Does Vale (VALE) Pay a Dividend? (2026)

Last updated July 2026

Short answer

Yes. Vale (VALE) pays a dividend yielding about 8.36% as of August 2026, paid quarterly, four times a year. The latest payment on record was $0.67 per share, ex-dividend December 12, 2025. The forward annual rate is roughly $1.26 per share, about $836 a year on a $10,000 position before tax. Figures are approximate and dated; verify the current number with your broker.

Does Vale (VALE) pay a dividend?

Yes. Vale distributes a dividend yielding roughly 8.36% as of August 2026, paid quarterly, four times a year. The most recent payment on record was $0.67 per share, with an ex-dividend date of December 12, 2025. Annualized, that is about $1.26 per share.

Vale reported Q1 2026 net operating revenue of about US$9.3 billion, up 14 percent year over year, with net income near US$1.9 billion, and closed FY2025 with roughly US$38.4 billion in revenue and US$15.5 billion in adjusted EBITDA. The stock trades at a low single-digit-teens forward multiple typical of cyclical miners, reflecting the market pricing in soft iron ore prices. The high headline dividend yield is a function of policy payouts that vary with free cash flow rather than a fixed commitment.

VALE dividend at a glance

Dividend yield
8.36%
Annual rate / share
$1.26
Payout ratio
120.50%
Ex-dividend date
2025-12-12
Recent payments per share
2025-12-12$0.668
2025-08-13$0.347
2025-03-10$0.373
2024-12-12$0.091
2024-08-05$0.371
2024-03-12$0.544

VALE dividend data as of August 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with VALE's investor relations page before relying on it.

Is the VALE dividend covered?

Vale paid out about 121% of reported net income as dividends, which means the dividend was larger than accounting earnings over the period. That sounds alarming and sometimes is, but it is normal and expected for REITs, BDCs, and companies carrying large non-cash charges such as amortization, because those businesses are judged on cash measures (FFO, AFFO, or distributable net investment income) rather than GAAP net income. The useful check for VALE is whether the cash-flow measure covers the payout, not the earnings-based ratio.

Coverage is the question worth asking before yield. A dividend is only as good as the earnings behind it, and the highest yields on any screen are often the ones closest to being cut. Walnut is informational and is not an investment adviser.

How the VALE dividend has changed

The latest payment of $0.67 per share compares with $0.37 in the equivalent payment a year earlier (August 5, 2024). We are not quoting a growth rate from those two figures, because a change that large usually means a share split or a gap in the stored history rather than a real raise.

A single year says little on its own. What dividend-growth investors track is the multi-year record: whether the payout has risen through a downturn, and whether the raises have kept pace with inflation. That record is on VALE's investor relations page.

What VALE's dividend means for you

  • Income: about $836 a year per $10,000 invested, before tax.
  • Yield is a ratio, not a payment: it rises when the share price falls. A jump in yield without a raise in the dividend means the stock got cheaper, which may or may not be good news.
  • Total return: for VALE the dividend is one part of return and price change is usually the larger part. Compare total return, not yield, when weighing it against another holding.
  • Reinvest or take the cash: a DRIP compounds the position automatically; taking the cash gives you income now. Either way it is taxable in a taxable account.
  • If you want more yield: dedicated dividend names and funds target higher, steadier payouts. See the best dividend stocks and best dividend ETFs.

How VALE dividends are taxed

Dividends from US common stock are usually qualified, which means they are taxed at long-term capital-gains rates rather than as ordinary income, as long as you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs and BDCs generally do not qualify and are taxed as ordinary income. Inside an IRA, Roth, or 401(k) none of this applies while the money stays in the account. Full detail is in how dividends are taxed. This is not tax advice.

The bottom line on the VALE dividend

Vale (VALE) pays about 8.36%, or roughly $1.26 per share a year. That is a genuine income yield, so the payout is a real part of the case for holding it, and the coverage question above is the one to answer first. For the full picture see the VALE guide. Walnut can show how VALE fits your real portfolio. It is not an investment adviser.

Investing in Vale with AI

Connect the broker you already use and ask Walnut's AI how VALE fits what you actually hold: whether you own it already through a fund, what it would do to your concentration, and how it has tracked the S&P 500. Read-only by default, and you approve anything before it reaches your broker.

FAQ

Does Vale (VALE) pay a dividend?

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Yes. Vale pays a dividend yielding roughly 8.36% as of August 2026, paid quarterly, four times a year. The most recent payment on record was $0.67 per share with an ex-dividend date of December 12, 2025. That works out to a forward annual rate of about $1.26 per share. Yields move with the share price, so verify the current figure with your broker or VALE's investor relations page before relying on it.

What is VALE's dividend yield?

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About 8.36% as of August 2026. On a $10,000 position that is roughly $836 of dividend income a year before tax. For context, the S&P 500 yields around 1.2%, so VALE yields meaningfully more than the broad market. A higher yield is not automatically better: it can reflect a falling share price as easily as a generous payout, so it is worth checking why the number is what it is.

How often does VALE pay its dividend?

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Vale pays quarterly, four times a year. The most recent payment on record had an ex-dividend date of December 12, 2025. To receive a given payment you have to own the shares before the ex-dividend date, not on the pay date. Confirm upcoming dates on VALE's investor relations page, because boards can change both the amount and the timing.

When is VALE's ex-dividend date?

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The ex-dividend date recorded in our August 2026 data pull is December 12, 2025. The ex-dividend date is the cutoff: buy on or after it and the seller keeps that payment, not you. Buying just before the ex-date to capture the dividend does not create free money, because the share price typically drops by roughly the dividend amount when the stock goes ex. Check VALE's investor relations page for the next confirmed date.

How much is VALE's dividend per share?

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$0.67 per share in the most recent payment (ex-date December 12, 2025), which annualizes to about $1.26 per share. The equivalent payment a year earlier was $0.37. We are not quoting a growth rate off those two figures because the change is large enough that a share split or a gap in the stored history is the more likely explanation.

Has Vale raised its dividend recently?

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Yes. The latest payment of $0.67 per share is above the $0.37 paid in the same slot a year earlier. One raise is not a policy, though: check the multi-year record on VALE's investor relations page, since a long streak of increases is what dividend-growth investors actually look for.

Is VALE's dividend safe?

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Vale paid out about 121% of reported net income as dividends, which means the dividend was larger than accounting earnings over the period. That sounds alarming and sometimes is, but it is normal and expected for REITs, BDCs, and companies carrying large non-cash charges such as amortization, because those businesses are judged on cash measures (FFO, AFFO, or distributable net investment income) rather than GAAP net income. The useful check for VALE is whether the cash-flow measure covers the payout, not the earnings-based ratio. Nobody can guarantee a dividend: boards cut them, and a high yield is sometimes the market pricing in exactly that. Walnut is not an investment adviser and this is not a recommendation.

How much would I earn in dividends from a $10,000 position in VALE?

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At a yield of about 8.36%, roughly $836 a year before tax, spread across 4 payments. That is a snapshot, not a promise: the amount changes when the company changes its payout, and your yield on cost is fixed at the price you paid, not at today's price.

Are VALE dividends qualified for tax purposes?

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Dividends from US common stock are usually qualified, meaning they are taxed at the lower long-term capital-gains rates, provided you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs, BDCs, and some pass-through structures are generally taxed as ordinary income instead. In an IRA or Roth the question does not arise. See our guide to how dividends are taxed. This is not tax advice.

Should I reinvest VALE dividends?

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Most brokers offer automatic reinvestment (a DRIP) that puts each VALE payment straight back into more shares, often fractional ones. Reinvesting compounds the position and is the standard choice when you do not need the cash yet. Taking the cash makes sense when you are spending the income or want to direct it elsewhere. Either way the dividend is taxable in a taxable account in the year it is paid, even if you never see the money.

Why is VALE's dividend yield so high?

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Vale follows a payout policy that scales dividends with its free cash flow, so in strong commodity-price years the yield has been roughly 5 to 6.5 percent. Because it is variable rather than fixed, the dividend can shrink significantly if iron ore prices and earnings fall.

Walnut is informational, not investment advice. Dividend figures on this page come from a August 2026 data pull and are approximate; verify the current yield, amount, schedule, and policy with VALE's investor relations page or your broker before acting on them.

Guides that feature VALE

VALE is one of the names covered in these guides. Each one puts the stock next to its peers so you can see where it fits rather than judging it alone.

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