July 30, 2020 / 1:11 AM / 15 days ago

Brazil's Vale resumes dividend payments 18 months after deadly dam disaster

July 29 (Reuters) - The board of Brazilian mining company Vale SA has decided to resume dividend payments, which had been suspended since a Vale-owned dam burst in January 2019, killing hundreds, it said in a securities filing on Wednesday night.

The board also approved an interest on equity payment of 1.41 reais ($0.27) per share, to be paid on Aug. 7, the company said.

$1 = 5.17 reais Reporting by Gram Slattery and Sabrina Valle; Editing by Sandra Maler

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below