RIO cuts semi-annual dividend 16.93% to $2.11 per share

Rio Tinto Group (RIO) has announced a reduced semi-annual dividend of $2.1100 per share, down 16.93% from the previous payment of $2.5400. The new dividend will go ex-dividend on 2026-08-14. This marks the second consecutive semi-annual dividend cut for the mining giant.

The numbers

The upcoming payment of $2.11 per share is part of a semi-annual schedule. Recent payments have fluctuated: $2.58 (March 2024), $1.77 (August 2024), $2.25 (March 2025), $1.48 (August 2025), $2.54 (March 2026), and now $2.11 (August 2026). The trailing twelve-month dividend per share stands at $4.65, giving a TTM yield of 4.86% at the current price of $95.68. Over the past five years, the dividend has declined at a compound annual growth rate of -0.7%, and there have been no consecutive years of increases.

What it means for income investors

For an investor holding 100 shares, the new semi-annual dividend would amount to $211 per payment, or $422 annually, down from $508 previously. This reduction reflects the company's current payout policy and market conditions. Investors should review the full dividend history for RIO to assess long-term trends.

Reporting based on: DividendSmart market data. Figures verified against market data where available.