Brazil’s Top Dividend Payers Cut Back

Petrobras and Vale, Brazil’s largest dividend-paying companies, have cut their dividend distributions to shareholders. A study by Meu Dividendo shows their contribution dropped to 38% this year. For Vale, a struggling Chinese economy is to blame. China is a key buyer of iron ore, which affects Vale’s financials. On the other hand, political shifts impact […]

Leave a Reply

Your email address will not be published. Required fields are marked *