Replies to post #4598 on The Rising Influence of Rising Affluence

[ilpapa]

4/16, pay 5/7

[DewDiligence]

VALE declares second installment of 2012 dividend:

http://www.sec.gov/Archives/edgar/data/917851/000110465912066797/a12-22140_36k.htm

Rio de Janeiro, October 1, 2012 — Vale S.A. (Vale) informs that its Executive Board has approved and will submit to the Board of Directors the proposal for payment of the second installment of the minimum dividend…as publicly announced on January 16, 2012, equal to US$ 0.582142779 per common or preferred share in circulation

… if approved, the payment…will be made on October 31, 2012.

…The record date for the holders of ADRs traded on the New York Stock Exchange (NYSE) is October 19, 2012.

…Vale shares will be traded ex-dividend on NYSE as of October 17, 2012.

Note: VALE paid a dividend of US$0.5885 per share in April 2012 (http://www.sec.gov/Archives/edgar/data/917851/000110465912025318/a12-9392_36k.htm ); thus, the total dividend for 2012 is US$1.1706 per share. At the current share price, this represents a dividend yield of 6.5%.