Rio de Janeiro, April 20th, 2017 - Vale S.A. (Vale) informs that at the Annual General Shareholders Meeting held today, was approved the payment of shareholder remuneration for the year of 2016.

Form of payment

Payment of the dividend will be made as follows:

1. Distribution of R$ 4,666,750,435.04 equivalent to R$ 0.905571689 per outstanding common or preferred share, based on the number of shares on April 19th, 2017 (5,153,374,926), being in the form of interest on equity.

2. Record date for the owners of Vale shares traded on the BM&F Bovespa will be on April 20th, 2017 and for holders of American Depositary Receipts (ADRs) traded on the New York Stock Exchange (NYSE) and Euronext Paris will be on April 26th, 2017.

3. Holders of ADRs will receive the payment through Citibank N.A., the depositary agent for ADRs, on May 5th, 2017.

4. Vale's shares will start trading ex-dividends on the BM&F Bovespa, NYSE and Euronext Paris as of April 24th, 2017.

Including the first tranche paid out on December 16th, 2016, in the amount of R$ 856,975,000.00, Vale's total gross payment to its shareholders is R$ 5,523,725.435.04, based on the results of the 2016 financial year.

For further information, please contact:
+55-21-3485-3900

André Figueiredo: andre.figueiredo@vale.com
Carla Albano Miller: carla.albano@vale.com
Fernando Mascarenhas: fernando.mascarenhas@vale.com
Andrea Gutman: andrea.gutman@vale.com
Bruno Siqueira: bruno.siqueira@vale.com
Claudia Rodrigues: claudia.rodrigues@vale.com
Denise Caruncho: denise.caruncho@vale.com
Mariano Szachtman: mariano.szachtman@vale.com
Renata Capanema: renata.capanema@vale.com

This press release may include statements that present Vale's expectations about future events or results. All statements, when based upon expectations about the future, involve various risks and uncertainties. Vale cannot guarantee that such statements will prove correct. These risks and uncertainties include factors related to the following: (a) the countries where we operate, especially Brazil and Canada; (b) the global economy; (c) the capital markets; (d) the mining and metals prices and their dependence on global industrial production, which is cyclical by nature; and (e) global competition in the markets in which Vale operates. To obtain further information on factors that may lead to results different from those forecast by Vale, please consult the reports Vale files with the U.S. Securities and Exchange Commission (SEC), the Brazilian Comissão de Valores Mobiliários (CVM), and the French Autorité des Marchés Financiers (AMF), and in particular the factors discussed under 'Forward-Looking Statements' and 'Risk Factors' in Vale's annual report on Form 20-F.


​
​​

Vale SA published this content on 20 April 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 20 April 2017 22:13:23 UTC.

Original documenthttp://www.vale.com/EN/investors/information-market/Press-Releases/Pages/vale-pays-dividend-to-shareholders.aspx

Public permalinkhttp://www.publicnow.com/view/B6C845CFAD476B362D63CBE99D71E3392E104EEF