Pilbara infrastructure

Dividends

Latest Dividend

On 26 February 2020 the Board of Rio Tinto declared a final dividend of 231 US cents per share, payable on 16 April 2020 to holders of ordinary shares and ADRs on the register as at 6 March 2020*. Based on exchange rates on 25 February 2020, Rio Tinto plc shareholders will receive 177.47 pence per share and Rio Tinto Limited shareholders will receive 349.74 Australian cents per share for the final dividend. ADR holders will receive the dividends, as declared, in US dollars.

*The record date for holders of US ADRs will be 9 March 2020.

  • Dividend Policy

    At the end of each financial period, the board will determine an appropriate total level of ordinary dividend per share, taking into account the results for the financial year, the outlook for our major commodities, the board’s view of the long-term growth prospects of the business and the Company’s objective of maintaining a strong balance sheet. The intention is that the balance between the interim and final dividend is weighted to the final dividend.

    The board expects total cash returns to shareholders over the longer term to be in a range of 40 to 60 per cent of underlying earnings in aggregate through the cycle.

    The board is committed to maintaining an appropriate balance between cash returns to shareholders and investment in the business, with the intention of maximising shareholder value.

    Acknowledging the cyclical nature of the industry, in periods of strong earnings and cash generation, it is the board’s intention to supplement the ordinary dividends with additional returns to shareholders.

  • Dividend Determination

    Dividend Determination

    The majority of our sales are transacted in US dollars, making this the most appropriate measure for our global business performance. It is our main reporting currency and consequently the natural currency for dividend determination. Dividends determined in US dollars are translated at exchange rates prevailing one day prior to the declaration and payable in sterling by Rio Tinto plc and in Australian dollars by Rio Tinto Limited.

    On request, shareholders of Rio Tinto plc can elect to receive dividends in Australian dollars, and Rio Tinto Limited shareholders can elect to receive dividends in sterling. If such an election is made, the dividend amounts received will be calculated by converting the declared dividend using the exchange rates applicable to sterling and Australian dollars five days prior to the dividend payment date.

    Holders of American Depositary Shares are paid dividends, at the declared rate, in US dollars.

  • Dividend Mandates

    Dividend Mandates

    Registered shareholders may elect to have cash dividends paid directly into any bank, building society or credit union account.

  • Dividends & Taxation – Rio Tinto Limited Dividend Imputation System

    Dividends & Taxation – Rio Tinto Limited Dividend Imputation System

    The basis of the Australian dividend imputation system is that when Australian resident shareholders receive dividends from Rio Tinto Limited, they may be entitled to a credit for the tax paid by the Company in respect of that income, depending on the tax status of the shareholder. The application of the system results in the tax paid by the Company being allocated to shareholders by way of imputation credits attaching to the dividends they receive. Such dividends are known are franked dividends. A dividend may be partly or fully franked. Any imputation credits attached to the dividend are shown in the Dividend Statement provided to shareholders.

    Since 1988, all Rio Tinto Limited dividends have been fully franked.

  • Rio Tinto plc
  • Rio Tinto Limited
  • Rio Tinto ADRs
  • Dividend History & Calculator
  • Share Dividend Reinvestment Plan

 

Rio Tinto plc offers a Dividend Reinvestment Plan that gives shareholders the opportunity to use their cash dividends to buy Rio Tinto plc shares in the market.

The plan is administered by Computershare Investor Services PLC which is authorised and regulated by the Financial Services Authority.

Description

Reinvestment price (£)

April 2020

59.828703

September 2020

49.7932

April 2020

36.9866

September 2019

42.5709

April 2019

46.127951

September 2018

38.166985

April 2018

37.405268

September 2017

34.6192

April 2017

32.729515

September 2016

25.11258

April 2016

19.402888

September 2015

23.6626

April 2015

28.60083

September 2014

32.1223

April 2014

33.8127

September 2013

31.80

April 2013

31.3345

September 2012

30.5343

April 2012

34.4378

September 2011

37.20

March 2011

44.1469

September 2010

35.5367

April 2010

40.1452

April 2009

21.5789

October 2008

35.445

April 2008

59.847

September 2007

36.52

April 2007

30.8068

September 2006

27.58

April 2006

31.37

September 2005

19.465

April 2005

17.38

September 2004

13.5357

April 2004

13.7298

September 2003

13.7212

April 2003

12.6612

September 2002

10.9875

April 2002

13.886

September 2001

10.65

April 2001

12.2756

August 2000

11.43

April 2000

10.54

August 1999

11.14

April 1999

8.80


  • Dividend History
  • Share Dividend Reinvestment Plan

Dividend History

Description Dividend amount Imputation credit Ex-dividend date Payment date
US cents/share Aus cents/share Aus cents/share
Special 2020 93.00 119.63 51.27 4 March 2021 15 April 2021
Final 2020 309.00 397.48 170.35 4 March 2021 15 April 2021
Interim 2020 155.00 216.47 92.77 6 August 2020 17 September 2020
Final 2019 231.00 349.74 149.89 5 March 2020 16 April 2020
Special 2019 61.00 88.5 37.929 8 August 2019 19 September 2019
Interim 2019 151.00 219.08 93.891 8 August 2019 19 September 2019
Special 2018 243.00 338.7 145.157 7 March 2019 18 April 2019
Final 2018 180.00 250.89 107.524 7 March 2019 18 April 2019
Interim 2018 127.00 170.84 73.217 9 August 2018 20 September 2018
Final 2017 180.00 228.53 97.941 1 March 2018 12 April 2018
Interim 2017 110.00 137.72 59.023 10 August 2017 21 September 2017
Final 2016 125.00 163.62 70.123 23 February 2017 6 April 2017
Interim 2016 45.00 59.13 25.341 11 August 2016 22 September 2016
Final 2015 107.50 151.89 65.095 24 February 2016 7 April 2016
Interim 2015 107.50 144.91 62.104 12 August 2015 10 September 2015
Final 2014 119.00 152.98 65.563 4 March 2015 9 April 2015
Interim 2014 96.00 103.09 44.181 13 August 2014 11 September 2014
Final 2013 108.50 120.14 51.489 5 March 2014 10 April 2014
Interim 2013 83.50 93.00 39.857 14 August 2013 12 September 2013
Final 2012 94.50 91.67 39.287 6 March 2013 11 April 2013
Interim 2012 72.5 68.51 29.361 15 August 2012 13 September 2012
Final 2011 91.0 84.20 36.086 29 February 2012 12 April 2012
Interim 2011 54.0 49.81 21.347 10 August 2011 8 September 2011
Final 2010 63.0 61.94 26.546 2 March 2011 31 March 2011
Interim 2010 45.0 49.27 21.116

11 August 2010

9 September 2010
Final 2009 45.0 51.56 22.1 24 February 2010 1 April 2010
Final 2008 68.0 101.48 43.49 18 February 2009 8 April 2009
Interim 2008 68.0 77.35 33.15 3 September 2008 2 October 2008
Final 2007 84.0 93.02 39.866 20 February 2008 11 April 2008
Interim 2007 52.0 60.69 26.01 8 August 2007 6 September 2007
Final 2006 64.0 82.84 35.50 7 March 2007 13 April 2007
Interim 2006 40.0 52.48 22.491 9 August 2006 7 September 2006
Special 2005 110.0 145.42 62.323 22 February 2006 6 April 2006
Final 2005 41.5 54.86 23.511 22 February 2006 6 April 2006
Interim 2005 38.5 50.56 21.668 10 August 2005 8 September 2005
Final 2004 45.0 58.29 24.98 23 February 2005 8 April 2005
Interim 2004 32.0 45.53 19.513

11 August 2004

10 September 2004
Final 2003 34.0 44.68 19.149 10 March 2004 6 April 2004
Interim 2003 30.0 45.02 19.294 13 August 2003 12 September 2003
Final 2002 30.5 51.87 22.230 5 March 2003 7 April 2003
Interim 2002 29.5 54.06 23.169 14 August 2002 13 September 2002
Final 2001 39.0 75.85 32.507 6 March 2002 8 April 2002
Interim 2001 20.0 39.42 16.894 13 August 2001 14 September 2001
Final 2000 38.5 69.76 35.937 7 March 2001 6 April 2001
Interim 2000 19.0 32.68 16.835 14 August 2000 15 September 2000
Final 1999 38.5 61.47 34.577 6 March 2000 7 April 2000
Interim 1999 16.5 25.64 14.423 9 August 1999 31 August 1999
Final 1998 35.5 55.56 31.253 9 March 1999 7 April 1999

Dividend determination

As the majority of the Group's sales are transacted in US dollars it is the most reliable currency in which to measure the Group's financial performance and is its main reporting currency. The US dollar is therefore the natural currency for dividend determination. Dividends determined in US dollars are translated at exchange rates prevailing two days prior to announcement and are then declared payable in pounds sterling by Rio Tinto plc and in Australian dollars by Rio Tinto Limited.

UK shareholders of Rio Tinto Limited can elect to receive dividends in pounds sterling.

Payment elections

Australian and UK shareholders may elect to have cash dividends paid directly into any bank, building society or credit union account.

Dividends and taxation

Dividend imputation system

The basis of the Australian dividend imputation system is that when Australian resident shareholders receive dividends from Rio Tinto Limited, they may be entitled to a credit for the tax paid by the Company in respect of that income, depending on the tax status of the shareholder. The application of the system results in the tax paid by the Company being allocated to shareholders by way of imputation credits attaching to the dividends they receive. Such dividends are known are franked dividends. A dividend may be partly or fully franked. Any imputation credits attached to the dividend are shown in the Dividend Statement provided to shareholders.

Fully franked dividends

Since 1988, all dividends declared by Rio Tinto Limited have been fully franked. It is the Company's policy to pay fully franked dividends whenever possible.

Share Dividend Reinvestment Plan

The Rio Tinto Limited Dividend Reinvestment Plan (DRP) is run by Computershare Investor Services Pty Limited. If you wish to participate in the DRP you can elect to do so online at investorcentre.com/rio or by contacting Computershare Investor Services Pty Limited directly.

Description

Reinvestment price (A$)

2020 Final and special dividends

119.228948

2020 Interim dividend

100.510316

2019 Final dividend

90.070300

2019 Interim and special dividends

93.051111

2018 Final and special dividends

98.415529

2018 Interim dividend

78.485686

2017 Final dividend

77.666055

2017 Interim dividend

66.019139

2016 Final dividend

60.566652

2016 Interim dividend

49.196092

2015 Final dividend

43.299727

2015 Interim dividend

51.731439

2014 Final dividend

56.657700

2014 Interim dividend

61.596200

2013 Final dividend

65.210800

2013 Interim dividend

64.320100

2012 Final dividend

58.145700

2012 Interim dividend

55.326711

2011 Final dividend

64.322700

2011 Interim dividend

71.174100

2010 Final dividend

84.645000

2010 Interim dividend

74.118681

2009 Final dividend

79.345000

2009 Interim dividend

No dividend paid

2008 Final dividend

53.247698

2008 Interim dividend

92.896278

2007 Final dividend

137.305292

2007 Interim dividend

98.975517

2006 Final dividend

83.262674

2006 Interim dividend

73.783556

2005 Final & Special dividend

83.407725

2005 Interim dividend

51.075279

2004 Final dividend

45.472474

2004 Interim Dividend

36.492768

2003 Final dividend

35.223596

2003 Interim dividend

34.162970

2002 Final dividend

32.463310

2002 Interim dividend

31.782601

2001 Final dividend

37.999872

2001 Interim dividend

30.475959

2000 Final dividend

35.594344

2000 Interim dividend

24.996795

1999 Final dividend

25.707200

1999 Interim dividend

27.549600

Dividend
Payment date
Dividend amount (US cents per share)
Interim 2020 17 September 2020 155.00
Final 2020 16 April 2020 231.00
Special 2019 9 August 2019 151.00
Interim 2019 9 August 2019 61.00
Special 2018 18 April 2019 243.00
Final 2018 18 April 2019 180.00
Interim 2018 20 September 2018 126.79
Final 2017 12 April 2018 181.15
Interim 2017 21 September 2017 110.99
Final 2016 6 April 2017 125.62
Interim 2016 22 September 2016 44.59
Final 2015 7 April 2016 106.66
Interim 2015 10 September 2015 104.94
Final 2014 9 April 2015 115.76
Interim2014 11September 2014 93.30
Final 2014 10 April 2014 109.18
Interim 2013 12 September 2013 84.62
Final 2012 11April 2013 91.60
Interim 2012 13 September 2012 73.99
Final 2011 12April 2012 91.56
Interim 2011 9 September 2011 53.55
Final 2010 31 March 2011 63.25
Interim 2010 10 September2010 43.45
Final2009 1 April 2010 45.00
Final2008 9 April 2009 68.00
Interim 2008 3 October 2008 68.00
Final 2007 14 April 2008 84.00
Interim 2007 7 September 2007 52.00
Final 2006 13 April 2007 64.00
Interim 2006 8 September 2006 40.00
Special 2005 7 April 2006 110.0
Final 2005 7 April 2006 41.50
Interim 2005 9 September 2005 38.50
Final 2004 11 April 2005 45.00
Interim 2004 13 September 2004 32.00
Final 2003 7 April 2004 34.00
Interim 2003 15 September 2003 30.00
Final 2002 8 April 2003 30.50
Interim 2002 16 September 2002 29.50
Final 2001 9 April 2002 39.00
Interim 2001 17 September 2001 20.00
Final 2000 9 April 2001 38.50
Interim 2000 18 September 2000 19.00
Final 1999 10April 2000 38.50
Interim 1999 1September 1999 16.50

Dividends restated for ADR ratio change

On 12 April 2010, Rio Tinto announced a ratio change for the Rio Tinto plc American Depository Receipts (ADR) programme.  With effect from 30 April 2010, one ADR represents one Ordinary share of 10p in Rio Tinto plc prior to this date one ADR represented 4 Ordinary shares.  To effect this change, ADR holders received 3 additional ADRs for every 1 ADR held as of 22 April 2010, the ADR record date.  Dividends paid prior to 30 April 2010 have been restated for the impact of the ratio change.