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Vale S.A. Message Board

  • columbineinsummer columbineinsummer Mar 13, 2013 11:13 AM Flag

    VALE divy 1.61%

    on scottrade news report. i remember reading they were cutting and so this is where it is at.

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    • I am still checking but so fat What I found out it is 0.39 to be paid on May 7th and 0.39 to be paid on Nov 8th = 0.78
      This is lower than last year's but still ~4.5%
      I got this from ARN:
      Upcoming Dividends

      Vale (NASDAQ:VALE) declared a special dividend on Tuesday, March 12th. Investors of record on Friday, April 19th will be given a dividend of $0.39 per share on Tuesday, May 7th. The ex-dividend date of this dividend is Wednesday, April 17th.
      Vale (NASDAQ:VALE) declared a special dividend on Tuesday, March 12th. Investors of record on Tuesday, October 22nd will be given a dividend of $0.39 per share on Friday, November 8th. The ex-dividend date of this dividend is Friday, October 18th.

    • which means the stock is 20% overvalued--you want to buy this when the yield is 5-7%

 
VALE
5.77+0.10(+1.76%)Jul 27 4:02 PMEDT