SmarterDividends
VALE

Vale S.A.

VALE

Basic Materials · Other Industrial Metals & Mining · Stock · semiannual payer

$12.00

Fairly valued · -10% Add to Portfolio

Forward Yield

7.03%

Annual Dividend

$0.84

Payout Ratio

159%

5-Yr Growth

-4.7%

Ex-Date

Aug 13, 2026

Frequency

Semiannual

Key facts about VALE's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Vale S.A. (VALE) has a forward dividend yield of 7.03%, based on an annual dividend of $0.84 per share and a share price of $12.00.
  • As of Oct 27, 2026, VALE's dividend safety grade from SmarterDividends is C (52 out of 100), which rates the dividend as borderline.
  • VALE last cut its regular dividend in 2024.
  • VALE's most recent ex-dividend date was Aug 13, 2026, for a dividend of $0.40 per share.
  • As of Oct 27, 2026, VALE pays out 159% of its trailing 12-month earnings as dividends (its payout ratio).
  • VALE's dividend has shrunk at an average rate of 4.7% a year over the past five years.
  • As of Oct 27, 2026, VALE's 7.03% yield is 37% below its five-year average yield of 11.14%.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for VALE is $10.80 per share, 10% below the $12.00 share price, so VALE screens as fairly valued.
  • Vale S.A. (VALE) pays its dividend semiannual, 2 times a year.
Cite this page

SmarterDividends, "VALE Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/VALE

Summary

As of Oct 27, 2026, Vale S.A. (VALE) yields 7.03% ($0.84 a year per share) and has a dividend safety grade of C (52/100).

Is VALE a good dividend stock?

Mixed

Vale S.A. (VALE) pays a semiannual dividend yielding 7.03% ($0.84/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2024
    • Elevated payout ratio (159%)
    • Dividend has been shrinking, not growing

    Key Data

    Dividend Yield
    7.03%
    Payout Ratio
    159%
    Annual Dividend
    $0.84
    5-Yr Avg Growth
    -4.7%
    Ex-Dividend Date
    Aug 13, 2026
    Years of Growth
    1
    Frequency
    semiannual
    Beta
    0.70
    Market Cap
    $51.1B
    P/E Ratio
    24.0
    5-Yr Total Return
    0%
    52-Week Range
    $11.43 – $17.94
    Dividend Safety
    C · 52/100
    Ever Cut?
    Yes (2024)

    VALE dividend changes

    Vale S.A. (VALE) pays a variable dividend: across the 53 payments on record since 2002, 27 were higher than the one before and 16 lower. The latest change was up 7.2% to $0.400 per share, going ex-dividend on Aug 13, 2026.

    Ex-dateChangeOld → newMove
    Aug 13, 2026Higher$0.373 → $0.400+7.2%
    Aug 13, 2025Higher$0.0910 → $0.347+281.3%
    Mar 10, 2025Higher$0.371 → $0.373+0.5%
    Dec 12, 2024Lower$0.544 → $0.0910−83.3%
    Aug 5, 2024Lower$0.469 → $0.371−20.9%
    Mar 12, 2024Higher$0.406 → $0.544+34.0%
    Nov 22, 2023Higher$0.354 → $0.469+32.5%
    Aug 14, 2023Higher$0.0560 → $0.406+625.0%
    Mar 14, 2023Lower$0.725 → $0.354−51.2%
    Dec 13, 2022Lower$0.436 → $0.0560−87.2%
    Mar 9, 2022Higher$0.457 → $0.725+58.6%
    Jun 24, 2021Higher$0.347 → $0.436+25.6%
    VALE ex-dividend date & scheduleNext ex-date Aug 13, 2026 · full ex-dividend historyView →VALE dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is VALE a good dividend stock?

    Mixed. Vale S.A. (VALE) pays a semiannual dividend yielding 7.03% ($0.84/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

    Is VALE undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, VALE's fair value is about $10.80 versus a $12.00 share price — so it looks fairly valued (-10% vs. fair value).

    Is VALE's dividend safe?

    VALE has a dividend-safety grade of C (52/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a dividend cut in 2024, debt and yield-versus-history.

    What is VALE's fair value?

    Our blended fair-value estimate for VALE is about $10.80 per share, about 10% below the current $12.00 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is VALE a buy, hold, or sell?

    We don't issue formal ratings, but on the data VALE screens as "mixed" and fairly valued. Vale S.A. (VALE) pays a semiannual dividend yielding 7.03% ($0.84/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

    Will VALE cut its dividend?

    VALE earns a dividend-safety grade of C (52/100), and has cut its dividend before (last in 2024). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does VALE pay a dividend?

    Yes. Vale S.A. pays a semiannual dividend of about $0.84 per share annually, a forward yield of roughly 7.03%.

    What is VALE's dividend yield?

    As of Oct 27, 2026, VALE's forward dividend yield is 7.03%, based on a $0.84 annual dividend and a $12.00 share price.

    What is VALE's dividend per share?

    As of Oct 27, 2026, VALE pays $0.84 per share per year, distributed on a semiannual basis.

    What is VALE's dividend payout ratio?

    As of Oct 27, 2026, VALE's payout ratio is 159% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has VALE grown its dividend?

    As of Oct 27, 2026, VALE has increased its dividend for 1 consecutive years.

    When is the next VALE ex-dividend date?

    As of Oct 27, 2026, VALE's next ex-dividend date hasn't been announced. The most recent was Aug 13, 2026, for $0.40 per share.