Attention Rio Tinto (ASX:RIO) shareholders: Here are the key dates to note in 2022

Want to know when the company's 2022 announcements are expected? Here are the details.

| More on:

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The Rio Tinto Limited (ASX: RIO) share price has continued to climb throughout the new year.

In the past couple of weeks, the company's shares have risen 6.25% in value. By contrast, the S&P/ASX 200 Index (ASX: XJO) has fallen 0.73% to 7,390.1 points over the same timeframe.

At Tuesday's closing bell, Rio Tinto shares finished the day up 0.36% to $106.37.

With the new year upon us, we take a look at what's ahead for the mining heavyweight.

A man wearing a shirt, tie and hard hat sits in an office and marks dates in his diary.

Image source: Getty Images

The dates to watch for in 2022

Late last month, Rio Tinto provided investors with its key dates for the 2022 calendar year.

The most important date to circle in your diary is the company's announcement of its 2021 full-year results on 23 February. Rio Tinto will report how it performed for the last 12 months along with its final dividend.

Following the release, Rio Tinto shares will trade ex-dividend on 10 March. This is when investors must have purchased the company's shares to be eligible for the upcoming dividend payment.

In addition, eligible shareholders can elect to participate in the dividend reinvestment plan (DRP) with the deadline being 29 March.

The payment date for the final dividend is scheduled for 21 April, when investors will collect a portion of the company's profits. Rio Tinto traditionally rewards its shareholders with 60% of its profits as dividends.

In FY20, the board declared a final dividend of $5.17 per share, its third-biggest payout to date.

Moving ahead, the company will hold its 2022 annual general meeting on 5 May. This will likely recap the events over the last 12 months, as well as the near-term outlook for the mining outfit.

Rio Tinto's half-year results for FY22 are set to be disclosed to the ASX on 27 July. This will also comprise an interim dividend for the six-month period.

Rio Tinto shares will again trade ex-dividend on 11 August. The final date for elections under the DRP will fall on 1 September.

Shareholders who are eligible to receive Rio Tinto's distribution of profits will collect payment on 22 September.

Rio Tinto share price summary

Despite travelling higher in 2022, it has been a disappointing 12 months for Rio Tinto shareholders. The company's shares have lost around 13% for the period.

Based on valuation grounds, Rio Tinto has a market capitalisation of $39.49 billion and a price-to-earnings (P/E) ratio of 13.56.

Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on Resources Shares

A woman stands in a field and raises her arms to welcome a golden sunset.
Resources Shares

Newmont shares jump again as record cash flow and buyback boost sentiment

Newmont shares rise after reporting record cash flow and expanded buybacks.

Read more »

Calculator and gold bars on Australian dollars, symbolising dividends.
Resources Shares

Newmont declares quarterly dividend for ASX investors

Newmont Corporation declares a US$0.26 quarterly dividend for ASX investors, with payment to follow in June 2026.

Read more »

Lakes in the form of footsteps among the green trees, indicating steps towards a healthier planet.
Resources Shares

Fortescue invests $680m in Pilbara Green Energy Project

Fortescue commits US$680 million to expand Pilbara green energy infrastructure, aiming to meet increasing industrial and data centre demand.

Read more »

A woman sits at her computer with her hand to her mouth and a contemplative smile on her face as she reads about the performance of Allkem shares on her computer
Resources Shares

IGO lowers Greenbushes guidance

IGO's Q3 results reveal record Nova output, while maintaining focus on operational improvements and long-term battery minerals growth.

Read more »

Machinery at a mine site.
Resources Shares

PLS Group provides March quarter earnings update

PLS Group lifted quarterly revenue and cash on the back of higher lithium prices, while maintaining disciplined cost control and…

Read more »

Three miners wearing hard hats and high vis vests take a break on site at a mine as the Fortescue share price drops in FY22
Share Market News

5 years ago, $5,000 bought 118 BHP shares. How many would it buy now?

The mining giant also pays its shareholders very attractive passive income.

Read more »

Sell buy and hold on a digital screen with a man pointing at the sell square.
Broker Notes

After more than quadrupling investors' money in a year, are PLS shares still a buy?

A leading analyst delivers his outlook for the soaring PLS share price.

Read more »

Gold bars and Australian dollar notes.
Resources Shares

Regis Resources posts solid March quarter with strong cash flow and dividend

Regis Resources delivered another solid quarter with strong cash flow, record gold production, and a healthy balance sheet.

Read more »