Rio Tinto to Pay Its Highest-Ever Dividend After Posting Record Profit


Rio Tinto‘s earnings for 2021 jumped 72% as prices of commodities soared and the world’s second-largest miner said it would reward shareholders with its highest-ever dividend.

Rio Tinto (ticker: RIO) posted underlying earnings of about $21.4 billion, up 72% from a year earlier. The earnings, a record, were mostly in line with analysts’ estimates. Revenue in the quarter of $63.5 billion rose 42% from a year earlier.


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