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Vale makes world’s biggest dividend cut and knocks Brazil off top of global rankings

The concentration of dividends on the Brazilian stock exchange became apparent in the first quarter of 2023.

Vale made the most significant dividend cut in the world in this period, of US$1.8 billion compared to the first quarter of 2022, and left the ranking of the twenty best payers in the world - where it came to occupy the ninth and 15th places in the past.

The data are from the 38th edition of the Janus Henderson Global Dividend Index, published first-hand by InfoMoney.

The report quarterly analyzes the world's 1,200 largest companies by market capitalization . . .

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