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DewDiligence

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DewDiligence

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Re: DewDiligence post# 1464

Friday, 10/15/2010 7:25:56 AM

Friday, October 15, 2010 7:25:56 AM

Post# of 30545
VALE declares final 2010 dividend of $0.335 per ADR, which makes the total 2010 dividend a 10% increase relative to 2009:

http://sec.gov/Archives/edgar/data/917851/000095012310093255/c06925e6vk.htm

The ADR trades ex-dividend on the NYSE today. ADR shareholders will be paid $0.285/sh on Nov 5 after deducting the 15% withholding tax.

(The above is based on an R$ to US$ exchange rate of 1.6554:1.)

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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