Vale's board to discuss dividend
A committee linked to mining giant Vale's board of directors is discussing whether to resume dividends. If there is a consensus, the matter should be appreciated by the board next week, Valor has learned. "There is a debate on this issue," a source familiar with the company's shareholders said. Vale's shareholder remuneration policy, suspended after Brumadinho disaster in early 2019, will continue to be calculated in the same way: 30% of EBITDA less maintenance investment. But the...
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