- InvestorPlace
Uncover the Best-Kept Dividend Secrets: 3 Stocks Yielding Over 7%
High-yield dividend stocks always present a difficult framework for investors. Here’s the reality. If you’re simply looking for robust passive income, you could filter your security screeners to uncover the greatest yields. Then, you could call it a day. However, deep down, you know it’s not that easy. Nothing of worth usually is – otherwise, everyone would do it. Yes, high-yield dividend stocks are plentiful. But if you only focus on the yield and not on other metrics such as sustainability, yo
- Zacks
Rio Tinto (RIO) Inks Deal to Buy 11.65% Stake in Boyne Smelters
Rio Tinto (RIO) is set to acquire Mitsubishi's 11.65% interest in Boyne Smelters, taking its interest in the venture to 73.5%.
- Reuters
Australia's Rio Tinto to buy Mitsubishi's nearly 12% stake in Boyne Smelters
Boyne, which owns and operates the Boyne Island aluminium smelter in Gladstone, Australia, is a joint venture between Rio Tinto, YKK Aluminium and others. In late May, Rio signed a deal to buy Sumitomo Chemical's 2.46% interest in the venture. The purchase from Sumitomo Chemical and the completion of the deal with Mitsubishi will see Rio's interest in Boyne increase to 73.5%, the Australian miner said.
