SmarterDividends
RIO

Rio Tinto Group

RIO

Basic Materials · Other Industrial Metals & Mining · Stock · semiannual payer

$86.92

Overvalued · -21% Add to Portfolio

Forward Yield

5.35%

Annual Dividend

$4.65

Payout Ratio

54%

5-Yr Growth

-0.7%

Ex-Date

Aug 14, 2026

Frequency

Semiannual

Key facts about RIO's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 22, 2026, Rio Tinto Group (RIO) has a forward dividend yield of 5.35%, based on an annual dividend of $4.65 per share and a share price of $86.92.
  • As of Oct 22, 2026, RIO's dividend safety grade from SmarterDividends is C (63 out of 100), which rates the dividend as borderline.
  • RIO last cut its regular dividend in 2025.
  • RIO's most recent ex-dividend date was Aug 14, 2026, for a dividend of $2.11 per share.
  • As of Oct 22, 2026, RIO pays out 54% of its trailing 12-month earnings as dividends (its payout ratio).
  • RIO's dividend has shrunk at an average rate of 0.7% a year over the past five years.
  • As of Oct 22, 2026, RIO's 5.35% yield is 37% below its five-year average yield of 8.43%.
  • As of Oct 22, 2026, SmarterDividends' blended fair-value estimate for RIO is $68.37 per share, 21% below the $86.92 share price, so RIO screens as overvalued.
  • Rio Tinto Group (RIO) pays its dividend semiannual, 2 times a year.
Cite this page

SmarterDividends, "RIO Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 22, 2026, https://smarterdividends.com/stocks/RIO

Summary

As of Oct 22, 2026, Rio Tinto Group (RIO) yields 5.35% ($4.65 a year per share) and has a dividend safety grade of C (63/100).

Is RIO a good dividend stock?

Yes, with caveats

Rio Tinto Group (RIO) pays a semiannual dividend yielding 5.35% ($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%)
  • 44% total price return over 5 years

Risks

  • Cut its dividend in 2025
  • Dividend has been shrinking, not growing

Key Data

Dividend Yield
5.35%
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
$141.4B
P/E Ratio
11.8
5-Yr Total Return
44%
52-Week Range
$67.74 – $112.58
Dividend Safety
C · 63/100
Ever Cut?
Yes (2025)

RIO dividend changes

Rio Tinto Group (RIO) pays a variable dividend: across the 72 payments on record since 1990, 40 were higher than the one before and 18 lower. The latest change was up 42.6% to $2.11 per share, going ex-dividend on Aug 14, 2026.

Ex-dateChangeOld → newMove
Aug 14, 2026Higher$1.48 → $2.11+42.6%
Mar 6, 2026Higher$2.25 → $2.54+12.9%
Aug 15, 2025Lower$1.77 → $1.48−16.4%
Mar 7, 2025Lower$2.58 → $2.25−12.8%
Mar 7, 2024Higher$2.25 → $2.58+14.7%
Aug 10, 2023Lower$2.67 → $1.77−33.7%
Mar 9, 2023Lower$4.79 → $2.25−53.0%
Aug 11, 2022Lower$5.61 → $2.67−52.4%
Mar 10, 2022Higher$4.02 → $4.79+19.2%
Aug 12, 2021Higher$1.55 → $5.61+261.9%
Mar 4, 2021Higher$2.31 → $4.02+74.0%
Aug 6, 2020Lower$2.12 → $1.55−26.9%
Every RIO payment →Download every raise and cut (CSV)
RIO ex-dividend date & scheduleNext ex-date Aug 14, 2026 · full ex-dividend historyView →RIO dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is RIO a good dividend stock?

Yes, with caveats. Rio Tinto Group (RIO) pays a semiannual dividend yielding 5.35% ($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.

Is RIO undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, RIO's fair value is about $68.37 versus a $86.92 share price — so it looks overvalued (-21% vs. fair value).

Is RIO's dividend safe?

RIO has a dividend-safety grade of C (63/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

What is RIO's fair value?

Our blended fair-value estimate for RIO is about $68.37 per share, about 21% below the current $86.92 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is RIO a buy, hold, or sell?

We don't issue formal ratings, but on the data RIO screens as "yes, with caveats" and overvalued. Rio Tinto Group (RIO) pays a semiannual dividend yielding 5.35% ($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. This is research for your own analysis, not investment advice.

Will RIO cut its dividend?

RIO earns a dividend-safety grade of C (63/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does RIO pay a dividend?

Yes. Rio Tinto Group pays a semiannual dividend of about $4.65 per share annually, a forward yield of roughly 5.35%.

What is RIO's dividend yield?

As of Oct 22, 2026, RIO's forward dividend yield is 5.35%, based on a $4.65 annual dividend and a $86.92 share price.

What is RIO's dividend per share?

As of Oct 22, 2026, RIO pays $4.65 per share per year, distributed on a semiannual basis.

What is RIO's dividend payout ratio?

As of Oct 22, 2026, RIO's payout ratio is 54% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has RIO grown its dividend?

RIO does not currently have a long dividend-growth streak on record.

When is the next RIO ex-dividend date?

As of Oct 22, 2026, RIO's next ex-dividend date hasn't been announced. The most recent was Aug 14, 2026, for $2.11 per share.

Income Calculator

At $4.65 / yr per share

Per payment (semiannual)$232.50
Annual$465.00
Monthly avg$38.75

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