Dividend Report: The $0.04 mark is well within reach for VALE S.A. (NYSE:VALE).

Dividend Report: The $0.04 mark is well within reach for VALE S.A. (NYSE:VALE).

VALE S.A. (NYSE:VALE) is expected to pay $0.04 on Dec 23, 2016. The indicated annual dividend is $0.04. Shareholders owning the stock before Dec 2, 2016 will be eligible to receive the payout. Based on VALE S.A.’s current price of $8.49, the dividend is 0.48%. This dividend’s record date is Dec 6, 2016 and the announcement date is Nov 30, 2016. The stock decreased 0.70% or $0.06 during the last trading session, hitting $8.49. About 11,880 shares traded hands. Vale SA (ADR) (NYSE:VALE) has risen 51.07% since April 28, 2016 and is uptrending. It has outperformed by 45.14% the S&P500.

Vale S.A. is a metals and mining company. The company has a market cap of $40.60 billion. The Firm is also a producer of iron ore and iron ore pellets, and nickel. It currently has negative earnings. The Company’s divisions include Ferrous minerals, Coal, Base metals, Fertilizers and Others.

Vale SA (ADR) (NYSE:VALE) Ratings Coverage

Out of 20 analysts covering Vale S.A. (NYSE:VALE), 5 rate it a “Buy”, 2 “Sell”, while 13 “Hold”. This means 25% are positive. Vale S.A. has been the topic of 37 analyst reports since August 3, 2015 according to StockzIntelligence Inc. The company was maintained on Tuesday, October 20 by Stifel Nicolaus. The rating was upgraded by Itau BBA on Thursday, October 20 to “Outperform”. The firm has “Neutral” rating given on Monday, October 19 by UBS. Nomura downgraded Vale SA (ADR) (NYSE:VALE) on Thursday, March 17 to “Neutral” rating. The stock of Vale SA (ADR) (NYSE:VALE) earned “Neutral” rating by Goldman Sachs on Thursday, June 9. The stock of Vale SA (ADR) (NYSE:VALE) earned “Equal-Weight” rating by Morgan Stanley on Tuesday, August 9. The rating was maintained by Jefferies with “Hold” on Tuesday, August 23. The stock of Vale SA (ADR) (NYSE:VALE) earned “Sell” rating by CLSA on Thursday, April 14. The firm has “Equal-Weight” rating given on Wednesday, September 21 by Barclays Capital. The stock of Vale SA (ADR) (NYSE:VALE) has “Sector Perform” rating given on Monday, August 3 by RBC Capital Markets.

More news for Vale SA (ADR) (NYSE:VALE) were recently published by: Investorplace.com, which released: “Why Mallinckrodt PLC (MNK), Vale SA (ADR) (VALE) and Marathon Oil Corporation …” on November 29, 2016. Fool.com‘s article titled: “A Big Weight Has Been Lifted Off of Vale SA (ADR) Stock Today” and published on March 03, 2016 is yet another important article.

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