Summer Sale
50% off Premium Yearly
00days
00hrs
00mins
00secs
Opinions Lorne Steinberg
Rio TintoRIOCOMMENTJun 21, 2022
Safe dividend? Yes and no. They slashed it during the Great Recession and 2015 when commodities declined. They have a strong balance sheet. Don't expect their dividend to consistently rise. They pay out less when things are good, and pay more when things are good, which is the right thing to do.
Lorne SteinbergUnknown
$65.40
Stock price when the opinion was issued
$100.26
As of Jun 18, 2026. Market Open.
other mines
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.
You might be interested:
STRONG BUY
Is struggling given perceived weakness of China's economy. He's owned this a long time and won't sell it. RIO generates a lot of free cash, has a reasonable development pipeline, a great iron business and a good copper business. But traders may see near-term weakness given China's outlook.
Rick RuleOwned
other mines
PAST TOP PICK
(A Top Pick Feb 09/22, Down 2%)
It has pulled back recently so you could buy it here. He likes the dividend and its participation in commodity prices. We are in a commodity cycle.
David BurrowsOwned
other mines
WAIT
RIO vs. BHP Both really well run and focused. Trimming portfolios and becoming more efficient. Leans toward BHP, but RIO is good as well. Cautious on the space right now, potential for a recession, and we don't know how deep. Both would get hit in a recession. Steer clear right now, look for something more defensive.
other mines
