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Vale SA ( (VALE) ) has issued an update.
On February 19, 2025, Vale S.A. announced that its Board of Directors approved a dividend distribution of R$ 2.141847479 per share, based on the balance sheet as of December 31, 2024. Additionally, the company will pay interest on capital of R$ 0.520530743 per share, with payments scheduled for March 14, 2025, and ADR holders receiving payments through Citibank starting March 21, 2025. This announcement reflects Vale’s commitment to rewarding shareholders and could influence market perception and stakeholder confidence, particularly given the potential adjustments due to the share buyback program.
More about Vale SA
Vale S.A. is a prominent player in the mining industry, primarily engaged in the production and export of iron ore and other metals. The company, headquartered in Rio de Janeiro, Brazil, focuses on global markets and is known for its significant operations in Brazil and Canada.
YTD Price Performance: 9.68%
Average Trading Volume: 32,920,214
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $41.61B
For a thorough assessment of VALE stock, go to TipRanks’ Stock Analysis page.
