Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Https://www.ft.com/content/91c1ae9e-8150-4201-9952-f02efbd60693
"Fundamentals" can only be a historical snapshot. If you look at the RNS for half year results you will see that the next dividend will be $1.77, and this is considerably down on the previous year. RIO has a great policy of distributing a large part of its profits as dividends, and has done so consistently. Don't buy just for a specific dividend; buy for the long term if you want to be invested in this sector.
You can't always rely on on figures quoted here. I quoted a trailing 12 month yield at 6.4%. The previous full year of 185 and 221p gives you an 8.1% yield on todays price. This is why looking at yields in isolation is really pointless and to some extent dangerous to the inexperienced investor.
Thank u tom.. why doesnt fundementals here show the correct figure
It's best not to look at RIO as fixed yield type of share such as a Investment trust or bond. The bumper profits of 2021 and 22 are long gone and at the time gave RIO a 10% yield. This was never likely to be maintained and hasn't.
If you add the last two declared dividends together 137 and 185p you get 322p for the two. So that trailing yield on todays SP is 6.4% but not guaranteed in the future.
Dividends are are looking in the rear view mirror and trying to predict future yields is pointless, what matters is the price of commodities (mainly iron ore) if it goes up then expect better dividends to come.
I have an artice from google ig.com trading strategies while attempting to research
it states rio has made the decision to cut its div to 60pc
then it says the div from 2022 was halved
im really confused
is the divi 10pc as here on fundementals
is it being cut in the future
or was it cut in 2022
Thx rat lots info there... total divi for year added would be even better....
so rio is xd 10aug about 3pc total divi 10.2pc right.
cant easily see a divi fund that would do the same job as 10 shares like these
That's a great website Rat.
Cuts out a hell of a lot of Faff.
Cheers
Is div defo 10pc at 5000
where is the best site to find xd date.. what is it please
going forward do posters expect gently rising div or is there a chance of cut.
Im invested here, a small amount, would like to add to this and vod, both 10pc, but if riusk of div cut will go for the more reliable 5 to 8pc blue chips.
Sigh.. is there a buy and forget fund yielding say 7pc or more rising divi after costs
Opinions only no advice.. and yes aware no one ha xtal balls.
Wish I could get the timing right on this and many others. Always end up in the red. Wait for sub 5000 I think. (Then it'll go to 4500)
Yes.
Would it already have been announced if the above were to be paid in addition to the ordinary in September?Gla and Tia
I have reduced my holding today. News was poor.
$1.77 or £1.37 GBP all in the results
How much is the dividend payment ?? Thanks
China stimulus talk sends iron ore miners flying on ASX:
News that Beijing plans to stimulate China’s property and construction sectors helped the sharemarket’s blue-chip iron ore miners soar on Tuesday, as investors bet on growing demand for the steel-making ingredient.
The market’s largest constituent and mega-cap miner BHP Group jumped 3.3 per cent, with Rio Tinto soaring 3.4 per cent and Fortescue Metals lifting 4.6 per cent.
https://www.afr.com/markets/equity-markets/beijing-s-stimulus-talk-sends-iron-ore-miners-flying-20230725-p5dr1u
Are RIO looking at Europe for new investments? Lithium ?
Rio makes up less than 1% for me, not because it's a poor performer but rather there are so many opportunities currently and this seems fairly stable in comparison to growth stocks in the resource / base metal sectors - ENOG, SQZ, SHG, MTL, HUM, SRB, CAML, THS, HOC, SHG, THX, WPM to name but a few
Sorry - for "computer" read "consumer"!
Amazing, thank you for making me find out about Beanie babies! Interesting history - the first business to computer website.
Beanie Babies were also a store of value, until they weren't.
It's certainley worthy of being part of any portfolio, and has been one of my foundation stocks for a while now.
It is of course cyclical, but I add on the lows when I can, as long as it dosen't unbalance my portfolio too much.
At the moment it accounts for a hair over 10% of my holdings, so have no plans to add more.
When the Chinese economy picks up, as I believe it will over the next 2 years, I full expect the SP to rise to somewhere between £55 and £65.
I have been fortunate buying in the £44's, £45's, £47's and £49's, with the most I have paid being £55.18. IMHO anything below £50 is a good buy for a company with these credentials.
RIO has been more active than most in extending into new areas - see the Mongolia slideshow linked in the RNS. New revenue streams opening gives me confidence that this is an excellent share to hold, and I expect it soon get back to the peaks of this and previous years. Worthy of being my top long term holding.
European stocks follow Asian markets higher after cheering China data:
https://twitter.com/FinancialTimes/status/1675846275256709121