Own Rio Tinto shares? Here are the key dates to watch in 2023

Another busy year lies ahead for this mining giant…

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

Image source: Getty Images

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

If you have Rio Tinto Limited (ASX: RIO) shares in your portfolio, you may be curious about what lies ahead in 2023.

Rather helpfully, the mining giant has just released a summary of its key dates for the year ahead.

The dates to watch for in 2023

Arguably, the most important date to circle in your diary is 22 February. On this day, Rio Tinto will be releasing its full year results for FY 2022.

According to consensus estimates, on that day, the market is expecting Rio Tinto to report underlying EBITDA of US$26,874 million and underlying earnings of US$14,104 million. This is expected to lead to a final dividend of US$2.57 per share, which takes its full year dividend to US$5.24 per share.

This brings us nicely onto the next key date to put in your diary. On 9 March, the Rio Tinto shares will trade ex-dividend for its final dividend of FY 2022.

After which, if you're eligible to receive this dividend, you will be paid it on 20 April.

What else could impact Rio Tinto shares next year?

Moving on, another couple of dates to add to your diary are the company's annual general meetings, which are scheduled to be held on 6 April for UK shareholders and 4 May for Australian shareholders.

In between those events, Rio Tinto will be releasing its first quarter operational update for FY 2023 on 21 April.

After which, it won't be long until the mining giant is scheduled to release its next set of results. On 26 July, Rio Tinto's half year results will be announced.

No consensus data is available for the half year period, but the market is expecting a 14% decline in underlying EBITDA to US$23,289 million for the 12 months. So, a result tracking in line with this estimate at the halfway point will largely be expected.

Rio Tinto shares will then trade ex-dividend for its interim dividend of FY 2023 on 10 August. Payment will follow almost six weeks later on 21 September.

Motley Fool contributor James Mickleboro 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 Scott Phillips.

More on Materials Shares

two men in hard hats and high visibility jackets look together at a laptop screen that one of the men in holding at a mine site.
Materials Shares

Own Rio Tinto shares? Here's your quarterly update preview

What is the market expecting from this mining giant?

Read more »

A young woman lifts her red glasses with one hand as she takes a closer look at news about interest rates rising and one expert's surprising recommendation as to which ASX shares to buy
Materials Shares

Why is this ASX lithium stock rocketing 32% today?

Investors are cheering on a big announcement.

Read more »

A couple sits on a sofa, each clutching their heads in horror and disbelief, while looking at a laptop screen.
Materials Shares

These ASX lithium stocks could crash 20% to 40%

Analysts are feeling bearish about these lithium stocks.

Read more »

A man looking at his laptop and thinking.
Materials Shares

What could $1,000 invested in Pilbara Minerals shares become in 1 year?

Is it worth investing in this lithium miner's shares?

Read more »

a man in a hard hat and high visibility vest smiles as he stands in the foreground of heavy mining equipment on a mine site.
Broker Notes

Up 15% in 13 days, is it too late to buy South32 shares?

South32 shares have risen 1%-plus per day for the past 13 trading days. Have investors missed the boat?

Read more »

A female miner wearing a high vis vest and hard hard smiles and holds a clipboard while inspecting a mine site with a colleague.
Materials Shares

Own BHP shares? Here's your quarterly update preview

The Big Australian is releasing its quarterly update next week.

Read more »

A bearded man holds both arms up diagonally and points with his index fingers to the sky with a thrilled look on his face over these rising Tassal share price
Materials Shares

Guess which small-cap ASX mining stock is rocketing 16% on 'outstanding' discovery

This lithium stock is catching the eye today. But what's going on?

Read more »

A young male ASX investor raises his clenched fists in excitement because of rising ASX share prices today
Materials Shares

Why is this ASX lithium stock racing 15% higher today?

Investors have been impressed with an announcement this morning.

Read more »