Vale S.A.'s IFRS net income for 3 months of 2022 was $4.478 billion, down 22.4% from $5.772 billion in the previous year. Revenue decreased by 13.9% to $10.812 billion compared to $12.553 billion a year earlier.

The Vale S.A. Board of Directors announced a quarterly dividend of $0.73 per share. The last day to buy securities to receive the dividend is March 8, 2022. The annual dividend yield may reach 15.57%.

Vale's board of directors has approved the redemption of 133,418,347 treasury shares, representing 41% of the securities held in treasury. As a result, the company's share capital will consist of 4,999,040,051 common shares and 12 special class preferred shares.

Vale S.A.'s IFRS net income for 2021 was $22.468 billion, up 4.9 times from $4.531 billion in the previous year. Revenue increased 37.8% to $54.502 billion compared to $39.545 billion a year earlier.