Rio Tinto Confirms USD 1.48 Interim Dividend with Multi-Currency Options
Rio Tinto has updated its 2025 interim dividend details, confirming a fully franked USD 1.48 per share payout with flexible currency payment options and a Dividend Reinvestment Plan.
- 2025 interim dividend set at USD 1.48 per share, fully franked at 30%
- Dividend payable on 25 September 2025 with record date 15 August 2025
- Dividend payments available in USD, AUD, GBP, and NZD based on shareholder location
- Dividend Reinvestment Plan (DRP) offered with shares purchased on-market
- No external approvals required before dividend payment
Dividend Update and Payment Details
Rio Tinto Limited has provided an update to its interim dividend announcement for the six-month period ending 30 June 2025. The company confirmed a fully franked ordinary dividend of USD 1.48 per share, reflecting a corporate tax rate of 30%. This dividend is scheduled for payment on 25 September 2025, with the record date set on 15 August 2025 and the ex-dividend date on 14 August 2025.
Currency Exchange and Payment Options
In a move to accommodate its global shareholder base, Rio Tinto has outlined detailed currency arrangements. Dividend payments will be made primarily in US dollars but can be converted and paid in Australian dollars, British pounds, or New Zealand dollars depending on the shareholder’s nominated financial institution and location. The exchange rates used for conversion were fixed as of 16 September 2025, seven business days prior to the payment date, ensuring transparency and predictability for investors.
For shareholders who have not specified a currency preference, payments will default to USD for US residents, GBP for UK residents, NZD for New Zealand residents, and AUD for Australian or other jurisdictions. This multi-currency approach reflects Rio Tinto’s recognition of its diverse investor base and aims to streamline dividend receipt.
Dividend Reinvestment Plan Details
Rio Tinto continues to offer a Dividend Reinvestment Plan (DRP) for this interim dividend, allowing shareholders to reinvest their dividends into additional shares rather than receiving cash. Shares under the DRP will be purchased on-market shortly after the dividend payment date, with the purchase price calculated as the average of the market transactions. Notably, there is no discount applied to the DRP price, and participation is optional with no minimum or maximum investment limits.
Regulatory and Approval Status
The company confirmed that no external approvals, such as shareholder or court approvals, are required before the dividend payment. This streamlines the process and provides certainty to investors regarding the timing and receipt of their dividends.
Overall, Rio Tinto’s update clarifies the dividend payment mechanics and currency options, reinforcing its commitment to shareholder value and transparent communication.
Bottom Line?
As Rio Tinto finalizes its dividend payment, investors will watch closely for DRP uptake and currency election trends ahead of the September payout.
Questions in the middle?
- How will currency fluctuations impact shareholder returns across different regions?
- What level of participation will the Dividend Reinvestment Plan attract this cycle?
- Could future dividends see changes in franked status or payment currency options?