and more than tripled its midyear payout to shareholders, benefiting from a bull run in commodity prices that has stoked inflation expectations around the world.

The world's second-biggest mining company by market value on Wednesday said its net profit was sharply higher than the $3.32 billion achieved a year ago.

First-half underlying earnings, which strip out some one-off items, more than doubled to $12.17 billion, beating the $12.01 billion consensus estimate compiled by Vuma from 14 analyst forecasts.

The boom in profits translated into big returns for shareholders. Directors declared an interim dividend of $3.76 a share, up from $1.55 a share the same time last year. They also unveiled a special dividend worth $1.85 a share.

Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com

(END) Dow Jones Newswires

07-28-21 0244ET

Stocks mentioned in the article
ChangeLast1st jan.
RIO TINTO PLC 2.66% 4841 Delayed Quote.-11.50%
SILVER -0.41% 22.5928 Delayed Quote.-14.59%
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More news
Analyst Recommendations on RIO TINTO PLC
More recommendations
Financials (USD)
Sales 2021 65 708 M - -
Net income 2021 23 655 M - -
Net cash 2021 4 085 M - -
P/E ratio 2021 4,57x
Yield 2021 17,4%
Capitalization 109 B 109 B -
EV / Sales 2021 1,59x
EV / Sales 2022 1,95x
Nbr of Employees 47 500
Free-Float 65,3%
Chart RIO TINTO PLC
Duration : Period :
Rio Tinto plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends RIO TINTO PLC
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 23
Last Close Price 65,92 $
Average target price 83,00 $
Spread / Average Target 25,9%
EPS Revisions
Managers and Directors
Jakob Stausholm Chief Executive Officer & Executive Director
Peter Lloyd Cunningham Chief Financial Officer & Executive Director
Simon Robert Thompson Chairman
Arnaud Soirat Chief Operating Officer
Megan Clark Independent Non-Executive Director
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