12-03-2021, 07:41 AM
(This post was last modified: 12-03-2021, 07:43 AM by ken-do-nim.)
Vale has a P/E ratio of 3.95 and a yield of 20.79%. It's like RIO but with almost twice the yield! It is actually up 47.95% in the past 5 years, so it doesn't seem to be a yield trap. Looks like dividend payments were once or twice a year, but they have 3 payments so far in 2021. What do you all think?
From yahoo: Vale S.A. is a Brazilian multinational corporation engaged in metals and mining and one of the largest logistics operators in Brazil. Vale, formerly Companhia Vale do Rio Doce, is the largest producer of iron ore and nickel in the world.
Edit: I can see that the high yield is due to the October payout, which is way higher than anything else they've given out before. I hope someone here took advantage of that.
From yahoo: Vale S.A. is a Brazilian multinational corporation engaged in metals and mining and one of the largest logistics operators in Brazil. Vale, formerly Companhia Vale do Rio Doce, is the largest producer of iron ore and nickel in the world.
Edit: I can see that the high yield is due to the October payout, which is way higher than anything else they've given out before. I hope someone here took advantage of that.