VALE S.A. (VALE) Ex-Dividend Date Scheduled for December 02, 2016


Shutterstock photo

VALE S.A. ( VALE ) will begin trading ex-dividend on December 02, 2016. A cash dividend payment of $0.041 per share is scheduled to be paid on December 23, 2016. Shareholders who purchased VALE prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -57.74% decrease from the prior dividend payment. At the current stock price of $8.49, the dividend yield is 2.29%.

The previous trading day's last sale of VALE was $8.49, representing a -7.52% decrease from the 52 week high of $9.18 and a 298.59% increase over the 52 week low of $2.13.

VALE is a part of the Basic Industries sector, which includes companies such as BHP Billiton Limited ( BHP ) and Rio Tinto Plc ( RIO ). VALE's current earnings per share, an indicator of a company's profitability, is -$1. Zacks Investment Research reports VALE's forecasted earnings growth in 2016 as 310.1%, compared to an industry average of -9.4%.

For more information on the declaration, record and payment dates, visit the VALE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

Interested in gaining exposure to VALE through an Exchange Traded Fund [ETF]?
The following ETF(s) have VALE as a top-10 holding:

  • VanEck Vectors Steel ETF ( SLX )
  • BLDRS Emerging Markets 50 ADR Index Fund ( ADRE ).

The top-performing ETF of this group is SLX with an increase of 34.29% over the last 100 days. It also has the highest percent weighting of VALE at 12.96%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: News Headlines , Stocks
Referenced Symbols: VALE , BHP , RIO , SLX , ADRE


More from NASDAQ.com News

Subscribe






NASDAQ.com News
Contributor:

NASDAQ.com News

Market News
Follow on:

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com