Despite their massive capex, mining companies are known to pay healthy dividends to investors. For instance, currently, BHP Group (BHP) - which is the world’s largest mining company - has a yield of over 5%, while Rio Tinto (RIO), the second-biggest mining company, yields over 6%.
Is Rio Tinto stock a buy for its fat dividend yield? In this article, we’ll look at the mining giant’s dividend policy and analyze whether it’s a good buy at current prices.
