Vale CFO says dividend payments may resume depending on coronavirus pandemic

6th July 2020 By: Reuters

SAO PAULO – Brazilian miner Vale is ready to resume dividend payments to investors and is just waiting for more certainty around the coronavirus pandemic before approving the move, CFO Luciano Siani told investors on Friday.

Vale has suspended dividend payments since the Brumadinho, Minas Gerais, dam burst, in 2019. The company last paid dividends in September 2018.