The Rising Influence of Rising Affluence

[DewDiligence]

Thanks, stuffit. VALE’s planned 2012 dividends of $1.18/sh (#msg-70946581) gives it a yield of 4.5% at the current share price, which is pretty impressive for such a blue-chip company. The ADR’s have a 15% withholding, but non-Brazilians who own VALE in a taxable account can recoup the withholding via a tax credit. Regards, Dew