Rio Tinto will report full year results this Friday with analysts forecasting a sizeable lift in dividends

Rio Tinto will report full year results this Friday with analysts forecasting a sizeable lift in dividends. 2013 saw a resilient iron ore price coincide with significant cost reductions at RIO allowing the Company to improve returns to shareholders. Analyst consensus is for Rio to raise dividends from 167¢ per share last year to 181¢ per share. Deutsche Bank and JP Morgan both believe the rewards could be even better than that, with both predicting dividends will rise to 183¢ per share. Credit Suisse analysts believe Mr Walsh may be even more generous and raise dividends 15 per cent to 192¢ saying in a note, ''over the medium term, Rio Tinto is fast delivering what investors have been seeking from large-cap miners.'' (VIEW LINK)


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