Rio joins dividend bonanza with record payout

DESPITE a challenging year, Rio Tinto has declaring its biggest dividend ever.

Rio joins dividend bonanza with record payout Rio joins dividend bonanza with record payout Rio joins dividend bonanza with record payout Rio joins dividend bonanza with record payout Rio joins dividend bonanza with record payout

Rio Tinto CEO Jakob Stausholm

The company declared a final dividend of US$3.09 per share, or $5 billion, as well as a special dividend of 93c, or $1.5 billion.

It takes the 2020 total dividend to $5.