28
Jan
22:53
Vales looks to pay zero dividend in 2016
Brazil’s Vale says that is proposing a zero dividend for 2016.
The iron ore miner says that its executive board has approved, and will submit to the company’s board of directors, a proposal for a minimum dividend equal to zero for 2016. This is in compliance with its dividend policy and due to price volatility in mineral commodities, it adds.
“As the year progresses and we have more clarity on the market scenario, the board of directors may …
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Anonymous
Very good overview of the weekly steel market.
Anonymous