
Vale S.A.
VALEBasic Materials · Other Industrial Metals & Mining · Stock · semiannual payer
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?
MixedVale 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-date | Change | Old → new | Move |
|---|---|---|---|
| Aug 13, 2026 | Higher | $0.373 → $0.400 | +7.2% |
| Aug 13, 2025 | Higher | $0.0910 → $0.347 | +281.3% |
| Mar 10, 2025 | Higher | $0.371 → $0.373 | +0.5% |
| Dec 12, 2024 | Lower | $0.544 → $0.0910 | −83.3% |
| Aug 5, 2024 | Lower | $0.469 → $0.371 | −20.9% |
| Mar 12, 2024 | Higher | $0.406 → $0.544 | +34.0% |
| Nov 22, 2023 | Higher | $0.354 → $0.469 | +32.5% |
| Aug 14, 2023 | Higher | $0.0560 → $0.406 | +625.0% |
| Mar 14, 2023 | Lower | $0.725 → $0.354 | −51.2% |
| Dec 13, 2022 | Lower | $0.436 → $0.0560 | −87.2% |
| Mar 9, 2022 | Higher | $0.457 → $0.725 | +58.6% |
| Jun 24, 2021 | Higher | $0.347 → $0.436 | +25.6% |
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.
VALE Price — Last 12 Months
Daily close
Price Return
1 Year
-2%
3 Years
-17%
5 Years
+0%
52-Week Range
$11.43 – $17.94
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is VALE worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Vale S.A. is $10.80 per share, versus a market price of $12.00. That implies the stock is roughly fairly priced.
Fair Value
$10.80
Current Price
$12.00
Gap
-10%
Margin of Safety
-11%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 10.8% annual free-cash-flow growth. We model 1.9% — so the price already assumes faster growth than we think is likely.
Assumptions: 8.0% discount rate (CAPM), 1.9% growth for five years fading to 2.5% over the next five, $0.50 EPS, $0.84 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
VALE Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full VALE dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 13, 2026 | Sep 10, 2026 | $0.4000 | regular |
| Dec 12, 2025 | Mar 11, 2026 | $0.6680 | regular |
| Aug 13, 2025 | Sep 10, 2025 | $0.3470 | regular |
| Mar 10, 2025 | Mar 21, 2025 | $0.3730 | regular |
| Dec 12, 2024 | Mar 21, 2025 | $0.0910 | regular |
| Aug 5, 2024 | Sep 11, 2024 | $0.3710 | regular |
| Mar 12, 2024 | Mar 26, 2024 | $0.5440 | regular |
| Nov 22, 2023 | Dec 8, 2023 | $0.4690 | regular |
| Aug 14, 2023 | Sep 11, 2023 | $0.4060 | regular |
| Mar 14, 2023 | Mar 29, 2023 | $0.3540 | regular |
| Dec 13, 2022 | Mar 29, 2023 | $0.0560 | regular |
| Aug 12, 2022 | Sep 9, 2022 | $0.6870 | regular |
| Mar 9, 2022 | Mar 23, 2022 | $0.7250 | regular |
| Sep 23, 2021 | Oct 8, 2021 | $1.5590 | regular |
Income Calculator
At $0.84 / yr per share
Similar Dividend Stocks
Compare VALE
Explore more
Lists and tools related to VALE
- Stocks that pay dividends in March →
- Basic Materials dividend stocks →
- VALE dividend calculator →
- VALE DRIP calculator →
- VALE: last day to buy for the dividend →
- Embed VALE dividend data on your site →
- Dividend increases & cuts this week →
- Dividend calendar →
- Dividend calculator →
- Dividend income calculator →
- DRIP calculator →
- Latest dividend cuts →
- Dividend cuts this month (research note) →
- Dividend increases this month (research note) →
- Safety score track record →
- Dividend screener →
- Dividend history lookup →
- Guide: what is a good dividend yield? →
- Guide: how to value a dividend stock →
