: 0.81 (As of Dec. 2023)
Vale's dividend payout ratio for the months ended in Dec. 2023 was 0.81.
The historical rank and industry rank for Vale's Dividend Payout Ratio or its related term are showing as below:
VALE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.08 Med: 0.4 Max: 1.22
Current: 0.59
During the past 13 years, the highest Dividend Payout Ratio of Vale was 1.22. The lowest was 0.08. And the median was 0.40.
VALE's Dividend Payout Ratio is ranked worse than
52.47% of 263 companies
in the industry
Industry Median: 0.43 vs VALE: 0.59
As of today (2024-03-19), the Dividend Yield % of Vale is 11.51%.
During the past 13 years, the highest Trailing Annual Dividend Yield of Vale was 22.72%. The lowest was 0.47%. And the median was 5.97%.
Vale's Dividends per Share for the months ended in Dec. 2023 was $0.47.
During the past 12 months, Vale's average Dividends Per Share Growth Rate was -44.70% per year.During the past 3 years, the average Dividends Per Share Growth Rate was 26.40% per year.During the past 5 years, the average Dividends Per Share Growth Rate was 36.10% per year.During the past 10 years, the average Dividends Per Share Growth Rate was 22.80% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Vale was 107.70% per year. The lowest was -56.00% per year. And the median was 18.90% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Vale Dividend Payout Ratio Historical Data
The historical data trend for Vale's Dividend Payout Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
| Vale Annual Data | |||||||||||
| Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |
| Dividend Payout Ratio | 0.18 | 0.16 | 0.58 | 0.46 | 0.65 | ||||||
| Vale Quarterly Data | ||||||||||||||||||||
| Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
| Dividend Payout Ratio | 0.06 | 0.84 | - | 0.50 | 0.81 | |||||||||||||||
Competitive Comparison
For the Other Industrial Metals & Mining subindustry, Vale's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Vale Dividend Payout Ratio Distribution
For the Metals & Mining industry and Basic Materials sector, Vale's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Vale's Dividend Payout Ratio falls into.
Vale Dividend Payout Ratio Calculation
Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.
Vale's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as
| Dividend Payout Ratio | = | Dividends per Share (A: Dec. 2023 ) | / | EPS without NRI (A: Dec. 2023 ) |
| = | 1.21 | / | 1.874 | |
| = | 0.65 |
Vale's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as
| Dividend Payout Ratio | = | Dividends per Share (Q: Dec. 2023 ) | / | EPS without NRI (Q: Dec. 2023 ) |
| = | 0.474 | / | 0.582 | |
| = | 0.81 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Vale (NYSE:VALE) Dividend Payout Ratio Explanation
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Vale Dividend Payout Ratio Related Terms
Thank you for viewing the detailed overview of Vale's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Vale (NYSE:VALE) Business Description
Industry
GURUFOCUS.COM »STOCK LIST »Basic Materials » » Vale SA (NYSE:VALE) » Definitions » Dividend Payout Ratio
Comparable Companies
BSP:TAEE3 BSP:REDE3 BSP:ENMT3 BSP:EQPA3 BSP:CSRN3 BSP:CPFE3 BSP:EKTR3 BSP:GEPA3 BSP:SBSP3 BSP:AFLT3 ASX:BHP ASX:RIO LSE:RIO LSE:GLEN ASX:FMG SAU:1211 MEX:GMEXICOB LSE:AAL MIC:GMKN TSX:TECK.B
Traded in Other Exchanges
VALE:Mexico 0LBF:UK XVALO:Spain CVLC:Germany CVLC:Germany CVLB:Germany CVLB:Germany CVLC:Germany CVLB:Germany VALE3:Brazil VALE:Argentina
Address
Praia de Botafogo, 186, Salas 501 a 1901, Botafogo, Rio de Janeiro, RJ, BRA, 22250-145
Website
Vale is a large global miner and the world's largest producer of iron ore and pellets. In recent years the company has sold noncore assets such as its fertilizer, coal, and steel operations to concentrate on iron ore, nickel, and copper. Earnings are dominated by the bulk materials division, primarily iron ore and iron ore pellets. The base metals division is much smaller, consisting of nickel mines and smelters along with copper mines producing copper in concentrate. Vale has agreed to sell a minority 13% stake in its base metals business, which is expected to become effective early in 2024, and which is likely the first step in separating base metals and iron ore.
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