Ill tell you were the confusion may come from. Its the shares outstanding & duel listing. The difference between Rio Tinto PLC & RIo Tinto Limited. Rio Tinto Limited is the ASX listing as has 371m of the 1617.4m shares outstanding of Rio Tinto as a hole.
If you take at face value Rio Tinto's financial statements & dont make the adjustment for the fact the ASX listed shares are entitled to 19% of the earnings/assets. You will get wildly distorted ratios. With a current market cap of 48B AUD, compare that to a rough average of dividends paid 2019/2020 of 8B USD. That would be over a 20% dividend yield. If Bell Potter are forecasting a 21 dollar dividend then I would guess they have failed to adjust their analysis for the duel listing. Im sure this is very encouraging for clients of theirs.
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Last
$134.09 |
Change
-1.780(1.31%) |
Mkt cap ! $49.77B |
Open | High | Low | Value | Volume |
$135.15 | $135.26 | $133.71 | $165.3M | 1.231M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 593 | $134.08 |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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3 | 349 | 134.000 |
2 | 2095 | 133.930 |
2 | 416 | 133.900 |
1 | 2095 | 133.830 |
Price($) | Vol. | No. |
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134.120 | 3977 | 1 |
134.150 | 40 | 1 |
134.200 | 180 | 1 |
134.230 | 4540 | 1 |
134.300 | 250 | 1 |
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Last
$134.07 |
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Change
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Open | High | Low | Volume | ||
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