Rio Tinto: Attractive Dividend Play, If You Accept Certain Short-Term Risks

As we see on the graph above, this was the case at least until the beginning of 2024, when a handful of large companies within the S&P 500 have caused the index to significantly outperform its equal-weighted counterpart. Therefore, it was extreme concentration in companies, such as Nvidia (NVDA), Microsoft (MSFT) and Amazon Rio Tinto's dividend yield is also the highest within; Rio Tinto - Capex to Depreciation Expense % 200% 180% 160% 140% 120% 100% 80% 60% 40% 20% 0% 2016 2017 2018 2019 2020 2021 2022 202 ...