In what currency are Rio Tinto dividends paid?
The US dollar, in which the majority of sales are made, most reliably records the Group’s global business performance and is Rio Tinto’s main reporting currency. It is, therefore, the natural currency in which to determine dividends. Dividends determined in US dollars are converted at exchange rates applicable two days prior to the announcement of dividends and then declared and paid in Australian dollars for Rio Tinto Limited and in pounds sterling for Rio Tinto plc. UK shareholders of Rio Tinto Limited can elect to receive dividends in pounds sterling.