Rio Tinto Group
RIOBasic Materials · Stock · semiannual payer
Forward Yield
4.53%
Annual Dividend
$4.65
Payout Ratio
54%
5-Yr Growth
-0.7%
Ex-Date
Aug 14, 2026
Frequency
Semiannual
Summary
As of September 2026, Rio Tinto Group (RIO) yields 4.53% ($4.65 per share annually), with a blended fair-value estimate of $69.60 — -33% downside, so it screens as overvalued. Dividend safety grade: C (63/100).
Is RIO a good dividend stock?
Yes, with caveatsRio Tinto Group (RIO) pays a semiannual dividend yielding 4.53% ($4.65/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (54%)
- 55% total price return over 5 years
Risks
- Cut its dividend in 2025
- Dividend has been shrinking, not growing
Key Data
- Dividend Yield
- 4.53%
- Payout Ratio
- 54%
- Annual Dividend
- $4.65
- 5-Yr Avg Growth
- -0.7%
- Ex-Dividend Date
- Aug 14, 2026
- Years of Growth
- 0
- Frequency
- semiannual
- Beta
- 0.66
- Market Cap
- $167.3B
- P/E Ratio
- 13.9
- 5-Yr Total Return
- 55%
- 52-Week Range
- $61.40 – $112.58
- Dividend Safety
- C · 63/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
RIO Price — Last 12 Months
Daily close
Price Return
1 Year
+56%
3 Years
+62%
5 Years
+55%
52-Week Range
$61.40 – $112.58
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is RIO worth?
Overvaluedhigh confidenceOur blended fair-value estimate for Rio Tinto Group is $69.60 per share, versus a market price of $103.30. That implies 33% of downside.
Fair Value
$69.60
Current Price
$103.30
Downside
-33%
Margin of Safety
-48%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 5.2% annual free-cash-flow growth. We model -1.9% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.6% discount rate (CAPM), -1.9% stage-1 growth, 2.5% terminal growth, $7.28 EPS, $4.65 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
RIO Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 14, 2026 | — | $2.1100 | regular |
| Mar 6, 2026 | — | $2.5400 | regular |
| Aug 15, 2025 | — | $1.4800 | regular |
| Mar 7, 2025 | — | $2.2500 | regular |
| Aug 16, 2024 | — | $1.7700 | regular |
| Mar 7, 2024 | — | $2.5800 | regular |
| Aug 10, 2023 | — | $1.7700 | regular |
| Mar 9, 2023 | — | $2.2500 | regular |
| Aug 11, 2022 | — | $2.6700 | regular |
| Mar 10, 2022 | — | $4.7900 | regular |
| Aug 12, 2021 | — | $5.6100 | regular |
| Mar 4, 2021 | — | $4.0200 | regular |
| Aug 6, 2020 | — | $1.5500 | regular |
| Mar 6, 2020 | — | $2.3100 | regular |
Income Calculator
At $4.65 / yr per share
