MENU

Rio Tinto shares trade ex-dividend

Mining giant Rio Tinto (ASX: RIO) trades ex-dividend today. On August 8th, the company reported an 18% fall in half year earnings, yet raised its interim dividend by 15% to 93 cents.

The fully franked dividend will be paid on 12 September 2013 to Rio Tinto shareholders on the register at the close of business on 16 August 2013.

Trading around $62, Rio Tinto trades on a forecast dividend yield of 2.7%. By comparison, BHP Billiton trades on a forecast dividend yield of around 2.8%.

While those dividend yields are decent, they’ve got nothing on The Motley Fool’s #1 dividend-paying stock.

You can discover The Motley Fool’s favourite dividend idea for 2013-2014 by clicking here. The “The Motley Fool’s Top Dividend Stock for 2013-2014” report is absolutely free.

Two New Stock Picks Every Month!

Not to alarm you, but you’re about to miss a very important event! Chief Investment Advisor Scott Phillips and his team at Motley Fool Share Advisor are about to reveal their latest official stock recommendation. The premium “buy alert” will be unveiled to members and you can be among the first to act on the tip.

Don’t let this opportunity pass you by – this is your chance to get in early!

Simply enter your email now to find out how you can get instant access.

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our Financial Services Guide (FSG) for more information.