|Bid||0.00 x 1200|
|Ask||89.81 x 800|
|Day's Range||88.32 - 90.96|
|52 Week Range||44.57 - 92.85|
|Beta (5Y Monthly)||0.55|
|PE Ratio (TTM)||15.07|
|Forward Dividend & Yield||4.64 (5.13%)|
|Ex-Dividend Date||Mar 04, 2021|
|1y Target Est||100.14|
A slim market rally faded as the Biden administration backed lifting Covid vaccine patents. But 10 stocks flashed buy signals, including several energy and commodity plays.
MELBOURNE (Reuters) -A majority of Rio Tinto's shareholders rejected the global miner's executive pay packages on Thursday, in a backlash over its destruction last year of ancient rock shelters in Western Australia. Rio Tinto blasted 46,000-year-old rock shelters at Juukan Gorge last May to expand an iron ore mine, sparking condemnation from investors, politicians and the wider community. Following the company's Australian annual meeting, Rio Tinto said more than 60% of votes cast by investors in the Anglo-Australian dual-listed company were against its remuneration report.
Rio Tinto has suffered a major revolt by shareholders over the exit package handed to former chief executive Jean-Sébastien Jacques, who quit last year following the destruction of an ancient Aboriginal site in Western Australia. More than 60 per cent of the votes cast at the miner’s annual meetings in London and Sydney were against its remuneration report, making it the most significant rebellion this year against a UK-listed company on pay. The resolutions put before shareholders, however, are advisory and not binding, although in Australia if a remuneration report draws more than 25 per cent opposition for two years, the board in question has to put itself up for re-election.