October 15, 2015 / 9:14 PM / 2 years ago

RPT-Board of Brazil's Vale approves second dividend payment

(Repeats to add dropped word to headline)

RIO DE JANEIRO, Oct 15 (Reuters) - Brazilian miner Vale SA said on Thursday its board approved the payment of a second dividend installment this year of $500 million.

The sum was proposed by the company's executive committee last month. (Reporting by Stephen Eisenhammer)

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