RIO News: Rio Tinto Faces Headwinds Despite Record-Breaking Profits - 24th Feb 2022, 5:30am

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Rio Tinto has paid out a monster $16.8bn (£12.4bn) dividend to shareholders, the second biggest in the history of the FTSE 100, after it rebounded from the pandemic with record profits.

In the company’s freshly released full-year results, the miner recorded a 116 percent boost in after-tax profits, rising to $21.1bn.

It also unveiled a total dividend of $10.40 per share – representing a 79 percent pay-out.

This is a record payout for the company, and the second biggest dividend i...

>>> Read more: Rio Tinto Faces Headwinds Despite Record-Breaking Profits
 
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