Analyst Ratings
Analyst consensus ratings call VALE a buy, with 10 of 24 analysts reported by Yahoo Finance rating it a “strong buy” or “buy,” 12 rating it a “hold” and two rating it “underperform.” The average price target is $18.70, down from $19.02 in November 2021.
Similarly, Will VALE pay a dividend in 2022?
VALE Dividend History
| Ex/EFF DATE | TYPE | CASH AMOUNT |
|---|---|---|
| 03/09/2022 | CASH | $0.725 |
| 09/23/2021 | CASH | $1.506 |
| 06/24/2021 | CASH | $0.438 |
| 03/05/2021 | CASH | $0.736 |
Is VALE the biggest mining company? Vale is the world’s largest producer of iron ore, pellets, and nickel. Our trains transport more than one million passengers on Vitoria-Minas railroad and Carajás railroad every year. Our global workforce comprises around 120,000 direct and third-party employees.
Thereof, Who are Vales customers?
Vale SA’s (VALE) major customer base for iron ore and iron ore pellets is located in the Asian market, which includes China, Japan, Taiwan, and South Korea. In 2013, China accounted for 47.7% of its total iron ore and iron ore pellets shipments.
How does VALE make money?
Mining business
Iron ore: Vale is the world’s largest iron ore producer. Sales of iron ore fines and pellets represented 65% of total company revenues in 2014. In 2014, Vale sold 256 million metric tonnes of iron ore fines and 44 million metric tonnes of iron ore pellets.
Why does VALE have such a high dividend yield?
Vale has a strong balance sheet, which Miller says will allow the company to return capital to shareholders via buybacks and its hefty dividend.
Is VALE stock dividend sustainable?
Investors looking for Dividend Stocks should be aware that Vale has a Dividend that is not stable over the past quarters and 76.62% of the earnings are spent on the dividend by VALE, which is not a sustainable payout ratio.
Is VALE a monthly dividend?
The annual dividend for Vale (NYSE:VALE) is $1.45. Learn more on VALE’s annual dividend history. How often does Vale pay dividends? Vale (NYSE:VALE) pays annually dividends to shareholders.
Who bought Vale?
Vale SA’s (VALE) ownership structure is a bit unusual for a public company. A holding company called Valepar owns 53.9% of its shares, and the Brazilian government directly owns 6.5% of its shares.
Does Vale mine gold?
Vale SA, formerly Companhia Vale do Rio Doce, is a Brazil-based metal and mining company which is primarily engaged in producing iron ore and nickel. The Company also produces iron ore pellets, manganese ore, ferroalloys, metallurgical and thermal coal, copper, platinum group metals (PGMs), gold, silver and cobalt.
Is Tesla partnering with Vale?
March 30 (Reuters) – Tesla Inc (TSLA. O) has signed an undisclosed deal with Brazilian mining company Vale S.A. (VALE3.SA) for the supply of nickel to the electric car maker, Bloomberg News reported on Wednesday, citing sources.
Is Vale state owned?
Vale SA’s (VALE) ownership structure is a bit unusual for a public company. A holding company called Valepar owns 53.9% of its shares, and the Brazilian government directly owns 6.5% of its shares.
Where is Vale mining located?
minerals, which include nickel, copper and aluminium. The company was founded on June 1, 1942 and is headquartered in Rio de Janeiro, Brazil.
Which stock has the highest dividend?
25 high-dividend stocks
| Symbol | Company Name | Dividend Yield |
|---|---|---|
| KMB | Kimberly-Clark Corp | 3.77% |
| CVX | Chevron Corp | 3.48% |
| PFG | Principal Financial Group Inc | 3.48% |
| DLR | Digital Realty Trust Inc | 3.44% |
• 1 avr. 2022
What kind of company is VALE?
Vale is the world’s largest producer of iron ore, pellets, and nickel. Our trains transport more than one million passengers on Vitoria-Minas railroad and Carajás railroad every year. Our global workforce comprises around 120,000 direct and third-party employees.
What stocks pay dividends monthly?
8 monthly dividend stocks with high yields:
- Pembina Pipeline Corp. (PBA)
- AGNC Investment Corp. (AGNC)
- Prospect Capital Corp. (PSEC)
- Main Street Capital Corp. (MAIN)
- LTC Properties Inc. (LTC)
- Broadmark Realty Capital Inc. (BRMK)
- Ellington Financial Inc. (EFC)
- EPR Properties (EPR)
How many times does VALE pay dividends?
The current Shareholders’ Remuneration Policy determines that the dividends will be paid semiannually, calculated in the income statement of the 1H, for the September installment, and in the income statement of the 2H, for the March installment.
What does Rio mine?
Operations. Rio Tinto’s main business is the production of raw materials including copper, iron ore, bauxite, diamonds, uranium and industrial minerals including titanium dioxide, salt, gypsum and borates.
What does Vale mean death?
If we can find some other way of describing death we will. Some dictionaries in my possession say that vale relates to valley. They do not mention the death of a person. My big dictionary says vale relates to the declining years of a person’s age, but then it says vale relates to goodbye, farewell, adieu.
Does Vale produce platinum?
Vale’s precious metal production 2012-2020
In 2020, the company produced around 140,000 troy ounces of platinum. Vale S.A., formerly known by full name Companhia Vale do Rio Doce, is a Brazilian multinational metals and mining company, which also specializes in logistic operations.
Does Vale mine cobalt?
The Brazilian mining company Vale S.A. produced a total of 4,672 metric tons of cobalt worldwide in 2020. Vale produces cobalt as a by-product at nickel mines in Sudbury, Thompson, and Voisey’s Bay, all located in Canada, as well as in New Caledonia and other locations.
Join TheMoney.co community and don’t forget to share this post !