Vale (NYSE: VALE) shares as of market close today will be eligible for a dividend of 42 cents per share. At a price of $16.66 as of 9:36 a.m. ET, the dividend yield is 4.5%. The average volume for Vale has been 17.6 million shares per day over the past 30 days. Vale has a market cap of $93.7 billion and is part of the metals & mining industry. Shares are down 21.8% year to date as of the close of trading on Monday. EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys dividend stocks that have the potential for a 3% to 4% yield and 10% growth. Get his best picks for less than $50/year. Vale S.A. engages in the research, production, and marketing of iron ore and pellets, nickel, fertilizers, copper, coal, manganese, ferroalloys, cobalt, platinum group metals, and precious metals in Brazil and internationally. The company has a P/E ratio of 16.33. TheStreet Ratings rates Vale as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and weak operating cash flow. You can view the full Vale Ratings Report now.
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