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Vale ADR Representing One Ord Shs VALE

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, copper, platinum group metals (PGMs), gold, silver and cobalt. Vale is engaged in greenfield mineral exploration in five countries and operates logistics systems in Brazil and other regions in the world, including railroads, maritime terminals and ports, which are integrated with mining operations. In addition, Vale has distribution centers to support the delivery of iron ore worldwide. Vale has numerous subsidiaries, including Vale Logistica Uruguay SA, Vale Holdings BV, Vale Overseas Ltd. The Company’s operations abroad cover approximately 30 countries.


NYSE:VALE - Post by User

Post by Paray99on Nov 29, 2022 4:51pm
402 Views
Post# 35137893

Vale to go above $20 and the huge dividends add up

Vale to go above $20 and the huge dividends add up

This is not too late to get in. Their dividends are very attractive too. 

In my opinion, it is a good idea to get into Brazilian companies Vale and Petrobras to have the best dividends. Risk factor is there with their government, but 5% in the total portfolio will not hurt much if things go bad.

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