VALE S.A. ( VALE ) will begin trading ex-dividend on April 17, 2013. A cash dividend payment of $0.4366 per share is scheduled to be paid on May 07, 2013. Shareholders who purchased VALE stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -25.81% decrease from the prior quarter.
The previous trading day's last sale of VALE was $16.39, representing a -30.37% decrease from the 52 week high of $23.54 and a 3.93% increase over the 52 week low of $15.77.
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 $1.07. Zacks Investment Research reports VALE's forecasted earnings growth in 2013 as -3.69%, compared to an industry average of -20.2%.
For more information on the declaration, record and payment dates, visit the VALE Dividend History page.
Interested in gaining exposure to VALE through an Exchange Traded Fund [ETF]?
The following ETF(s) have VALE as a top-10 holding:
- EGShares Emerging Markets Metals & Mining ETF ( EMT )
- iShares MSCI Emerging Markets Materials Sector Index Fund ( EMMT )
- Guggenheim BRIC ETF ( EEB )
- N/A (BRIL)
- Market Vectors Steel Index ETF Fund ( SLX ).
The top-performing ETF of this group is EEB with an decrease of -2.17% over the last 100 days. EMT has the highest percent weighting of VALE at 9.73%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.