Insider Buying: Rio Tinto Group (ASX:RIO) Insider Buys A$16,062.00 in Stock

Rio Tinto Group (ASX:RIO) insider Benjamin (Ben) Wyatt purchased 100 shares of Rio Tinto Group stock in a transaction dated Monday, February 23rd. The stock was acquired at an average price of A$160.62 per share, for a total transaction of A$16,062.00.

Rio Tinto Group Price Performance

The company has a debt-to-equity ratio of 25.88, a quick ratio of 1.34 and a current ratio of 1.70. The firm has a market cap of $106.20 billion, a price-to-earnings ratio of 11.51, a PEG ratio of -0.24 and a beta of 0.59.

Rio Tinto Group Announces Dividend

The firm also recently disclosed a Final dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 15th will be given a $3.602 dividend. This represents a dividend yield of 221.0%. The ex-dividend date of this dividend is Wednesday, March 4th. Rio Tinto Group’s dividend payout ratio is currently 68.63%.

About Rio Tinto Group

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore, Aluminium, Copper, and Minerals Segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia. The Aluminum segment is involved in bauxite mining; alumina refining; and aluminium smelting. The Copper segment engages in mining and refining of copper, gold, silver, molybdenum, and other by-products and exploration activities.