Thanks to China, Brazil’s VALE reports record-breaking Q2 profits. $3 bn dividends offered.
- Friday, July 29, 2011, 2:08
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Boosted by Chinese demand, Vale has reported record-breaking performance in second quarter results and offered $3 billion in dividends. Brazil?s national champion plans to pay additional $4 billion in dividends by the end of 2011.
http://blogs.forbes.com/ricardogeromel/2011/07/28/thanks-to-china-brazils-vale-reports-record-breaking-q2-profits-3-bn-dividends-offered/