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Vale's dividend at risk of slump, say analysts

Friday, January 16, 2015 - 05:50

Rio de Janeiro

VALE SA is forecast by analysts to cut its annual dividend by almost half, jeopardising its status as the most generous major mining company as iron ore prices plummet.

The Rio de Janeiro-based company will pay US$2.2 billion in dividends this year, down 47 per cent

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