Vale Do Rio Doce Dividend yield




   BRL/share 
 Price  67.13
 Dividend  21.93
 Earnings  26.85
 Cash-flow  30.51
 Book value  41.96
 Equity  41.37

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 paid a total dividend of 99,716 million BRL last year, for a market value of 305,240 millions (Market Cap 260,652 millions). Dividend per share of Vale Do Rio Doce is 21.93 BRL, and his stock market price 67.13 BRL.

According to the chart below, where dividend yield is displayed, Vale Do Rio Doce has a dividend yield of 32.67%, 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 dividend yield with other Mining companies or firms from Brazil.

Dividend yield of Vale Do Rio Doce

Vale Do Rio Doce Dividend Payout

About the ability of Vale Do Rio Doce to maintain his current dividend of BRL 21.93 per share, an amount that accounts for 32.67%, 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 81.68%, which is higher than the market average, and companies of Basic Materials industry, which are 41.59% and 43.97% respectively. Both figures show that Vale Do Rio Doce can have problems to keep with his present dividend yield.

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 30.51 per share, which is higher than the dividend per share paid by the company of BRL 21.93, 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 payout

Vale Do Rio Doce Dividend History

Year Yield  BRL  Paypout  Shares* 
Present32.67%21.9381.68%4,547
202118.77%14.63270.43%5,133
20204.37%3.82-357.01%5,130
20192.65%1.4127.27%5,128
20184.68%2.3966.02%5,197
20173.29%1.3277.19%5,285
20163.51%0.98-11.88%3,217
20158.66%1.14285.00%3,217

*In millions

Vale Do Rio Doce Stock performance

Finally, last moth Vale Do Rio Doce showed a return of -6.80% compared to a worldwide 3.75% average, and a 2.90% of Basic Materials firms. Over the last year, the company obtained a -6.30% versus a worldwide performance of a -9.52%. More detailed information can be seen in the following graph for Brazil and Mining firms.

Vale Do Rio Doce stock and market return