Rio Tinto Shifts to US Dollar-Only Dividend Declarations

Rio Tinto Limited (AU:RIO) has released an update.

Rio Tinto Limited has announced a change in its dividend declaration practice, stating that future dividends will be declared in US dollars only, although shareholders will still have the option to receive payments in pounds sterling, Australian dollars, or New Zealand dollars. The conversion rates for these currencies will be determined seven business days before the payment date. Additionally, the company provided an updated timetable for its 2024 interim dividend, with key dates including the announcement, ex-dividend date, record date, and payment date.

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