Avoid Rio Tinto (RIO) by Stuart Blair in The Motley Fool CLOSED

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  • Performance

    -2.56%

  • Price at start

    4,673.50p

    (bid)

  • Price at close

    4,793.00p

    (ask)

  • Tip made

    10/08/2020

  • Tip Status

    Closed

    11/08/2023

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Tip Notes

"...Nevertheless, if future profits are hit, such a high payout may be unwise. As a result, I’d be wary of the dividends’ long-term future. For investors looking for good income stocks, there are plenty of companies with better growth prospects. I’d therefore avoid Rio Tinto shares." - Stuart Blair, The Motley Fool

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