Rio Tinto Plc ( RIO ) will begin trading ex-dividend on August 09, 2018. A cash dividend payment of $1.271 per share is scheduled to be paid on September 20, 2018. Shareholders who purchased RIO prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -29.19% decrease from the prior dividend payment.
The previous trading day's last sale of RIO was $51.51, representing a -15.17% decrease from the 52 week high of $60.72 and a 17.4% increase over the 52 week low of $43.88.
RIO is a part of the Basic Industries sector, which includes companies such as BHP Billiton Limited ( BHP ) and VALE S.A. ( VALE ). Zacks Investment Research reports RIO's forecasted earnings growth in 2018 as -7.41%, compared to an industry average of 10.5%.
Interested in gaining exposure to RIO through an Exchange Traded Fund [ETF]?
The following ETF(s) have RIO as a top-10 holding:
- iShares, Inc. ( PICK )
- VanEck Vectors Steel ETF ( SLX )
- IQ ARB Global Resources ETF ( GRES )
- iShares Edge MSCI Multifactor Intl ETF ( INTF )
- Principal International Multi-Factor Index ETF ( PXUS ).
The top-performing ETF of this group is GRES with an decrease of -1.7% over the last 100 days. PICK has the highest percent weighting of RIO at 2.84%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.