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31
Jan
2015
Brazil's Vale halves 2015 dividends as iron-ore prices fallBy:DIVIDENDS Brazilian miner Vale proposed on Friday to pay dividends of $2-billion this year, less than half the $4.2-billion it distributed in 2014, amid falling prices of iron ore and other base metals.
The company intends to pay $0.388095186 per outstanding common and preferred share in two equal installments on April 30 and October 30.
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