Vale Do Rio Doce Dividend yield

Vale Do Rio Doce is part of Mining business, which is part of Basic Materials industry. Vale Do Rio Doce is a company from Brazil, and his stocks are publicly traded.

Vale Do Rio Doce stock dividend

Vale Do Rio Doce paid a total dividend of 18,324 million BRL last year, for a market value of 295,919 millions (Market Cap 252,692 millions). Vale Do Rio Doce dividend per share is 4.03 BRL, and his stock market price 65.08 BRL.

According to the chart below, where dividend yield is displayed, Vale Do Rio Doce has a dividend yield of 6.20%, which is higher than the amount offered by both the market average and companies from Brazil. It is also bigger than average of Basic Materials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Vale Do Rio Doce stocks dividend with other Mining companies or other of the high Brazil dividend stocks list.

Vale Do Rio Doce Dividend Payout

About the ability of Vale Do Rio Doce to maintain his current dividend of BRL 4.03 per share, an amount that accounts for 6.20%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Vale Do Rio Doce payout on ernings is currently 18.58%, which is lower than the market average and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures lead us to believe that there is confidence that Vale Do Rio Docecan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Vale Do Rio Doce is BRL 13.02 per share, which is higher than the dividend per share paid by the company of BRL 4.03, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Vale Do Rio Doce, compared againt world market average, Brazil companies, Basic Materials industry and Mining sector companies.

Vale Do Rio Doce Dividend History

Below you will find a table with the historical evolution of Vale Do Rio Doce's dividend stock, both in percentage and in BRL, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	BRL	Paypout	Shares*
Present	6.20%	4.03	18.58%	4,547
2022	8.53%	7.58	28.15%	4,547
2021	18.77%	14.63	270.43%	5,133
2020	4.37%	3.82	-357.01%	5,130
2019	2.65%	1.41	27.27%	5,128
2018	4.68%	2.39	66.02%	5,197
2017	3.29%	1.32	77.19%	5,285
2016	3.51%	0.98	-11.88%	3,217
2015	8.66%	1.14	285.00%	3,217

*In millions

Then you can see the evolution of Vale Do Rio Doce dividend stock, and compare it with the average of Brazil stocks and that of the Mining stocks.

Vale Do Rio Doce Stock performance

Finally, last moth Vale Do Rio Doce showed a return of -5.90% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 0.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Brazil and Mining firms.