Attention Rio Tinto (ASX:RIO) shareholders: Here are the key dates to note in 2022

Want to know when the company's 2022 announcements are expected? Here are the details.

| More on:

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The Rio Tinto Limited (ASX: RIO) share price has continued to climb throughout the new year.

In the past couple of weeks, the company's shares have risen 6.25% in value. By contrast, the S&P/ASX 200 Index (ASX: XJO) has fallen 0.73% to 7,390.1 points over the same timeframe.

At Tuesday's closing bell, Rio Tinto shares finished the day up 0.36% to $106.37.

With the new year upon us, we take a look at what's ahead for the mining heavyweight.

A man wearing a shirt, tie and hard hat sits in an office and marks dates in his diary.

Image source: Getty Images

The dates to watch for in 2022

Late last month, Rio Tinto provided investors with its key dates for the 2022 calendar year.

The most important date to circle in your diary is the company's announcement of its 2021 full-year results on 23 February. Rio Tinto will report how it performed for the last 12 months along with its final dividend.

Following the release, Rio Tinto shares will trade ex-dividend on 10 March. This is when investors must have purchased the company's shares to be eligible for the upcoming dividend payment.

In addition, eligible shareholders can elect to participate in the dividend reinvestment plan (DRP) with the deadline being 29 March.

The payment date for the final dividend is scheduled for 21 April, when investors will collect a portion of the company's profits. Rio Tinto traditionally rewards its shareholders with 60% of its profits as dividends.

In FY20, the board declared a final dividend of $5.17 per share, its third-biggest payout to date.

Moving ahead, the company will hold its 2022 annual general meeting on 5 May. This will likely recap the events over the last 12 months, as well as the near-term outlook for the mining outfit.

Rio Tinto's half-year results for FY22 are set to be disclosed to the ASX on 27 July. This will also comprise an interim dividend for the six-month period.

Rio Tinto shares will again trade ex-dividend on 11 August. The final date for elections under the DRP will fall on 1 September.

Shareholders who are eligible to receive Rio Tinto's distribution of profits will collect payment on 22 September.

Rio Tinto share price summary

Despite travelling higher in 2022, it has been a disappointing 12 months for Rio Tinto shareholders. The company's shares have lost around 13% for the period.

Based on valuation grounds, Rio Tinto has a market capitalisation of $39.49 billion and a price-to-earnings (P/E) ratio of 13.56.

Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on Resources Shares

Two miners standing together with a smile on their faces.
Resources Shares

These are the best ASX 200 mining shares to buy in March: Morgans

These mining shares are on Morgans' best ideas list in March.

Read more »

A man in his 30s holds his laptop and operates it with his other hand as he has a look of pleasant surprise on his face as though he is learning something new or finding hidden value in something on the screen.
Resources Shares

Rio Tinto share price dips despite copper mega-mine milestone

Rio Tinto owns 66% of what will soon become the world's fourth-largest copper mine.

Read more »

Miner looking at his notes.
ESG

'Not sure if that's the way we should go': Why BHP shares are making news today

BHP is trialling renewable diesel made from Hydrotreated Vegetable Oil (HVO) at its Western Australian Yandi iron ore mine.

Read more »

A young woman sits at her desk in deep contemplation with her hand to her chin while seriously considering information she is reading on her laptop
Resources Shares

Are Fortescue shares back on the menu amid job cuts?

Can cost reductions be the key to driving Fortescue ahead?

Read more »

A man wearing a hard hat and high visibility vest looks out over a vast plain where heavy mining equipment can be seen in the background.
Resources Shares

Could buying Fortescue shares at under $22 make me rich?

The iron ore miner Fortescue has seen volatility. Is it time to buy?

Read more »

Australian Strategic Materials employee wearing a hard hat at a mine looks into the distance as he checks a folder.
Resources Shares

Sayona Mining share price dumps 6% amid lithium lows

Lithium prices have fallen to their lowest level in more than a year.

Read more »

Rede arrow on a stock market chart going down.
Resources Shares

Why are ASX 200 lithium shares falling so hard today?

The lithium carbonate price has fallen to its lowest level in more than a year.

Read more »

A young man sits at his desk with a laptop and documents with a gas heater visible behind him as though he is considering the information in front of him. about the BHP share price
Resources Shares

Why is the BHP share price taking a flogging on Friday?

The commodity growth engine may not be firing on all cylinders.

Read more »