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Stock Market & Financial Investment News

News Breaks
February 13, 2014
06:26 EDTRIORio Tinto raises full year dividend 15% to 192c
Rio Tinto announced a 15% increase in its full year dividend to 192c per share. The company said, "These strong results reflect the progress we are making to transform our business and demonstrate how we are fulfilling our commitments to improve performance, strengthen the balance sheet and deliver greater value for shareholders. We have achieved underlying earnings of $10.2 billion, exceeded our cost reduction targets and set production records. In turn, this has enhanced our cash flow generation and lowered net debt. The 15 per cent increase in our dividend reflects our confidence in the business and its attractive prospects."
News For RIO From The Last 14 Days
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November 24, 2014
14:09 EDTRIORio buyout seen by influential banker as near inevitable, Bloomberg says
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13:30 EDTRIOBanker predicts Rio Tinto to be bought by Glencore, Bloomberg reports
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November 18, 2014
13:28 EDTRIOIron ore, steel stocks lower after iron ore prices, China home prices decline
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